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Federal Reserve Chair Kevin Warsh speaking at a podium during an international finance conference
Finance · · Benjamin

Warsh Won’t Signal October Fed Move as Markets Price a Hold

Federal Reserve Chair Kevin Warsh used a Friday appearance at the IMF-World Bank annual meetings in Bangkok to refuse any steer on the central bank's next rate move, lea…

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Stocks ·

Morgan Stanley Q3 profit up 6.5% as equities trading beats estimates by $909M

Morgan Stanley beat Wall Street expectations in the third quarter, helped by a 41% jump in equities trading r…

Business ·

Bank of America Profit Falls 17% on $1.2 Billion Penalty

Bank of America absorbed a $1.2 billion penalty from U.S. regulators in the third quarter, dragging net profi…

Finance ·

US Inflation Hits 3.7% in Final Report Before Midterms

US consumer prices rose 3.7% in the 12 months to September, the fastest pace since the spring ahead of next m…

Crypto ·

UK Trader Seeks 324.8 BTC From BitMEX Over 1,053 Losing Trades

Lewis Barber seeks 324.8 BTC from BitMEX operator HDR Global over 1,053 losing trades, arguing the exchange l…

Stocks ·

Crowded AI Trade Pushes Retail Toward Semiconductor ETFs

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Business ·

JPMorgan Q3 Profit Misses Estimates as Dimon Warns on Inflation

JPMorgan's Q3 net income hit $15.4bn, missing the $16.3bn expected, as CEO Jamie Dimon flagged fiscal deficit…

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