Economy Week Ahead: Central Banks, GDP, Consumer Spending
U.S. consumer spending is expected to have advanced in September. Photo: Joe Raedle/Getty Images By WSJ Staff Oct. 24, 2021...
banking
Deutsche Bank Whistleblower Gets $200 Million Bounty for Tip on Libor Misconduct
A whistleblower whose information helped U.S. and U.K. regulators investigate manipulation of global interest-rate benchmarks by Deutsche Bank AG was...
Fed’s Quarles Says More Fiscal Stimulus Could Let Transitory Inflation Continue Too Long
A top Federal Reserve official said he expected elevated inflation pressures to decline without requiring a more aggressive response by...
Democrats Try to Salvage IRS Bank-Account Reporting With Scaled-Back Plan
Democrats scaled back a proposal that would require banks to send more information about customers’ accounts to the IRS in...
Range of Fed Officials Say Time for Bond-Buying Taper Is Near
Several Federal Reserve officials said Friday the time is likely to arrive soon when the U.S. central bank will be...
World Bank Freezes Aid to Afghanistan
WASHINGTON—The World Bank suspended funding for dozens of projects in Afghanistan Tuesday, citing questions over the legitimacy of Taliban rule....
Banks Weigh Alternatives to Libor Replacement as Companies Seek Longer-Term Rates
Some big banks are evaluating if the reference rate that is backed by regulators as the best replacement for the...
Companies Are Hoarding Record Cash Amid Delta Fears
Companies are sitting on a record amount of cash amid lingering uncertainty about disruptions from Covid-19, defying expectations earlier this...
Synchrony’s Margaret Keane Credits These Advisers With Helping Her Reach the Top
In Personal Board of Directors, top business leaders talk about the people they turn to for advice, and how those...
AMC Talks Bitcoin, GameStop With Its Reddit Followers
AMC Entertainment Holdings Inc. on Monday detailed changes coming to its theaters, such as accepting bitcoin, that are aimed at...
Fed Chairman Powell’s Approach to Regulation Has Drawn Criticism From Some Democrats
President Biden’s looming decision about who should be the next Federal Reserve chairman is prompting reviews of the current chief’s...
Fed Launches Standing Repo Facility to Boost Market Liquidity
The Federal Reserve is launching new facilities designed to provide liquidity to big Wall Street banks and foreign institutions like...
Tesla’s Quarterly Profit Soars to Record $1.1 Billion
Tesla Inc.’s quarterly profit rose to record levels as the car maker largely evaded the effects of a global chip...
Apple, Amazon, Tesla Among the Giants Set to Post Results
Corporate giants from Apple Inc. to Visa Inc. are expected to report their financial results over the coming week, giving...
Tesla CEO Elon Musk Says He Personally Owns Bitcoin—and So Does SpaceX
Elon Musk didn’t specify the size of his personal bitcoin holding or that of SpaceX. Photo: Samuel Corum/Bloomberg News Tesla...
Low-Income Lending Rules Set for Broad Overhaul
Top U.S. banking regulators on Tuesday said they would work jointly to modernize rules governing how banks lend hundreds of...
Ben & Jerry’s Decision to Stop Sales in West Bank Puts Unilever in Tough Spot
Unilever PLC was engulfed in controversy Tuesday after its ice cream brand Ben & Jerry’s said it would no longer...
Mortgage-Refinancing Costs Expected to Fall as Fannie, Freddie Drop Fee
WASHINGTON—The cost of refinancing government-backed home loans is expected to fall as mortgage giants Fannie Mae and Freddie Mac are...
WSJ News Exclusive | Dyal Capital Nears Deal for Minority Stake in Sacramento Kings
Dyal Capital is nearing a deal to make an investment in the Sacramento Kings National Basketball Association team, according to...
Didi Tried Balancing Pressure From China and Investors. It Satisfied Neither.
In the final days before Didi Global Inc. went public late last month on the New York Stock Exchange, a...
