FINANCE

Citigroup has been fined more than half a billion dollars after CEO Jane Fraser staked her tenure on fixing the bank

A pair of government regulators slapped Citigroup with a $135.6 million fine on Wednesday, saying the bank has made insufficient

FINANCE

Billionaire hedge funder sipped a drink as he was found criminally responsible for $100 billion in shareholder losses

The founder of Archegos Capital Management, a hedge fund that collapsed in 2021, was convicted Wednesday of securities and market

FINANCE

The largest salmonella outbreak tied to raw milk in a decade has sickened people in four states, and 40% of the victims are children

Dozens of salmonella illnesses have been linked to raw milk from a California farm, a far wider outbreak than previously

FINANCE

Inflation will rise whether Trump or Biden wins, economist

Stubbornly high inflation has been showing signs of abating in recent months, but one prominent research firm is betting it’s

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Sullivan & Cromwell will scan new hires for anti-Israel protest activities

For months, some of the most prestigious academic institutions in the U.S. have been battling with students as the war

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Former Indiana Rep. Sean Eberhart gets year in prison after pushing casino bill in exchange for a $350k job

INDIANAPOLIS (AP) — A federal judge on Wednesday sentenced a former Indiana lawmaker accused of pushing a bill favoring a

FINANCE

Astronauts confident in Boeing’s space capsule despite multiple mechanical failures

CAPE CANAVERAL, Fla. (AP) — Two astronauts who should have been back on Earth weeks ago said Wednesday that they’re

FINANCE

Jerome Powell is suddenly bearish on the jobs market and it’s a welcome sign for Wall Street

Federal Reserve Chair Jerome Powell on Wednesday reinforced a message that the Fed is paying growing attention to a slowing

FINANCE

What cognitive tests can show—and what they can’t

Political opponents, armchair pundits and even nervous supporters are demanding that President Joe Biden undergo such testing after his dismal debate performance—even

FINANCE

Grocery inflation might be falling, but consumers are still ‘feeling the burn’ of high food costs

Whatever the official figures have to say about inflation rates, many U.S. families are likely to rely on another source