Stocks jumped Friday after the latest nonfarm payrolls data came in better than expected, easing concern the economy faces an imminent slowdown.
James Franey | 15:47
JPMorgan threatens to fire job-hopping junior bankers as battle for Wall Street talent heats up - New York Post
A leaked letter sent to its newly recruited analysts warns them that if they already have a lucrative gig lined up elsewhere, they will be booted out of the bank.
no author | 14:00
Speech by Governor Bowman on a fresh look at supervision and regulation - Federal Reserve Board (.gov)
It is a pleasure to join you today for my first public remarks as the Federal Reserve Board's Vice Chair for Supervision. 1 Today, I will describe my appr
Catherine Baab | 14:00
Tesla stock short-sellers raked in $4 billion as Elon Musk and Trump broke up - Quartz
Volume spiked to levels last seen in 2020’s S&P inclusion, as big money appeared to head for the exits amid the possibility of renewed legal threats
Ella Nilsen | 13:59
The Trump admin ordered a coal power plant to stay on past retirement. Customers in 15 states will foot the bill - CNN
An aging coal power plant slated to shutter will run through the summer at the order of Energy Sec. Chris Wright, a decision that could cost Midwest energy customers tens of millions of dollars.
Kevin Breuninger, Jeff Cox | 13:53
Trump presses Powell for a full-point interest rate cut despite strong jobs report - CNBC
President Donald Trump told "Too Late" Fed Chair Jerome Powell after the latest jobs report that he could raise rates again if inflation flared back up.
Bastian Benrath-Wright, Noele Illien | 13:06
UBS Faces $26 Billion Capital Demand From Swiss Bank Reforms - Bloomberg
UBS Group AG said it would examine steps to mitigate the effects of the Swiss government’s proposal for as much as $26 billion in fresh capital requirements, calling the demand “extreme” and vowing to continue its push to dilute the regulations.