A former broker must pay more than $15 million for using over a dozen accounts to influence the prices of some 2,000 exchange-traded securities as part of an alleged market manipulation scheme the judge called “egregious.”
Snowflake Inc.’s stock had its worst day ever after the company gave a quarterly sales outlook that fell short of expectations, suggesting that customers have continued trimming their spending for cloud software amid uncertain economic conditions.
Brazil central bank President Roberto Campos Neto said there are positive signs on inflation coming from lower electricity and commodity prices, further fueling a selloff in the real as traders bet interest rate cuts may come earlier than expected.
The leader of the right-wing Oath Keepers group was ordered to serve 18 years in prison for his role in the 2021 attack on the US Capitol and conspiring to use force to keep Donald Trump in power after he lost the 2020 presidential election.
A group of civil rights organizations are challenging a new Florida voting law that they claim violates the Constitution by making it harder for Blacks and Latinos to participate in the 2024 presidential election.
Traders fully priced in another quarter-point interest-rate increase by the Federal Reserve within the next two policy meetings and a more than one-in-two chance that hike could arrive as soon as next month.
California Governor Gavin Newsom said the state is on track to meet its ambitious clean energy targets — already producing more than half of the state’s electricity from zero-carbon sources.
Digital Currency Group, the digital-asset conglomerate that is negotiating with creditors of its bankrupt lending business, is closing down its TradeBlock subsidiary that provides trade execution, pricing and prime brokerage services to institutional investors.
Illinois is readying a special team to tackle potential violence and prevent crises in Chicago during Memorial Day weekend.
Nikola Corp. tumbled Thursday after Nasdaq Inc. notified the company that it isn’t in compliance with the minimum bid requirements to remain listed on the exchange.
