Bloomberg Business

Japan’s Better-Than-Expected Growth Keeps Early Poll on Table

Japan’s economy expanded at a faster pace than expected as a further easing of pandemic regulations boosted consumption, an outcome that will likely keep speculation simmering of a possible early election and potential central bank policy change.

Fed’s Bostic Says ‘Hard Part’ Still Ahead If Inflation Stubborn

Federal Reserve Bank of Atlanta President Raphael Bostic and his Chicago counterpart Austan Goolsbee voiced optimism they could achieve a soft landing for the US economy, but Bostic warned officials will face a stern test if it turns out they are wrong.

Wells Fargo to Pay $1 Billion in Class-Action Lawsuit

Wells Fargo & Co. agreed to pay $1 billion to settle a shareholder lawsuit that accused it of making misleading statements about its compliance with federal consent orders following the 2016 scandal involving the opening of unauthorized customer accounts.

Apollo, Advent Execs Face Legal Peril in Debt-Blacklist Spat

A seemingly technical clash between a bankrupt mattress seller and Apollo Global Management Inc. over debt repayments escalated into accusations of fraud and perjury, after contentious testimony from a private equity executive.

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