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President Donald Trump on Friday announced the nomination of Kevin Warsh to serve as the next chairman of the Federal Reserve following a lengthy deliberation process. Warsh, who previously served as…

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Shares of buy now, pay later company Klarna rose more than 30% on Wednesday after the company raised $1.37 billion in its long-awaited  initial public offering. Klarna’s stock, trading under the ticker KLAR, opened at $52 per share after pricing at a higher-than-expected $40, which…

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