Wall Street brushed off disappointing outlooks from some of the world’s largest technology companies to push stocks higher on speculation of smaller Federal Reserve hikes as inflation shows signs of easing.
US regulators are investigating Elon Musk’s role in shaping Tesla Inc.’s self-driving car claims, the latest effort by watchdogs to scrutinize the actions of the world’s second-richest person.
A Saudi prince is suing a business partnership over $5 million in his purchase of a stake in a lush Bahamian island, the latest of the kingdom’s wealthy royals to turn to Delaware’s Chancery Court to resolve a dispute.
A senior Commodity Futures Trading Commission official says the agency needs the power to approve or reject an unregulated company’s acquisition of a derivatives exchange.
On Twitter, Elon Musk is a right-leaning, irreverent firebrand. In Washington, he’s a smooth political operator who knows his way around power.
Colombia’s central bank slowed the pace of monetary tightening and signaled that interest rate rises are nearing an end as the economy’s growth outlook dims.
Chicago Mayor Lori Lightfoot is highlighting her administration’s record of credit rating upgrades, higher pension contributions and other financial strides made over the last four years as she seeks a second term next month.
Anthony Scaramucci’s SkyBridge Capital lost 39% last year in its biggest fund after wrong-way bets on cryptocurrencies and now-bankrupt FTX, spurring investors to ask the firm to return more than half of their money.
A class-action lawsuit has been brought against Argo Blockchain Plc, accusing the British Bitcoin miner of misleading investors during its US initial public offering in 2021.
New York taxpayers must foot the bill for former Governor Andrew Cuomo’s legal defense in a civil suit filed by a onetime member of his security detail who accused him of sexual harassment, a judge ruled.
