JPMorgan Funds Seized in Russia in Legal Fight with State-Owned Bank Over Sanctions
JPMorgan Funds Seized in Russia in Legal Fight with State-Owned Bank Over Sanctions
Sung Kook "Bill" Hwang tried to trick all of Wall Street, a federal prosecutor told a Manhattan federal jury, as the trial on charges stemming from the 2021 collapse of Hwang's $36 billion fund Archegos Capital Management began on Monday. Prosecutors have alleged that Hwang and Archegos lied to Wall Street banks to secure billions of dollars of funding that they then used to inflate stock prices. Former Archegos Chief Financial Officer Patrick Halligan, who is also on trial, enabled the scheme, they claim.
The court may be poised to limit the leeway courts give to federal agencies like the Federal Energy Regulatory Commission when interpreting ambiguous laws and to require changes to how it handles market manipulation cases.
In a hearing on Friday as part of the ongoing legal battle with Epic, Apple said only 38 developers have applied to add links to external payment options — out of roughly 65,000 that could, according to Bloomberg.
These three low-volatility, dividend-growth stocks offer the potential to rebound while trading near decade-low valuations.
Investors are not convinced that this cheap stock is safe from the rising effectiveness of artificial intelligence.
According to a report released on May 9, 2024, the number of properties classified as seriously underwater is ticking up, with southern states bearing the brunt of the phenomenon. One in 37 homes with mortgages was considered seriously underwater during the first quarter, according to real estate data provider ATTOM's 2024 U.S. Home Equity & Underwater Report. That's up from one in 38 homes during the fourth quarter of last year. A mortgage is considered seriously underwater when the estimated l
The chipmaker's new GB200 platform could transform its medium-term revenue growth, according to Wall Street analysts.
China has only a toehold in the U.S. electric vehicle market, and this toe may now get squashed.
The man credited with igniting the 2021 meme stock rally has posted his first social media message in nearly three years.
Did lawmakers really pilfer Social Security's piggy bank? Here's the truth.