Bloomberg Business

The S&P 500 is technically still mired in a bear market, but a closer look below the surface shows that most of its stocks are in the midst of a big rally.

Credit Suisse is planning to cut more than 10% of its European investment bankers this year, adding to hundreds of job losses in London and Zurich, the Financial Times newspaper reported, citing people with knowledge of the plans.

Before FTX Co-Founder Sam Bankman-Fried made the Bahamas synonymous with the crypto crash, the country was known as a pioneer of digital fiat.

Coastal residents the world over could live without hurricanes and typhoons, New Yorkers could get to work and live quite nicely without nor’easters, but it’s hard to imagine life continuing in California without atmospheric rivers.

Just as investors are celebrating the prospect of peak inflation and potential for a soft landing, this earnings season is likely to show there’s still plenty that should keep them up at night.

GOP allies say party is writing off younger voters as a ‘lost cause’

UBS Group AG doesn’t plan acquisitions in the US “in the foreseeable future” and has no intention to buy Credit Suisse Group AG, the bank’s chairman Colm Kelleher told Swiss newspaper Neue Zuercher Zeitung.

US Treasury Secretary Janet Yellen departs Tuesday to visit three African countries central to President Joe Biden’s strategy to rejuvenate ties on the continent and counter China’s influence across the developing world.