Oct 14, 2026 | Markets
Bank of America Corp.’s biggest regulatory fine in the past decade is driving one of its worst earnings days in recent years. Issues with its money-laundering and sanctions controls culminated this week with $1.21 billion of fines — the biggest penalty ever levied by...
Oct 12, 2026 | Markets
BlackRock Inc.’s research unit has turned more bullish US Treasuries, unwinding a “mainstay” underweight stance for most of the past six years, as yields climbed to the highest levels in more than two decades. The BlackRock Investment Institute upgraded short-term...
Oct 12, 2026 | Markets
A barrage of drone and missile attacks on Saudi Arabia has intensified pressure on Washington to step up efforts to help its close ally battle Iran-backed Houthi militants in neighboring Yemen. The devastating Houthi strikes on Riyadh’s main airport over the weekend...
Oct 11, 2026 | Markets
Americans have been relentlessly spending their paychecks despite rising prices, buying pickup trucks with diesel near record highs and steak dinners even as the cost of beef soars. This is great news — until it isn’t. While retail sales and personal consumption...
Oct 9, 2026 | Markets
Guggenheim Partners investors pulled $2.4 billion from its four largest mutual funds in September after reports that federal authorities are probing Chief Executive Officer Mark Walter’s business dealings. The redemptions include $1.8 billion from Guggenheim Total...
Oct 9, 2026 | Markets
TypeSafe AI, the startup behind Jev, a new artificial intelligence model that went viral after it launched only a few weeks ago, has raised about $870 million at a $7.5 billion valuation in a financing led by Andreessen Horowitz. The deal came together just weeks...
