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U.S. charges ex-Wall Street quantitative analyst with insider trading
By Jonathan Stempel NEW YORK (Reuters) - A former Wall Street quantitative analyst was charged on Thursday with insider trading for making nearly 2,900 trades after learning his employer would soon ma...
Syndicated Content Sep 23, 2021
Analysis-Who pays? Lebanon faces tough question in IMF bailout bid
By Tom Perry and Maha El Dahan BEIRUT (Reuters) - In its bid for IMF support, Lebanon must address a question it has evaded since the economy imploded two years ago: how should it distribute the huge ...
Syndicated Content Sep 23, 2021
U.S. household wealth rose to record $141.7 trillion in Q2, Fed says
(Reuters) - U.S. household wealth jumped to a new high of $141.7 trillion at the end of June, a report from the Federal Reserve showed on Thursday, boosted by stock market gains and a pandemic-induced...
Syndicated Content Sep 23, 2021
U.S. Senate panel sets hearing on Russian gas pipeline amid Ukraine concerns
WASHINGTON (Reuters) - The U.S. Senate Foreign Relations Committee scheduled a closed-door hearing on Sept. 29 to discuss Russia's Nord Stream 2 natural gas pipeline, which several lawmakers say could...
Syndicated Content Sep 23, 2021
Remittance processor Remitly valued at over $8 billion after strong market debut
(Reuters) -Shares of Remitly Inc opened more than 23% above their initial public offering (IPO) price in their Nasdaq debut on Thursday, giving the remittance processor a market capitalization of roug...
Syndicated Content Sep 23, 2021
State Department says U.S. envoy to Haiti ‘mischaracterized circumstances’
WASHINGTON (Reuters) - The State Department on Thursday said the resignation of the U.S. special envoy to Haiti was "unfortunate" and defended the Biden administration's policies, saying for the envoy...
Syndicated Content Sep 23, 2021
Blinken says U.S. soon will release new strategy for Indo-Pacific region
WASHINGTON (Reuters) - U.S. Secretary of State Antony Blinken told foreign ministers from the Association of Southeast Asian Nations (ASEAN) on Thursday that Washington would soon release a new compre...
Syndicated Content Sep 23, 2021
Schumer, Pelosi announce revenue deal for Biden’s social agenda
WASHINGTON (Reuters) -The two top Democrats in the U.S. Congress announced a revenue deal on Thursday that they said would pay for President Joe Biden's social spending agenda, marking a major step fo...
Syndicated Content Sep 23, 2021
GE announces biggest acquisition under CEO Culp
By Rajesh Kumar Singh and Abhijith Ganapavaram (Reuters) -General Electric Co on Thursday announced a $1.45 billion cash deal to acquire ultrasound company BK Medical to bolster its medical imaging bu...
Syndicated Content Sep 23, 2021
JPMorgan agrees to pay $15.7 million to settle spoofing lawsuit
By Chris Prentice and Jonathan Stempel WASHINGTON (Reuters) - JPMorgan Chase & Co agreed to pay $15.7 million in cash to settle a class action lawsuit by investors who accused the largest U.S. bank of...
Syndicated Content Sep 23, 2021
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