Key Points President Joe Biden applauded the overthrow of Syria’s dictatorship in remarks Sunday but warned of uncertainty during the country’s political transition. “This is a moment of historic opportunity for the long-suffering people of Syria to build a better future for their proud country,” he said from the Roosevelt Room of the White House. […]

Key Points LISBON, Portugal – Fintech unicorns are in no rush to go public after buy now, pay later firm Klarna filed for a U.S. initial public offering, but they are watching for signs when the market will open again. . Last week, Klarna made a confidential filing to go public in the US, ending […]

Key Points Many large American companies have seen their stocks rise since the presidential election. The 10 Best Performing Stocks in the S&P 500 Indexposted returns of 18% or more since Election Day, according to data provided by S&P Global Market Intelligence, which analyzed returns based on closing prices from Nov. 5 to Nov. 20. […]

Key Points Lombard Odier, one of Switzerland’s oldest private banks, was accused by Swiss prosecutors of aggravated money laundering. In a statement on Friday, Switzerland’s Attorney General’s Office (OAG) said it filed an indictment against Lombard Odier and a former bank employee with Switzerland’s Federal Criminal Court on Tuesday. The OAG said the defendant helped […]

South Korean stocks swung wildly in the United States on Tuesday amid a day of political turmoil in Korea after President Yoon Suk Yeol was forced to lift an earlier emergency martial law decree, raising fears of instability in the thirteenth largest economy in the world. The iShares MSCI South Korea ETF (EWY),which tracks more […]

Key Points NEW YORK – Federal Reserve Chairman Jerome Powell said Wednesday that he is not concerned that President-elect Donald Trump will try to politicize the central bank once he takes office in January. The question of the Federal Reserve’s independence has arisen in recent months, amid reports that Trump could try to pull the […]

Key Points Companies can now offer their workers a “match” of their student loan payments in the form of a contribution to their 401(k) plan, and a small but growing number of employers are taking advantage of the option. Traditionally, companies have only paid a 401(k) match to workers based on their voluntary contributions to […]

Key Points UnitedHealthcare CEO Brian Thompson was fatally shot Wednesday while doing something many other American executives routinely do: walking unaccompanied to an investor event hosted by his company. But Thompson’s death this week in the heart of America’s corporate capital has sent shockwaves through the business world, forcing companies to rethink the risks in […]

Key Points The U.S. labor market has been stagnant lately, a dynamic that contains both good and bad news for American workers. On the one hand, companies are retaining their existing workforce, meaning employees are unlikely to lose their jobs, economists said. But it may also be difficult for job seekers to land new jobs […]

Key Points Small businesses and their owners could face fines of $10,000 or more if they don’t comply with a new U.S. Treasury Department reporting requirement by the end of the year, and evidence suggests many still haven’t. The Corporate Transparency Law, approved in 2021, created the requirement. The law aims to curb illicit finances […]