Investing

J.P. Morgan Chase is expanding a previous program designed to boost job prospects for people at risk of being shut out of the economy. The bank’s new five year plan, announced Monday, includes $200 million to develop training programs for in-demand digital and technical roles, $125 million to boost collaboration between employers and the educational
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Nobel laureate Robert Shiller suggests a self-fulfilling is prophecy unfolding on Wall Street that could ultimately derail the longest bull market in history. According to the Yale University economics professor, growing worries about a recession could make it come sooner — even if there isn’t a specific event to spark it. “A lot of people
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Caterpillar shares fell on Tuesday after UBS double downgraded the shares, citing slowing global construction demand. UBS downgraded Caterpillar from buy all the way to sell and lowered its 12-month price target to $125 from $154 a shares. Caterpillar shares dropped 3.5 percent in premarket trading to $136.45. “We believe 55 percent of CAT’s end
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