The alleged ‘sweeping betrayal of trust’ that rocked Zions bank and spooked Wall Street
Zions Bancorporation lost $1 billion of its valuation in a single day on Thursday after disclosing $60 million worth of…
Category: Economy
As Anthropic tries to keep pace with OpenAI, it’s also taking on the U.S. government
David Sacks, the White House AI and crypto czar, has been publicly critical of Anthropic, which is chasing OpenAI in…
Proxy advisor ISS recommends Tesla shareholders oppose Elon Musk $1 trillion pay plan
Institutional Shareholder Services recommended Tesla investors vote against a pay plan for CEO Elon Musk that would grant him nearly $1…
Moody’s says the banking system, private credit markets are sound despite worries over bad loans
Marc Pinto, the agency's head of global private credit, acknowledged in a CNBC interview that there are concerns over loose…
‘The tide went out’: How a string of bad loans has bank investors hunting for hidden risks
Investors are focused on a specific type of lending made by banks to non-depository financial institutions, or NDFIs, as the…
Trump commutes prison sentence of ex-GOP Rep. George Santos
Trump said he began thinking about Santos after being reminded of a controversy about Democratic Sen. Richard Blumenthal's military service…
Army Corps of Engineers pausing $11 billion in projects over shutdown, Trump budget chief says
President Donald Trump and OMB Director Russell Vought have described the government shutdown as an "opportunity" to slash the federal…
China accuses U.S. of deliberately causing panic over rare earth controls, says it is open to talks
Beijing last week announced sweeping controls on rare earths ahead of an expected meeting between President Donald Trump and President…
