Featured
Trump Nominates Kevin Warsh to be Next Fed Chair
Opting for a conventional choice to lead the Federal Reserve, President Trump on Friday nominated former Fed governor Kevin Warsh.
Software Stocks Enter Bear Market On AI Disruption Fear With ServiceNow Plunging 10%
Investors question whether AI competitors and automation tools could erode demand for traditional software licenses and workflows.
Recent
In Crypto Winter, Jesse Powell’s Pirate-King Leadership Style Might Be the New Normal
Kraken CEO Jesse Powell ruffled feathers in June after a New York Times article detailed “corporate culture war” raging at cryptocurrency exchange.
Citigroup Sued by Loomis Sayles Over $70 Million in Trade Losses
Loomis, Sayles & Co. sued Citigroup Inc., alleging the bank caused more than $70 million in losses while executing two separate trading orders.
Wall Street Strategists Say Stocks Rally at Odds With Profit Outlook
Dimming earnings outlook is at odds with the recent rebound in stock markets, according to strategists at Morgan Stanley.
Buffett’s Berkshire Pounces on Market Slump to Buy Equities
The conglomerate was a net buyer of equities in the quarter, reporting $3.8 billion in purchases, according to results released.