Why bank stocks are so unstable
The financial sector has been churning in rough water since the shocking collapse of Silicon Valley Bank in March.
2023-05-09 19:18
Goldman Sachs to pay $215 million to settle discrimination claims from female employees
Goldman Sachs has agreed to pay $215 million to settle a long-running class-action lawsuit that alleged widespread bias against women in both pay and promotions, a joint statement from the company and the plaintiffs said.
2023-05-09 16:18
'Everybody is worried': China raids offices of consultancy firm Capvision in widening industry crackdown
China's state security authorities raided multiple offices of international advisory firm Capvision, state media reported Monday, part of a broader crackdown on the consulting industry as Beijing tightens control over what it considers sensitive information related to national security.
2023-05-09 15:57
McCarthy-Biden showdown is about much more than the US national debt
The clash between President Joe Biden and House Majority Leader Kevin McCarthy over the US debt will decide who is the most dominant figure in Washington for most of the next two years. And a failure by the two men to come to terms by this time next month would result in a national default that could have a profound impact on the economy and the 2024 election.
2023-05-09 12:20
Sam Bankman-Fried wants his case thrown out of court
Lawyers for FTX founder Sam Bankman-Fried on Monday filed motions to dismiss the US government's fraud charges against him.
2023-05-09 11:48
Disney updates lawsuit against DeSantis to add new events
Disney has amended its free speech lawsuit against Gov. Ron DeSantis to add recent developments in the tit-for-tat fight between the entertainment giant and the Florida governor
2023-05-09 10:23
If US defaults on its debt, Treasury would have to decide how to pay the bills
As the date that the US could default on its obligations grows closer, the Treasury Department must prepare for an unprecedented situation -- figuring out which bills to pay with the money it has on hand if Congress doesn't act.
2023-05-09 02:55
Virgin Galactic set for first spaceflight since Richard Branson's trip two years ago
Virgin Galactic, the suborbital space tourism company, is gearing up for its first flight to the edge of space in nearly two years.
2023-05-09 00:51
New this week: Jonas Brothers, Muppets, Bennifer and Zelda
This week’s new entertainment releases include an album from Jonas Brothers, Nintendo releasing a fresh Legend of Zelda video game and PBS’ “Great Performances” celebrating 50 years of Broadway with a starry concert
2023-05-08 22:53
Kimberly Palmer: How to make summer camp more affordable
While summer camp costs are rising, parents can find deals by booking sessions early, asking about financial aid, and leveraging sibling and other discounts
2023-05-08 22:23
The Fed could be on the verge of repeating its 1970s mistake, Fed historian says
When the US Federal Reserve embarked on an aggressive campaign to quash inflation last year, it did so with the goal of avoiding a painful repeat of the 1970s, when inflation spun out of control and economic malaise set in.
2023-05-08 21:36
Congress eyes new rules for tech: What's under consideration
Most Democrats and Republicans agree that the federal government should better regulate the biggest technology companies, particularly social media platforms
2023-05-08 21:30