Tens of thousands of Brazilian workers have taken the latest hit in the multi-billion dollar corruption scandal involving state oil company Petrobras. As Grace Pascoe reports there's been a wave of job losses since November follows intensifying probes into price-fixing, bribery and political kickbacks.
Futures fell on reports of Iran explosions: The market power trend is about to end. Netflix gave weak guidance.
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
(Bloomberg) -- Global markets were rocked by fresh conflict in the Middle East that sent stocks lower while oil and haven assets including Treasures and the dollar rallied.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingIsrael Launches Retaliatory Strike on Iran, US Officials SaySingapore Loses ‘World’s Best Airport’ Crown to QatarGains for Treasuries sent the 10-year yield as much a
Trump Media is advising investors on ways to prevent their shares from being loaned for a short-interest position.
Escalation in the Middle East has rounded out a rough week for financial markets. Barring a reversal, world stocks are set to log their sharpest weekly drop since September and the dollar is at year-to-date highs. Even before Asian markets turned decisively risk averse on reports of explosions in Iran, and an Israeli strike, investors were rattled by disappointing results and hawkish Fedspeak.
Wall Street's most-prominent stock-split stock of 2024 has been purchased on three separate occasions by a lawmaker who completed over 4,200 trades last year.
The insurer was accused by a short-seller of "extensive" fraud.
Her flagship Ark Innovation ETF has lost 18% this year.
In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon's J.P Morgan Chase & Co. (NYSE:JPM). In advance of the crisis, Jamie Dimon realized that "underwriting standards were deteriorating across the industry," with late payments on subprime loans rising. In late 2006, the bank led his firm to exit Wall Street's hot subprime business, starting with a frantic call made to J.P. Morgan's vacationing Chief of Securitized Products where he said, "I really want you to w
An FAQ on the Truth Social owner’s website gave stockholders multiple ways to avoid their shares being lent to short sellers.