JPMorgan Agrees to Pay $290 Million to Settle Epstein Case
JPMorgan Chase & Co. agreed to pay $290 million to settle a lawsuit alleging it knowingly benefited from
2023-06-12 22:15
Panel to Discuss If There’s a Successor for Credit Suisse’s CDS
The panel that oversees the credit-default swap market, the Credit Derivatives Determinations Committees, will discuss whether there’s a
2023-06-12 20:49
Fed Backs Away From Wages Focus, Bolstering Case for Rate Pause
Federal Reserve officials are rethinking their view that wage gains are fueling inflation, a key intellectual shift that
2023-06-12 17:29
Reddit Blackout Begins as Forums Protest Charges for Developers
Millions of Reddit fans will find themselves locked out of their favorite pages in the coming days, as
2023-06-12 14:47
Goldman Sachs Raises S&P 500 View Saying Rally to Broaden Beyond Tech
The rally in US equities will broaden beyond megacap technology names if history is any guide, Goldman Sachs
2023-06-12 13:59
Novartis Agrees to Buy Chinook for Up to $3.5 Billion
Novartis AG agreed to buy Chinook Therapeutics Inc. for as much as $3.5 billion to add two promising
2023-06-12 13:50
UBS Completes Credit Suisse Takeover to Create Swiss Bank Titan
UBS Group AG completed the deal to acquire former rival Credit Suisse Group AG, sealing the biggest merger
2023-06-12 13:23
Hedge Fund Bond Bears Are Relentlessly Shorting Treasuries
Hedge funds extended their record selling streak of short-dated Treasuries amid bets the Federal Reserve’s fight with inflation
2023-06-12 12:28
China’s Covid-Positive Test Rate Jumped to 40% Last Month
China was walloped by a Covid-19 resurgence in May, with a positive test rate nearing the peak seen
2023-06-12 12:26
US Economy Remains ‘Very, Very Hot,’ Larry Summers Says
The US economy remains “very, very hot,” though not as much as it was six to 12 months
2023-06-12 10:58
UBS to Impose Risk Limits on CS With Deal Set to Close, FT Says
UBS Group AG will impose strict restrictions on bankers from Credit Suisse Group AG, including a ban on
2023-06-12 10:47
AMLO’s Party to Announce Mexican Presidential Candidate Sept. 6
Mexican President Andres Manuel Lopez Obrador’s ruling Morena party will announce its candidate for the 2024 Mexican presidential
2023-06-12 09:46