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U.S. Investigating Foreign-Exchange Trading at Wells Fargo

U.S. Investigating Foreign-Exchange Trading at Wells Fargo

Federal prosecutors are investigating foreign-exchange trading at Wells Fargo and have subpoenaed information from the firm, which recently fired bankers in that business, according to people familiar with the matter.

Published 2 months ago

Jamie Dimon Made $100 Million Zigging When Markets Zagged

Jamie Dimon Made $100 Million Zigging When Markets Zagged

Looking for a way to make money in bank stocks? Follow James Dimon’s lead.

Published 2 months ago

Alibaba’s Joseph Tsai Buys Into Brooklyn Nets at Record Price

Alibaba’s Joseph Tsai Buys Into Brooklyn Nets at Record Price

The co-founder of the e-commerce giant purchases a minority stake at a $2.3 billion valuation with the right to become the team’s controlling owner.

Published 2 months ago

Catalan Parliament Declares Region Independent From Spain

Catalan Parliament Declares Region Independent From Spain

Catalonia’s parliament declared the region an independent republic, escalating a standoff with Madrid as the Spanish Senate granted the country’s prime minister the power to seize temporary control of the region.

Published 2 months ago

101 Impressive Things to Do Before You Die (At Age 101)

101 Impressive Things to Do Before You Die (At Age 101)

Not just any things. From living in a lighthouse to taming a squirrel, code-cracking to mayonnaise-making, these ideas will keep you busy into your twilight years.

Published 2 months ago

Early Orders for iPhone X Lead to Long Shipping Delays

Early Orders for iPhone X Lead to Long Shipping Delays

Apple opened advanced sales for the iPhone X and early orders pushed estimated shipment dates into December, at least twice the waits for new models a year ago.

Published 2 months ago

Trump Appointee Brings Antiabortion Mission to Immigration Shelters

Trump Appointee Brings Antiabortion Mission to Immigration Shelters

Scott Lloyd has pushed his agency’s policy of blocking abortions for teenagers in its custody, thrusting the administration into a losing legal fight to stop a Central American girl from ending her pregnancy.

Published 2 months ago

U.S. GDP Growth Accelerated to 3% in Third Quarter, Despite Hurricanes

U.S. GDP Growth Accelerated to 3% in Third Quarter, Despite Hurricanes

The U.S. economy grew robustly in the third quarter despite two hurricanes, propelled by steady spending from American businesses and households.

Published 2 months ago

J.C. Penney Shares Plummet on Bleak Outlook

J.C. Penney Shares Plummet on Bleak Outlook

J.C. Penney lost more than a quarter of its market value in premarket trading after the struggling retailer slashed its fiscal-year outlook and warned about weakening sales.

Published 2 months ago

Your Computer May Be Making Bitcoin​ for Hackers

Your Computer May Be Making Bitcoin​ for Hackers

Hackers are commandeering the horsepower of unwitting victims’ computers to secretly generate cryptocurrencies, hoping to cash in as the price of bitcoin has soared to $6,000.

Published 2 months ago

GOP’s Strategy on Tax Plan Raises Concerns of Health-Overhaul Replay

GOP’s Strategy on Tax Plan Raises Concerns of Health-Overhaul Replay

As Republicans push forward to rewrite the tax code, some stakeholders are warning that Senate Majority Leader Mitch McConnell is adopting the same legislative strategy that proved unsuccessful with health care.

Published 2 months ago

5 Things to Watch in the Third-Quarter GDP Report

5 Things to Watch in the Third-Quarter GDP Report

The Commerce Department on Friday releases its initial estimate of gross domestic product in the third quarter, offering a broad snapshot of growth in the world's largest economy.

Published 2 months ago

Tennessee Towns Heighten Security Ahead of White Nationalist Rallies

Tennessee Towns Heighten Security Ahead of White Nationalist Rallies

Law-enforcement officials in Tennessee are gearing up for two white nationalist rallies this Saturday, preparing expansive security measures and calling for community members to avoid the events by groups that marched in Charlottesville.

Published 2 months ago

More ACA Plans to Come With No Premiums in 2018

More ACA Plans to Come With No Premiums in 2018

When sales of Affordable Care Act plans begin Nov. 1, a growing number of consumers around the country will be able to get coverage for 2018 without paying any monthly premium.

Published 2 months ago

Another Sign Europe Is Over Crisis? Its Companies Are Investing at Home Again

Another Sign Europe Is Over Crisis? Its Companies Are Investing at Home Again

As growth takes hold in Europe nearly a decade after the financial crisis, companies are investing in Europe again after spending years chasing growth abroad.

Published 2 months ago