President Kamala Harris? Dems on Wall Street betting on it
Reports of the death of Kamala Harris’ political career have been greatly exaggerated, Wall Street donors told On The Money. While it may sound far...
GOP’s FTC hopefuls lack experience on on antitrust issues
A pair of Republicans who are front runners to fill vacancies at the Federal Trade Commission lack experience when it comes to antitrust — the...
General Electric stock soars on aviation business forecast
General Electric forecast revenue at its cash-cow aviation business to grow by at least low-double digits through 2025, sending its shares to levels not seen since 2018...
Ex-Goldman banker Roger Ng gets 10 years for helping steal
A “Wolf of Wall Street” will spend the next decade in a federal pen. Former Goldman Sachs banker Roger Ng was sentenced to 10 years in prison on...
Confidence in US housing market approaches an all-time low
Consumer confidence in the US housing market approached an all-time low in February as buyers and sellers contend with a fresh spike in mortgage rates...
Yeti recalls 1.9M coolers and cases for magnet hazard
US product regulators said Thursday that Yeti has recalled 1.9 million coolers and gear cases because magnets can come detached from them, posing a risk...
WWE reportedly wants to offer betting on scripted match results — here’s how
Vince McMahon wants fans of professional wrestling to wager real money on the outcome of the predetermined matches. The controversial WWE boss — who stepped...
Jobless claims surpass 200,000 to 5-month high
The number of Americans applying for unemployment benefits last week jumped by the most in five months, but layoffs remain historically low as the labor...
GM offers salaried employee buyouts, sees up to $1.5B charge
General Motors on Thursday said it was offering buyouts for most of its salaried employees and global executives and expects to take a pre-tax charge of up to $1.5...
JPMorgan sues ex-exec Jes Staley over Jeffrey Epstein ties
JPMorgan Chase is suing a former executive at the bank who is alleged to have “personally observed” convicted pedophile Jeffrey Epstein assault a sex trafficking...