Bloomberg Business

SEC Says Citadel Securities Broke Short-Sale Labeling Rules

(Bloomberg) — Citadel Securities broke rules for labeling short sales and may have incorrectly marked millions of trade orders over a five-year span, according to the Securities and Exchange Commission.   

Bolsonaro Denies Reports of Holding Post-Election Coup Talks

Attorneys of Jair Bolsonaro denied reports published in local news outlets that Brazil’s former president met with top military brass to discuss the armed forces overturning the results of last year’s election.

Nigeria Names Acting Central Banker With Battered Naira in Focus

Nigerians’ stampede for dollars showed no sign of abating on Friday, with the naira falling to another record low even as the central bank announced newly nominated Governor Olayemi Cardoso will take over in an acting capacity.

Fed’s Bowman Signals She Favors More Than One Further Rate Hike

(Bloomberg) — Federal Reserve Governor Michelle Bowman signaled that she favors raising interest rates again and probably more than once, suggesting she would move more aggressively than her US central bank colleagues to quash inflation. 

US Government Ordered to Expand Gulf of Mexico Oil Auction

A federal judge ordered the Biden administration to expand next week’s Gulf of Mexico oil lease sale, saying officials appear to have weaponized the Endangered Species Act by yanking 6 million acres off the auction block.

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