Feds slap TD Bank with $3.1 billion in fines for money laundering of fentanyl trafficking and terrorist financing
At a press event this afternoon, U.S. attorney general Merrick Garland said TD Bank was the largest bank in U.S. history to plead guilty to Bank Secrecy Act failures, and…
Oil Set for Weekly Gain as Israel Plans Response to Iran Attack
(Bloomberg) — Oil headed for a second weekly gain — after surging by more than 3% on Thursday — as Israel readied plans to retaliate against Iran, raising the specter…
Eating Nothing But Sardines May Help You Lose Weight, But Experts Say It’s a Bad Idea
A North Carolina woman says she lost 35 pounds after consuming nothing but sardines and MCT oil for more than three months. The sardine-only diet was popularized in 2023 as…
Bank Earnings to Give Stock Market Key Read on Health of Economy
(Bloomberg) — Wall Street is poised for a glimpse into the outlook for the biggest US banks as the Federal Reserve starts dialing back interest rates and uncertainty continues to…
Three Fed Officials Shrug Off CPI Report, Bostic Open to Pause
(Bloomberg) — Three Federal Reserve policymakers on Thursday were unfazed by a higher-than-forecast September inflation report, suggesting the US central bank can continue lowering interest rates, but a fourth hinted…
Dow Jones Today: Stocks Move Lower After Inflation and Jobs Data Surprises
Tesla Down Ahead of Eagerly Awaited Robotaxi Event 2 minutes ago Tesla (TSLA) is expected to unveil its autonomous “robotaxi” Thursday evening, after the event was delayed from its original date in August.…
Recent Scrutiny of English-Only Workplace Rules Comes into Focus During National Hispanic Heritage Month
National Hispanic Heritage Month is celebrated each year from September 15 to October 15 in recognition of the contributions of Hispanic and Latino people to the history, culture, and economy…
Fed seen delivering 25 bps cut next month after inflation data
(Reuters) – Traders on Thursday added to bets the Federal Reserve will deliver a 25 basis point interest-rate cut in November after a government report showed inflation last month was…
Inflation: Consumer price increases in September come in slightly hotter than estimates
A closely watched report on US inflation showed consumer price increases ticked lower on an annual basis during the month of September but "core" prices remained sticky, according to the…
Oil Gains as Traders Monitor Middle East While Stockpiles Climb
(Bloomberg) — Oil edged higher after a two-day decline as traders watched for an Israeli response to Iran’s missile attack early last week, while US crude stockpiles expanded the most…