Yellen Says ‘We Have to Default’ on Something If Congress Fails
Treasury Secretary Janet Yellen said that the federal government will have to renege on some payments if Congress
2023-05-13 05:45
ISS backs one of Icahn's nominees for Illumina
(Reuters) -Proxy advisory firm Institutional Shareholder Services (ISS) on Friday recommended that gene-sequencing giant Illumina Inc's shareholders vote for activist
2023-05-13 05:21
Hedge Fund Trade With a History of Blowups Is Back Again
Hedge funds looking to profit from dislocations in the US Treasury market appear to be playing with the
2023-05-13 05:19
California’s Newsom Slams Congress for ‘Dumb’ Immigration Policy
California Governor Gavin Newsom slammed US House Speaker Kevin McCarthy for the country’s broken immigration system as tens
2023-05-13 05:19
NFL's Washington Commanders agree to sell the team to group led by Josh Harris
Dan and Tanya Snyder agreed to sell the Washington Commanders franchise to a group led by Josh Harris on Friday, according to a statement from from the team and the investment group.
2023-05-13 05:18
Debt ceiling: Still no plan to avoid a default, but major shifts in posture
After a week of meetings on the debt ceiling, Congress, the White House and the country still do not have a clear path forward to avoid a cataclysmic default with just four days when both the House and Senate are scheduled to be in session before June 1, when the US could default on its obligations. On one hand, it looks like this could go to the brink. On the other, there have been pockets of progress over the intervening days and signs that some of the most stringent and hardened positions negotiators have been echoing over the last three months are slowly beginning to soften.
2023-05-13 04:55
US Bank Lending Retreated During Week of First Republic Failure
US loans and deposits fell slightly in the chaotic first week of May when First Republic Bank collapsed
2023-05-13 04:50
Commanders' record sale agreed to by Snyder family, Harris group that includes Magic Johnson
A group led by Josh Harris has agreed to buy the NFL’s Washington Commanders from longtime owner Dan Snyder and his family
2023-05-13 04:49
Fed’s Extreme Stranglehold Over Wall Street Trading Is Easing
Risky and safe assets alike have hung on every word and deed of Jerome Powell and Co. for
2023-05-13 04:21
Lobbyist pleads guilty to conspiracy in scheme to bribe Michigan marijuana board chair
A fourth person has pleaded guilty in a scheme to bribe the head of a Michigan marijuana licensing board
2023-05-13 04:20
Robocall company behind 'billions' of illegal calls sued by FTC
WASHINGTON XCast Labs, a company accused of helping make billions of illegal robocalls, was sued on Friday by
2023-05-13 04:18
Factbox: Linda Yaccarino - the advertising executive Musk picked as new Twitter CEO
Elon Musk has named former NBCUniversal advertising chief Linda Yaccarino as Twitter's new CEO, as the company tries
2023-05-13 03:56