Biggest Treasury ETF Sees Largest Exodus Since 2020 Meltdown
Investors are bailing out of the biggest exchange-traded fund devoted to Treasuries at the fastest pace since markets
2023-08-15 01:55
UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession.
2023-08-15 01:53
Montana Youth Climate Activists Get Historic Win in State Case
(Bloomberg Law) -- A state judge ruled Monday that Montana’s oil and gas policies are infringing on young people’s constitutional
2023-08-15 01:47
Biden's climate law has led to 86,000 new jobs and $132 billion in investment, new report says
A year after Democrats passed their sweeping $750 billion climate and health care law, it's leading to a surge of clean energy projects and job creation, according to a recent Bank of America report.
2023-08-15 01:45
Hawaiian Electric Industries shares plunge amid deadly Maui wildfire scrutiny
(Reuters) -Hawaiian Electric Industries' shares plunged nearly 40% to a 13-year low in early trading on Monday amid growing scrutiny
2023-08-15 01:29
US says UBS to pay $1.43 billion for alleged fraud over residential mortgage-backed securities
WASHINGTON Banking group UBS and many of its U.S.-based affiliates have agreed to pay $1.43 billion in penalties
2023-08-15 01:27
Hawaiian Electric stock plunges 40% after lawsuit alleges it failed to shut power off ahead of the Maui wildfires
Hawaiian Electric's stock tumbled to a 13-year low Monday morning, plummeting nearly 40% after a class action lawsuit filed over the weekend alleged that Maui's devastating wildfires were caused by the utility's energized power lines that were knocked down by strong winds.
2023-08-15 01:26
Biden urges automakers, union to make 'a fair agreement'
WASHINGTON (Reuters) -U.S. President Joe Biden on Monday called for union auto workers and Detroit's Big Three automakers to come
2023-08-15 01:15
Russia's Alrosa reports strong diamond sales despite sanctions
LONDON Sanctions-hit Alrosa kept diamond sales in the first half of 2023 at the year-ago levels, the Russian
2023-08-15 00:48
Clarence Avant, ‘Black Godfather' of entertainment, and benefactor of athletes and politicians, dies
Clarence Avant, the manager, entrepreneur, facilitator and adviser who helped launch or guide the careers of Quincy Jones, Bill Withers and many others and came to be known as the "Black Godfather" of entertainment and beyond has died at 92
2023-08-15 00:47
Sunak Was Warned of Health Risk Posed by UK Migrant Barge Plan
UK health authorities and civil servants repeatedly warned Prime Minister Rishi Sunak’s government about the potential for an
2023-08-15 00:46
Coinbase launches nonprofit crypto advocacy group
Coinbase is launching an independent nonprofit organization for advancing pro-crypto legislation through Congress, hoping to build on recent legislative and legal wins for the digital asset industry.
2023-08-15 00:21