Tag Archives: ahead

Bloomberg Credit Suisse Executives Under Scrutiny for Serial Miscues (Bloomberg) — Credit Suisse Group AG is still tallying the losses from its relationship to Lex Greensill and Bill Hwang’s Archegos Capital Management. But attention is likely to soon turn to accountability for a management team stung by serial fiascos. The bank has reactivated a special crisis committee — led by Chairman Urs Rohner and the heads of the audit and risk committees — to oversee the issues surrounding Credit… Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, March 29, 2021 Wall Street pros see gains, but modest gains With the S&P 500 (^GSPC) closing at an all-time high on Friday and the first quarter coming to a close this week, investors and traders are asking where the stock market is headed next. Though, when are they not? Overall, the tone on Wall Street is a modestly bullish one thanks to bullish expectations for the economy. At Barclays,… Source link

Bloomberg Biden Team Boosts Effort to Shield Power Grid From Hackers (Bloomberg) — The Biden administration is escalating efforts to safeguard the U.S. power grid from hackers, developing a plan to better coordinate with industry to counter threats and respond to cyber attacks, according to people familiar with the matter.Top administration officials, including Energy Secretary Jennifer Granholm and Deputy National Security Adviser Anne Neuberger, briefed top utility industry executives on… Source link

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. EXCLUSIVE: The National Cybersecurity Center and Google on Monday are launching a training program for state lawmakers and their staff in all 50 states to best prepare them for cyber threats ahead of the 2022 midterm elections, FOX Business has learned. The initiative, Cybersecurity for State Leaders, will include nonpartisan trainings intended to prepare lawmakers and statehouse staff “to be vigilant… Source link

undefined Traders are heading into a packed week of economic reports, with a surfeit of new information on the state of the U.S. labor market set to be released. One of the most closely watched prints will be Friday’s March jobs report from the Labor Department. Equity investors will have a couple of days to digest the results, however, as the stock market will be closed on Friday in observance of Good Friday. The March jobs report is expected to be the first this year to show meaningful… Source link

Stock futures opened slightly higher Tuesday morning as investors awaited a key monetary policy decision and updated economic outlook from the Federal Reserve.  Earlier during the regular session, the S&P 500 and Dow each ended lower to retreat from record closing highs notched earlier this week. The S&P 500’s loss was its first in five days. The Nasdaq ended marginally higher as technology stocks outperformed. The CBOE Volatility Index, or VIX, fell to a pandemic-era low of 19.3, or the… Source link

One year ago today, the World Health Organization (WHO) declared Covid-19 a pandemic, the first caused by a coronavirus. As we enter year two of the pandemic, let’s remind ourselves of some sobering statistics. So far, there have been more than 117.4 million confirmed cases of Covid-19 around the world; more than 2.6 million people have died. A total of 221 countries and territories have been affected. Some 12 of the 14 countries and territories reporting no cases are small Pacific or Atlantic… Source link

Prince Harry and Meghan Markle will sit down with Oprah Winfrey for a tell-air special airing this Sunday on CBS, offering a look at the couple’s life one year since leaving the royal family. The couple’s polarizing departure from the House of Windsor had a significant impact on their finances, which stand to see a windfall from various business ventures. Jointly, the couple is currently worth $10 million, according to Forbes, with a sizable portion lying in the equity of their nearly $15… Source link

This week, investors will be eyeing new inflation data, which will offer a look at whether prices have already begun to creep up as some have feared ahead of a major economic reopening. A highly anticipated direct listing for the video game company Roblox is also on deck. On Wednesday, the Labor Department will release its monthly Consumer Price Index (CPI), which tracks changes in prices for consumers across a broad basket of goods and services. Consensus economists anticipate that the CPI… Source link

Traders were left disappointed last night after Federal Reserve chair Jerome Powell did not indicate that the Fed might step up purchases of long-term bonds to hold down longer-term interest rates. Photo: Getty European stocks mostly fell on Friday amid fears of a rise in interest rates and a continued rotation out of growth stocks into the likes of industrials. The FTSE 100 (^FTSE) fell sharply after opening but recovered losses by mid-morning thanks to a steep fall in the pound. London’s… Source link