Jerome H. Powell, the Federal Reserve chair, thinks his central bank can defy history to clinch slower inflation and a soft economic landing. » mehr lesen
Fears are growing that the Communist Party’s increasing focus on control over information about markets and companies is behind the questioning of firms. » mehr lesen
Can you tell the difference between a $10,000 Chanel bag and a $200 knockoff? Almost nobody can, and it’s turning luxury fashion upside down. » mehr lesen
Did Hans Niemann secretly use a supercomputer to beat the world champion Magnus Carlsen? The International Chess Federation won’t say until October, at the earliest. » mehr lesen
Hired to help with a capital raise, Goldman Sachs advised SVB to make a move that provoked a public panic and ended with the smaller bank collapsing. » mehr lesen
Letitia James of New York and Rob Bonta of California opened a joint investigation of the league a year after The Times reported female workers’ claims of workplace discrimination and pay inequity....
The lender released a statement overnight saying it was planning to sell a $2.7 billion loan portfolio and had been approached by potential “partners and investors.” » mehr lesen