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What you need to know on Wall Street today

What you need to know on Wall Street today

steve bannon

Chip Somodevilla/Getty Images

Steve Bannon in the White House Rose Garden.

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up $4.

It looks like White House chief strategist Steve Bannon is out.

Conservative internet news mogul Matt Drudge $4. Check back $4. You $4.

Billionaire investor Lee Cooperman is stepping up his attack against fellow billionaire Bill Ackman. In a phone call with Business Insider on Thursday, August 17, Cooperman laid out an argument against Ackman's attempt to change ADP, charging against what he perceived as Ackman's misguided attempt to shake up the human resources company.

"He's conducting himself in a very destructive manner," said Cooperman, the founder of Omega Advisors, a multi-billion New York-based hedge fund. You can $4.

Elsewhere in finance news, Goldman Sachs has ascended to the top of a different kind of ranking - $4. The US investment also may $4.

US pension funds are suing $4. And the SEC has dropped its case $4.

The White House scrapped plans for $4. A group of investors is $4. And China's government is moving to curb domestic companies' investments abroad in property, sports, entertainment, and other fields, $4.

In markets news, there are cracks $4. And the stock market's $4. And traders $4.

We spoke to the cofounder of $1.3 billion startup Robinhood, and he a "logical fallacy" in investing>$4.

Wall Street's biggest bear $4. And a 25-year-old made a fortune in bitcoin - $4

In company news:

Lastly, we tried the ultra-decadent secret "billionaire menu" at $4.

NOW WATCH: $4

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