JPMorgan Chase & Co. compliance staff urged the bank to cut ties with Jeffrey Epstein not just over sex-trafficking allegations but also over money-laundering suspicions, according to a new court filing.
The World Bank arm that provides help to the poorest countries plans more concessional loans and grants to nations facing higher risks of debt distress, a move that could unlock impasses hindering the restructure of billions of dollars of debt held by low-income nations.
(Bloomberg) — Bond traders added to wagers that the Federal Reserve will cut interest rates before the end of this year after a report signaled easing inflation pressures.
Ukrainian President Volodymyr Zelenskiy told a gathering of global finance leaders in Washington that his country needed $14.1 billion immediately for critical reconstruction projects, pleading with officials to use frozen Russian assets to help pay the cost.
International Business Machines Corp. is considering selling its weather business as the company continues to focus on software and cloud services.
Glencore Plc revised its bid to buy Teck Resources Ltd. after some investors in the Canadian miner balked at the idea of owning a business that just produced coal.
Bloomberg retracted a story published April 12 on the trading of Treasury futures ahead of CPI data. The reporting was based on data that was subsequently discovered to be inaccurate. We regret the error.
UK Chancellor of the Exchequer Jeremy Hunt signaled an election may be held as early as spring 2024 by which point he expects the economy to have “turned the corner.”
Federal Reserve officials appear on track to extend their run of interest-rate hikes when they meet next month, shrugging off their advisers’ warning of recession with a bet that they need to do a little more to curb inflation.
California Representative Ro Khanna called for the state’s Senator Dianne Feinstein to resign saying in a tweet that it’s “obvious she can no longer fulfill her duties.”
