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2 mins read

The Fed fueled the banking turmoil and should've seen it coming, says famed short-seller Carson Block

"The risks were right under the noses of the Fed," the Muddy Waters Research founder told Bloomberg…

George Glover   


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1 min read

Shares in a big Chinese investment bank plunge 20% after its billionaire founder goes missing

The rock star dealmaker's vanishing comes after Chinese authorities launched an investigation into …

Zahra Tayeb   


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1 min read

The Chinese billionaire CEO whose disappearance rocked his bank's stock is 'cooperating' with a government probe, his firm says

Rock star dealmaker Bao Fan is "cooperating in an investigation", according to his firm China Renai…

Zinya Salfiti   


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4 banks have collapsed in less than a month. Here's what Jerome Powell, Nouriel Roubini, Elon Musk and others are saying about the turmoil.

Deutsche Bank is the latest to spark concern, and it follows the recent collapses of Silvergate, Si…

Phil Rosen   


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Bank of America beats 3rd-quarter profit estimates, lifted by record-high advisory fees and a $1.1 billion reserve release

The banking group's quarterly net income rose 58% to $7.7 billion, or 85 cents per share, which top…

Shalini Nagarajan   


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3 mins read

Footprints In The Mud Of Time Indicate Early Humans Treaded European Shores

In case you are curious, let us tell you these foot sizes match the modern shoe sizes of 7 or 8 in …

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1 min read

NQ CEO: Muddy Waters' Accusation Of Fraud Is 'Nonsense'

Kahn, on the phone with Bloomberg TV, said he was very busy "responding to this nonsense." The comp…

Linette Lopez   


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1 min read

Bank of England ends the year by leaving rates unchanged

Meeting less than 24 hours after the US Federal Reserve raised rates for the fourth time in 2018, t…

Will Martin   


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5 mins read

A bank account for your side hustle might seem like overkill, but it's a smart move you'll be glad you made

Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…

Eric Rosenberg   


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4 mins read

Santander's landmark decision to not pay off a bond could have a major impact on the $140 billion market for risky bank debt

Generally, banks pay back such bonds in order to maintain their good reputations. Investors are wil…

Callum Burroughs   


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3 mins read

The boss of Britain's banking lobby thinks Brexit is like playing 'four-dimensional chess'

"But businesses can't wait to the last minute. It takes years to move operations. Banks might hope …

Will Martin   


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2 mins read

3 post-election reasons why stocks will rise into year-end, Goldman says

The S&P 500 will continue to rally into through the end of the year as Trump's victory ends a perio…

Filip De Mott   


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4 mins read

Laila Maidan   


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4 mins read

Why economists and strategists still say a recession is postponed, despite a startling inflation report

Contradictory messages about inflation and the labor market have investors on guard. Here's why con…

James Faris   


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1 min read

Why the US isn't facing a stagflation threat even as growth slows, according to BofA

The firm says inflation is being driven by a strong consumer, which makes the current situation les…

Filip De Mott   


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2 mins read

A massive earthquake may have instantly changed the course of Ganga 2,500 years ago — and it could happen again

Typically, rivers can change course over years or decades due to sediment buildup, but an earthquak…

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2 mins read

Harry Styles' childhood village is looking for superfans to give tours, covering his first kiss and the time he took Taylor Swift to dinner

Sites on the tour of Holmes Chapel include where Harry Styles took Taylor Swift for a Chinese meal,…

Joshua Zitser   


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6 mins read

All eyes are on Jackson Hole for clues about the size of September's rate cut

Rate cuts are a lock for the Fed's next meeting in September. But instead of wondering if they'll c…

Dan DeFrancesco   


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3 mins read

Biden's move to send $1 billion in weapons to Israel could backfire

It comes days after the US withheld a shipment of bombs to Israel amid concerns over a major milita…

Mikhaila Friel,Tom Porter   


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5 mins read

Social media has gotten so bad that America's top doctor is intervening

The labels would require congressional approval. And Murthy's comparison to cigarette warnings migh…

Dan DeFrancesco