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Bitcoin was in danger of falling below $7,000 Monday.
The Federal Reserve has raised interest rates over the past two years, but the biggest Wall Street banks are holding the line on the rates they pay depositors. As a result the banks have kept the extra income for themselves, benefiting executives, employees and shareholders at the expense of retirees and other ordinary savers.
John Flannery sees progress being made on GE's initiatives, but that is what I expected him to say.