Fed terminates 2013 money-laundering enforcement action against Citigroup

WASHINGTON (Reuters) – The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed against Citigroup over shortcomings in its capacity to police money laundering.…

Dow Jones Today: Major Indexes Move Lower as Tech Stocks Tumble

Five Stocks to Watch in October 37 minutes ago The major indexes entered the fourth quarter near record highs after the Fed's rate cut fueled a rebound from a shaky…

Chile’s Economic Activity Disappoints, Supporting Rate Cuts

(Bloomberg) — Chile’s economic activity unexpectedly contracted in August on a decline in services, corroborating the central bank’s message that more interest rate cuts are on the way. Most Read…

TotalEnergies, APA greenlight $10 billion oil and gas project in Suriname

PARAMARIBO (Reuters) – France's TotalEnergies and U.S. APA Corp on Tuesday announced a positive investment decision for Suriname's most promising oil and gas project, Block 58, which is expected to…

DirecTV and Dish have spent years trying to merge. It’s finally happening.

Another big media acquisition has finally been confirmed. Satellite TV provider DirecTV (T, TPG) said Monday it will buy rival Dish Network (SATS), including Dish's streaming brand Sling TV, through…

Morning Bid: Milder inflation seen setting up rate cuts

A look at the day ahead in European and global markets from Tom Westbrook European inflation figures are due on Tuesday and the risk is to the downside, which will…

The Fifth Circuit Confirms the DOL’s Authority to Use Salary Basis Test for FLSA Overtime Exemptions

On September 11, 2024, the U.S. Court of Appeals for the Fifth Circuit in Mayfield v. U.S. Department of Labor confirmed that the United States Department of Labor (“DOL”) has the authority…

Fed Drives Global Push to Cut Rates Despite Questions Over 2025

(Bloomberg) — With the last traces of the global inflation shock fading, the shift toward lower borrowing costs is about to maintain momentum as economies tread toward a new year…

Oil Steadies as Mideast Tensions Vie With Libyan Supply Outlook

(Bloomberg) — Oil was steady at the start of the fourth quarter as geopolitical risks in the Middle East, with Israel beginning ground raids inside Lebanon, vied with the prospects…

Sleepmaxxing: How TikTok’s Wellness Trend Can (and Can’t) Help You Sleep

Sleepmaxxing is a social media trend that’s growing in popularity. The trend encompasses a range of advice, products, and practices aimed at improving sleep quality. Health experts say some aspects…