Watchdog agency increases its pandemic unemployment benefits fraud estimate to as much as $135 billion
As much as $135 billion in fraudulent Covid-19 pandemic unemployment insurance claims were likely paid out, according to a report released Tuesday by the US Government Accountability Office.
2023-09-13 06:46
US looks to offload $13 billion of mortgage bonds seized from SVB, Signature - Bloomberg News
The U.S. government is looking to offload nearly $13 billion of mortgage bonds it amassed from Silicon Valley
2023-09-13 06:25
Wall Street bosses see deal drought easing as IPOs spur optimism
By Tatiana Bautzer NEW YORK Wall Street investment bankers are optimistic that dealmaking will pick up as new
2023-09-13 05:49
DoubleLine's Gundlach expects Fed rate cuts in first half of 2024
DoubleLine Capital CEO Jeff Gundlach expects the U.S. Federal Reserve to cut benchmark rates in the first half
2023-09-13 05:28
Sam Bankman-Fried loses bid for pretrial jail release
By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried on Tuesday lost a bid to be released from jail so he
2023-09-13 05:15
Trump Org. announces sale of New York City golf course
The Trump Organization said it sold its lease for a New York golf course with sweeping views of Manhattan to Bally's Corporation, ending several years of controversy.
2023-09-13 04:50
BP CEO resigns after probe reveals undisclosed relationships with colleagues
BP CEO Bernard Looney has resigned after admitting that he had not been "fully transparent" about "historical relationships with colleagues," according to a statement from the oil giant on Tuesday.
2023-09-13 03:51
US banks say regulators broke law as fight over proposed capital rules escalates
By Pete Schroeder WASHINGTON (Reuters) -U.S. bank groups on Tuesday accused the Federal Reserve and other regulators of violating federal
2023-09-13 03:49
Elon Musk should be forced to testify on X's 'chaotic environment,' US regulator tells court
Elon Musk should be forced to testify in an expansive US government probe of X, the company formerly known as Twitter, the US government said.
2023-09-13 03:27
Brazil government expects rates to fall by at least 50 bps -minister
BRASILIA The Brazilian government expects cuts of at least 50 basis points in the central bank's benchmark interest
2023-09-13 02:46
BP CEO Bernard Looney to resign - FT
(Reuters) -BP's Chief Executive Officer Bernard Looney is to resign, the Financial Times reported on Tuesday citing two people with
2023-09-13 02:17
McCarthy Launches Biden Impeachment Probe, Alleging Corruption
Speaker Kevin McCarthy launched an impeachment probe into President Joe Biden for what the Republican leader called a
2023-09-13 01:55