By Echo Wang (Reuters) – Wall Street closed lower on Friday after a report of slowing U.S. labor market growth, […]
Mexico walks back faster bond payoff for canceled airport
By Kylie Madry MEXICO CITY (Reuters) – The Mexican government is no longer planning on moving up the timeline to […]
Exclusive-UBS nears major investment bank restructuring -sources
By Abigail Summerville, Milana Vinn and David Carnevali NEW YORK (Reuters) – UBS Group AG is poised to make sweeping […]
Founder of bankrupt crypto lender Celsius must face NY fraud lawsuit
By Jonathan Stempel NEW YORK (Reuters) -Alex Mashinsky, the founder and former chief of the now-bankrupt cryptocurrency lender Celsius Network, […]
Inflation report, bond yields in focus as U.S. stocks rally pauses
By Carolina Mandl NEW YORK (Reuters) – A highly awaited inflation report and elevated bond yields offer the latest test […]
US fines Canoo $1.5 million over revenue projection reporting
By Jody Godoy (Reuters) – The U.S. Securities and Exchange Commission fined electric vehicle company Canoo Inc $1.5 million on […]
Hedge funds turn bearish again as yields spike
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds increased their bets that stocks will fall in a week […]
Nikola shares plummet 26% as electric truck maker names 4th CEO in 4 years
By Akash Sriram and Abhirup Roy (Reuters) -Nikola lost more than a quarter of its market value on Friday after […]
GM vows to boost jobs next year despite EV shift
By David Shepardson (Reuters) – General Motors said Friday it plans to boost employment next year despite concerns raised by […]
Russia says JPMorgan stops processing its grain payments
By Michelle Nichols UNITED NATIONS (Reuters) -U.S. bank JPMorgan this week stopped processingpayments for the Russian Agricultural Bank, Russia said […]