Billionaire hedge fund manager Bill Ackman made an impassioned plea for a depositor backstop in a tweet Wednesday.
Virgin Islands issued subpoena to Google co-founder Larry Page in lawsuit against JPMorgan Chase over Jeffrey Epstein
The U.S. Virgin Islands is suing JPMorgan Chase for alleged complicity in sex trafficking by Jeffrey Epstein.
Ed Sheeran didn’t steal from Marvin Gaye’s ‘Let’s Get It On,’ jury rules
Pop star Ed Sheeran didn’t commit copyright infringement with his 2014 hit “Thinking Out Loud,” a jury decided.
Berkshire Hathaway is outperforming during turmoil, but Warren Buffett’s favorite child Geico is in trouble
Geico, the crown jewel of Berkshire’s insurance empire, has found itself in trouble recently after losing market share to its best competitor Progressive.
Cathie Wood says the credit crunch is going to get much more serious than most are expecting
Cathie Wood thinks a credit crunch is underway, and it’s going to get much worse from here.
Trump attorneys will seek to move criminal hush money case to federal court
Former President Trump’s attorneys have called the proposed protection order an “extremely restrictive” effort that infringes on his First Amendment rights.
66% of renters say homeownership is ‘hopeless’—here’s how they’d rather spend their money
Most renters are focused on saving for retirement savings or paying off debt rather than buying a house.
J&J’s consumer-health spinoff Kenvue jumps 22% in public market debut
Kenvue’s debut is the biggest U.S. IPO since EV maker Rivian went public in 2021.
Investing in Space: Viasat launch adds power and flexibility in satellite broadband competition
Viasat took a big step toward satellite staying power last weekend, as the long-awaited launch of the first of the ViaSat-3 trio.
Analysts warn regional bank stocks are in a ‘negative feedback loop’ and detached from fundamentals
Deposit updates were not enough to reassure Wall Street analysts about the health of regional banks.