(Reuters) -American International Group Inc said on Wednesday its subsidiary, AIG Financial Products (FP), had filed for Chapter 11 bankruptcy…
U.S., UK export controls hit China’s access to Arm’s chip designs -FT
(Reuters) – Chinese tech giant Alibaba Group Holding Ltd cannot buy some of the most advanced chip designs after the…
Lennar forecasts slowdown in orders for new homes, shares fall
(Reuters) -Homebuilder Lennar Corp on Wednesday forecast a slowdown in new orders for the first quarter as high mortgage rates…
Fed policymakers see higher interest rates for longer
By Ann Saphir WASHINGTON (Reuters) – Federal Reserve policymakers expect to raise U.S. interest rates further, and keep them high…
Factbox-Major cryptocurrency cases probed by U.S. authorities
NEW YORK (Reuters) – Charges brought by U.S. prosecutors against Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, on Tuesday…
Fed’s Powell says inflation data received in Oct and Nov shows ‘welcome reduction’
By Michael S. Derby WASHINGTON (Reuters) – Federal Reserve Chairman Jerome Powell said on Wednesday that recent data showing lower…
Securities trader charged in New York with front-running employer’s trades
(Reuters) -An equities trader at a large U.S. asset manager was criminally charged with using information about his employer’s trades…
Warner Bros Discovery expects $1 billion more in scrapped content charges
(Reuters) – Warner Bros Discovery Inc on Wednesday raised its expectations of costs related to content write-offs by $1 billion…
Powell says Fed will not change 2% inflation goal
By Michael S. Derby WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell, leading a central bank faced with the swiftest…
U.S. authorities charge 8 social media influencers in securities fraud scheme
WASHINGTON (Reuters) -U.S. prosecutors on Wednesday said they have charged eight individuals in a securities fraud scheme, alleging they reaped…