Mohamed El-Erian on Fitch’s US debt downgrade: 'Why now?'
Fitch Ratings’ downgrade of US government debt has economists and investors puzzling over timing.
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Summers, El-Erian Pile Criticism on Fitch Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision to downgrade the US.
China Watchdog Asks Brokers for Advice on Boosting Stocks
China’s markets regulator has consulted securities firms for possible measures to boost stocks amid signs Beijing seeking restore investor confidence.
Bill Hwang Seeks Evidence From Banks ‘Pivotal’ in Archegos Collapse
Archegos Capital Management’s Bill Hwang asked judge in his criminal fraud case to let him demand evidence from Credit Suisse Group AG, Goldman Sachs.
California Man Hid Mother’s Death for More Than 30 Years to Collect Benefits
Donald Felix Zampach collected over $830,000 in his mother’s social security and military retirement payments.
Billionaire Leon Black is Accused in Lawsuit of Raping Autistic Girl
Billionaire investor Leon Black was sued on Tuesday by an autistic woman who says he raped her in the disgraced financier Jeffrey Epstein's mansion.
Banks Must Face Class Action Over Forex Rigging, UK Judge Rules
Banks including JPMorgan Chase & Co, Barclays Plc and Citigroup Inc will face a class action suit over allegations of foreign exchange manipulation.
