Treasury Secretary Janet Yellen said the US is preparing to crack down on evasion of the Group of Seven’s price cap on Russian oil, as recent market prices signal that the mechanism may no longer be working as hoped.
Dutch lenders with high levels of excess capital and surging profits are likely to receive approval from their top regulator to pay out funds via share buybacks, said Klaas Knot, who leads the country’s central bank.
At least nine Americans died after the surprise attack by Hamas militants on Israel on Saturday, the US State Department said.
Cipriani, the operator of celebrity-packed restaurants and members’ clubs, is seeking to raise as much as €500 million ($526 million) for its global expansion, people with knowledge of the matter said.
Claudia Goldin became the third woman to receive the Nobel Prize in economics as the US academic was awarded for her research into the factors that explain pay and employment gaps between men and women.
Goldman Sachs Group Inc. economists said the surge in US Treasury yields to historically high levels over the last several weeks will crimp economic growth and sow financial risks, though the bank is still not calling for a recession.
Exxon Mobil Corp.’s head of shale remained in a Texas jail Sunday after he was arrested for sexual assault at a hotel near Houston last week, police said.
Elon Musk’s latest round of price reductions brings EVs to a new level of price parity — and they’re also driving a wedge between investors.
Global corporate bond investors are turning to shorter-dated investment grade debt to ride out market volatility after the worst week for the asset class since March.
Bristol-Myers Squibb Co. agreed to buy drugmaker Mirati Therapeutics Inc. for $4.8 billion to expand its aging portfolio of cancer drugs.
