Bloomberg Business

Federal Reserve officials at their policy meeting in July largely remained concerned that inflation would fail to recede and that further interest-rate increases would be needed. At the same time, cracks in that consensus were also becoming more apparent.

Judges will assess appeal for lawsuit seeking reparations for events that destroyed Black Wall Street in 1921

Dan Och said the deal for Rithm Capital Corp. to buy Sculptor Capital Management “substantially undervalues” the hedge fund firm and “penalizes” all shareholders.

Pressure on US equities and Treasuries ramped up in the final minutes of Wednesday’s session as traders digested hawkish comments from Federal Reserve officials at their last meeting.

Former President Donald Trump and his 18 co-defendants charged in an alleged scheme to steal the 2020 election in Georgia should stand trial starting March 4, the office of Fulton County District Attorney Fani Willis told a judge.

Sacks Parente Golf Inc.’s shares plummeted 85% Wednesday, erasing almost all of the big first-day gains that made it the strongest US stock-market debut of 2023.

A former fundraiser for US Representative George Santos was charged in a federal case with wire fraud and identity theft for allegedly impersonating an aide to House Speaker Kevin McCarthy.

Argentina’s leading presidential candidate Javier Milei pledged to close the nation’s central bank while saying he would make every effort to avoid a default on the country’s sovereign debt if he wins the October vote.