The Federal Reserve’s commitment to vanquish inflation is continuing to add volatility to the stock market. Story Published at: December 15, 2022 at 12:57PM Continue Reading…
Wall Street Fears the Fed Could Cause ‘Some Damage’
FTX’s Founder Faces Growing Legal Troubles
The fallen crypto mogul Sam Bankman-Fried plans to fight extradition as charges pile up in what prosecutors called a record financial fraud. Story Published at: December 14, 2022 at 01:14PM Continue Reading…
Sam Bankman-Fried’s ‘House of Cards’ Teeters
Now under arrest, the fallen crypto mogul faces a barrage of charges, including defrauding investors out of billions. Story Published at: December 13, 2022 at 01:21PM Continue Reading…
Elon Musk’s Latest Jab from the Right
The Twitter owner has taken shots at targets like Dr. Anthony Fauci, the nation’s chief immunologist, in moves that may appeal to the right, but not advertisers. Story Published at: December 12, 2022 at 12:53PM Continue Reading…
The Stakes Behind the F.T.C.’s Bid to Block Microsoft’s Big Deal
In seeking to oppose the $69 billion takeover of Activision Blizzard, the agency is hoping to revamp the nation’s antitrust rules — even if it loses. Story Published at: December 9, 2022 at 12:45PM Continue Reading…
The Legal Heat Grows for Bankman-Fried
A federal investigation into whether the FTX founder’s trading firm illicitly manipulated the markets for two crypto tokens compounds his troubles. Story Published at: December 8, 2022 at 01:18PM Continue Reading…
An Activist Investor Takes on BlackRock Over E.S.G.
A hedge fund sees BlackRock’s embrace of E.S.G. principles as a distraction, and it wants the money-management giant’s C.E.O., Laurence Fink, to step down. Story Published at: December 7, 2022 at 12:39PM Continue Reading…
Could Biden’s Climate Agenda Trigger a New Trade War?
The European Union is crying foul over the Inflation Reduction Act, saying the billions in climate subsidies it offers create a trade imbalance. Story Published at: December 6, 2022 at 12:33PM Continue Reading…
Oil Climbs as Western Nations Single Out Russia
Energy traders pushed crude prices higher on Monday following Europe’s embargo of seaborne Russian crude and a price cap by Group of 7 nations went into effect. Story Published at: December 5, 2022 at 12:35PM Continue Reading…
Did You Miss the DealBook Summit?
Business and policy leaders from around the world joined us at our annual newsmaking event last Wednesday. Here’s what happened. Story Published at: December 3, 2022 at 03:02PM Continue Reading…