Articles

‘Is he trying to launder money?’ I loaned a friend $30,000. Now he wants to pay me back using an offshore account. 

“Am I asking for trouble?”

A Citi trader intending to sell $58 million of shares ended up selling $1.4 billion. Now the bank has been fined.

Trading incidents including one where Citigroup executed $1.4 billion of sell orders when intending to sell $58 million of shares led British regulators on Tuesday to fine the bank over trading controls.

The 2025 Lincoln Aviator is plush, comfortable and loaded with tech. Welcome to the palace.

The 2025 Lincoln Aviator midsize luxury SUV brings comfort and technology to the forefront, backed up by a powerful engine.

Formula One driver Jenson Button just sold this chic, organic Calabasas home for $7.6 million

Check out the incredible design of this sprawling, 8,368-square-foot mansion on 2.3-acres in Southern California.

Even a fender-bender can now cost thousands of dollars to repair, here’s why

The sensitive electronics in most cars are costly to repair, and those costs have also helped push car insurance rates to new highs.

Biden administration approves $7.7 billion in student-debt relief for 160,500 borrowers

More than 160,000 borrowers will have $7.7 billion in student debt cancelled, the Biden administration announced Wednesday.

Hedge funds cut stakes in Magnificent Seven to invest in broader AI boom

Money managers invested in utility companies, chip makers, and technology firms that could benefit from the growth of the AI sector, Goldman Sachs analysis shows

Treasury yields rise ahead of Fed minutes and after sticky U.K. inflation data

Bond yields rose early Wednesday as investors eyed minutes from the Federal Reserve’s May meeting and higher-than-expected U.K. inflation reminded the market of stubborn price pressures in developed economies

Intel and AMD take a backset as Qualcomm plays starring role in Microsoft’s AI PCs

When Microsoft Corp. unveiled a line of PCs and software this week designed to make the most of the artificial-intelligence revolution, it showcased a main processing chip — but it wasn’t from the software giant’s usual chip partner.

Fresh optimism over ether ETF approval could send prices to new highs. Here’s what it means for other cryptos.

It seems more likely that a spot ether exchange-traded fund could arrive as early as this week amid a sudden change of stance by the U.S. Securities and Exchange Commission.

The stock market has already chosen a winner in the 2024 presidential election

‘It’s the stock market, stupid!’ Dow Jones Industrial Average is a surprisingly reliable election predictor.

Urban Outfitters shares rally as Anthropologie, Free People continue to lift results

Shares of Urban Outfitters Inc. raced higher after hours on Tuesday after the clothing retailer reported first-quarter results that beat expectations.
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