Marketmind: Hawkish Powell keeps markets on defense
By Alden Bentley A look at the day ahead in Asian markets from Alden Bentley, Breaking News Editor
2023-06-22 05:45
Twitter accused of failing to pay millions in employee bonuses after Musk takeover
Twitter failed to pay out annual bonuses to staff after its acquisition by billionaire Elon Musk despite repeated assurances from executives in the lead-up to the deal closing that the company would do so, according to a new lawsuit filed on behalf of employees.
2023-06-22 05:16
Bill to Claw Back Bank Executives’ Bonuses Gets Senate Panel’s Approval
Top executives at lenders that collapse risk having their bonuses clawed back under legislation that’s gaining bipartisan support
2023-06-22 04:51
Court exempts a Texas company from following anti-discrimination law protecting LGBTQ+ workers
A federal appeals court says a government agency cannot enforce anti-LGBTQ+ discrimination employment rules against a Texas company owned by a conservative Christian
2023-06-22 04:25
Fenwick law firm hires Gibson Dunn to defend work for bankrupt FTX exchange
By Andrew Goudsward Law firm Fenwick & West has hired its own outside legal team as it faces
2023-06-22 04:21
Traders Bailed Out of Nasdaq ETF Just as It Started Falling
For all of the times this year that Wall Street has been caught off guard by the moves
2023-06-22 03:52
Twitter Resumes Paying Google Cloud, Patching Up Relationship
Twitter has resumed paying Google Cloud for its services, patching up a relationship that became strained after Elon
2023-06-22 03:28
Fed chief says more rate hikes likely but at slower pace
The US Federal Reserve expects to keep raising interest rates but at a slower pace, Fed chair Jerome Powell told...
2023-06-22 03:19
Lawyers' Committee for Civil Rights Under Law Recognizes 60 Years of Advocacy and Action: Honoring Five Lawyers’ Committee Luminaries
WASHINGTON--(BUSINESS WIRE)--Jun 21, 2023--
2023-06-22 03:16
Biden's 3 Federal Reserve nominees appear likely to win Senate approval
President Joe Biden’s three nominees for the Federal Reserve’s Board of Governors pledged to fight inflation during a confirmation hearing that drew only modest pushback from Republican members of the Senate Banking Committee
2023-06-22 02:54
Fed’s Bostic Says Bar to Justify Further Rate Hikes Is Higher
Federal Reserve Bank of Atlanta President Raphael Bostic said he supports holding the central bank’s target-rate level and
2023-06-22 02:54
Powell Signals Higher Rates as Lawmakers Press Him on Bank Rules
Federal Reserve Chair Jerome Powell said policymakers expect interest rates will need to move higher to reduce US
2023-06-22 02:54