Bloomberg Business

JPMorgan, Deutsche Judge Explains Why Epstein Suits May Proceed

The judge overseeing lawsuits alleging JPMorgan Chase & Co. and Deutsche Bank AG knowingly benefited from Jeffrey Epstein’s sex trafficking operation explained his reasoning behind allowing some claims to proceed but dismissing several others.

S. Korea Inflation Slows, Creating Room for Potential Pivot

South Korea’s inflation slowed for a third straight month in April, providing more evidence for the central bank that price pressures are easing and potentially creating room for a pivot toward interest rate cuts.

Stagflation Is the Risk That Eludes Investors Mispricing Markets

Financial markets are caught up in a tug of war between lingering inflation and concern about a recession as they try to guess the next move by the Federal Reserve. That means investors are potentially ignoring a far more dangerous outcome: stagflation.

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