Investing

Ecuador and China Reach Agreement to Restructure Billions of

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With great financial power, as China is learning, comes great responsibility — or at least a willingness to restructure loans in danger of defaulting.

Case in point: Ecuadorian President Guillermo Lasso announced on

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Investing

Big US Regional Banks Could Face New Crisis Regulations

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Can a financial institution be too small for regulations but also too big to fail? We may be about to find out.

American financial authorities are considering extending a lean version of rules

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Investing

Why Ventyx Biosciences Zoomed Nearly 60% Higher This Week

What happened

One standout in a gloomy stock market this week was Ventyx Biosciences (VTYX -1.79%). According to data compiled by S&P Global Market Intelligence, the clinical-stage biotech’s shares soared more than 58% higher during the period, thanks to the approval of a drug that hasn’t actually been developed by the company.

So what

The treatment in question

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Investing

Roughly Half of Stock Pickers Beat the Market Downturn This

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Everyone’s taking a licking in this market, except, believe it or not, stock pickers.

Through the first six months of the year — which most remember as the Hindenburg disaster playing out over

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Investing

Why Shares of Invitae Dropped 13% on Tuesday

What happened

Shares of Invitae (NVTA -13.00%), a maker of medical genetic tests, fell 14% on Tuesday. The stock closed at $4.00 on Monday, then opened on Tuesday at $3.70, before falling to a daily low of $3.45 around 11 a.m., then rising to $3.48 at Tuesday’s close.

The stock is down more than 77% this year and

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