Month: September 2020

JPMorgan Chase is close to paying almost $1 billion to resolve government investigations into the alleged manipulation of metal and Treasuries markets, according to a person with knowledge of the matter, CNBC reported. A settlement […]

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Investors slashed $50 billion from Tesla’s market value on Tuesday despite CEO Elon Musk’s promise to cut electric vehicle costs so radically that a $25,000 car that drives itself will be possible, but not for at […]

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U.S. Federal Reserve Chair Jerome Powell on Tuesday makes the first of three appearances on Capitol Hill this week to address lawmakers’ questions and concerns about the raft of emergency measures the central bank has […]

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Investors are bracing for an extended period of market volatility as worries over a potential resurgence in coronavirus cases and political uncertainty roil stocks, Reuters reported. The Cboe Volatility Index, known as “Wall Street’s fear […]

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President Donald Trump on Monday said he was rebuffed when he asked officials to adjust the exchange rate of the dollar to counteract what he described as repeated currency manipulation by China of its yuan, […]

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U.S. stock futures fell sharply early Monday, as uncertainty over the future of the U.S. Supreme Court and the possibility of additional stimulus rattled investors, CNBC reported. Dow Jones Industrial Average futures indicated an opening […]

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Germany’s largest lender Deutsche Bank appears to have facilitated more than half of the leaked $2 trillion of suspicious transactions that were flagged to the U.S. government over nearly two decades, reported German broadcaster Deutsche […]

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