Finance

UK fines bank over mistake that triggered 2022 market crash

Finance
It’s officially one of the costliest typos ever: UK financial regulators just fined Citigroup Global Markets Limited (CGML) $79 million for a “fat-finger”...

EU’s $47bn trade surplus over U.S. is a new record high—expect it to get bigger

Finance
Friends who trade together, stay together. That’s the mantra that seems to increasingly dictate global trading dynamics, to the benefit of the resurgent...

With summer road trips fast approaching, Biden seeks to lower gas prices

Finance
The Biden administration said Tuesday it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a...

Formula 1 wants Monaco to shell out more to host opulent Grand Prix

Finance
Liberty Media Corp., owner of the Formula 1 racing business, is seeking additional funds from the principality of Monaco as part of advanced...

Jamie Dimon lists global economy’s red flags as retirement looms

Finance
Jamie Dimon caught all of Wall Street’s attention on Monday. In a series of public remarks made at JPMorgan Chase’s Investor Day, Dimon...

Biden and Trump united on heavy import tariffs as election approaches

Finance
As president, Donald Trump imposed a 25% tariff on foreign steel, which hurt Clips & Clamps Industries, a Michigan auto supplier — raising its...

Hims 85% Wegovy and Ozempic discount is latest step on a journey to make medicine less ‘paternalistic,’ exec says

Finance
Traditional medical practices are getting a lift from newcomers seeking to fill gaps in what health industry executives described Monday as a lagging...

Where web developers are commanding the biggest salaries

Finance
For the past two or three decades, web development has been a growth industry—and one in which millions of people have been able...

Goldman Sachs head of strategy Mintzberg to replace Sonnenshein as Grayscale CEO

Finance
The chief executive officer of the world’s largest cryptocurrency asset manager is stepping down. After 10 years at Grayscale, Michael Sonnenshein will be...

Airbnb CEO Brian Chesky said Sydney Sweeney’s SNL skit didn’t ‘sting’

Finance
They say there’s no such thing as bad press, and Airbnb CEO Brian Chesky is proving the point by insisting a ‘Saturday Night...

China’s EV makers are having more trouble paying their bills and now take 2 to 3 times longer than Tesla does

Finance
The time it’s taking for some of China’s electric-car makers to pay suppliers is ballooning — a further sign of stress in the...

The ship that destroyed Baltimore’s Francis Scott Key Bridge will be escorted by up to 5 tugboats as it’s moved to a nearby dock

Finance
Eighteen hours of preparations start Sunday to refloat the ship that destroyed Baltimore’s Francis Scott Key Bridge and move it to a nearby...
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