Last week, the Federal Reserve cut its policy rate for the first time in four years, reducing its key interest rate by half a percentage point. Fed-fund futures traders are partially pricing in as ...
Caroline Ellison, the former girlfriend of FTX co-founder Sam Bankman-Fried, has been sentenced to two years in prison for her part in the crypto exchange's collapse.
Caroline Ellison was the CEO of Alameda Research, a trading firm launched by Sam Bankman-Fried. She oversaw bets Alameda took with customer funds. She pleaded guilty to seven criminal counts. She was ...
Visa's stock closed more than 5% lower for the day. Senators grilled Novo Nordisk CEO Lars Fruergaard Jørgensen at a hearing on Tuesday over the high prices of the company's blockbuster injections.
Upside Risks to Inflation 'Remain Prominent,' Fed's Bowman Says; China Delivers Another Rate Cut By Hardika Singh Inflation remains more of a concern than potential weakness in the labor market, ...