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The pullback is "not dissimilar" to that seen with the discovery of the delta variant in late 2020, but is likely to be short-lived, said SpringOwl CEO Jason Ader.
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Cathie Wood's ARK buys a million Twitter shares after Dorsey steps down Fox BusinessGravitas: Indian-origin techie Parag Agrawal becomes Twitter CEO WIONTechCrunch roundup: Jack leaves Twitter, Black Friday data, Nubank lowers IPO pricing TechCrunchTwitter's Jack Dorsey is gone but social media giant's new CEO is worse Fox NewsWho is Jack Dorsey?
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 A sustained downturn in stocks could create new buying opportunities for long-term investors.
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Despite a looming threat from the COVID omicron variant, the Fed is likely to discuss speeding up the tapering of its asset-buying program.
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Powell: Fed may pull back economic support more quickly as prices spike PoliticoPowell says Fed will discuss speeding up bond-buying taper at December meeting CNBCPowell Lays Groundwork for Faster End to Stimulus as Inflation Outlook Worsens The Wall Street JournalLive updates: How the markets are reacting on the news of the latest coronavirus variant CNN
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 Fed Chair Powell says central bank may accelerate bond-buying stimulus as economy improves.
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Starting next year, home buyers in high-cost areas of the country will be able to borrow nearly $1 million for a mortgage loan backed by the government, a reflection of the rapid appreciation in home prices nationally.
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