As Markets Churn, Investors Hide In Cash Despite Surging Inflation
By Lewis Krauskopf NEW YORK (Reuters) – A tough year in markets is leading some investors to seek refuge in…
September 16, 2022
Credit Suisse Settles U.S. Shareholder Lawsuit Over Risk Exposure, Archegos
By Jonathan Stempel NEW YORK (Reuters) – Credit Suisse Group AG reached a $32.5 million settlement to resolve a lawsuit…
FedEx Warning Drives Worst Decline In Stock, Deepens Slowdown Fears
By Medha Singh and Bansari Mayur Kamdar (Reuters) -FedEx Corp’s shares had their worst day ever and closed at the…
Canadian Dollar Hits Near 2-year Low, TSX Falls As Sentiment Sours
By Fergal Smith TORONTO (Reuters) – The Canadian dollar weakened to its lowest level in nearly two years against the…
JPMorgan Reduces Credit To China’s Tsingshan And Metal Clients Globally
By Eric Onstad, Pratima Desai and Peter Hobson LONDON (Reuters) – JPMorgan Chase & Co has reduced lending to China’s…
Forecast For Fed Terminal Rate Hits New High, Shaking Stocks And Bonds
By Davide Barbuscia NEW YORK (Reuters) – Expectations of how aggressively the Federal Reserve will raise rates in its fight…
Goldman Sachs Defeats Employee Class Action Over Retirement Plan
By Jonathan Stempel NEW YORK (Reuters) – Goldman Sachs Group Inc won the dismissal of a proposed class action by…
Exclusive-Delta Air Lines Readies Refinery To Process Biofuels -sources
By Laura Sanicola and Laila Kearney (Reuters) – Delta Air Lines Inc plans to start receiving shipments of renewable fuel…
Q&A: Craig Newmark aims to defend democracy via philanthropy
NEW YORK (AP) — Craig Newmark twists a “Batman” quote to jokingly refer to himself as “not the nerd you…
Goldman Sachs Consumer Banking Unit Under Fed Scrutiny – Bloomberg Law
(Reuters) -Goldman Sachs Group Inc’s consumer banking unit is being reviewed by the Federal Reserve, Bloomberg Law reported on Friday,…