Major hedge funds Point72 and Balyasny have prohibited staff from betting on prediction markets as the industry faces increased regulatory and public scrutiny.
India's largest private bank saw shares fall after its part-time chairman stepped down citing ethics issues, contributing to broader market decline.
Italian bank UniCredit has made a formal takeover offer for Germany's Commerzbank, valued at approximately $28-35 billion.
Indian PM Modi highlighted strong economic fundamentals while Fed's Goolsbee expressed inflation worries amid global economic uncertainty.
Federal Reserve officials express measured views on potential rate cuts as they assess labor market conditions and geopolitical risks.
An Illinois customer sued Costco seeking tariff refunds after Supreme Court struck down Trump-era import taxes, potentially affecting $166 billion in refunds.
Goldman Sachs analysts caution that oil prices could surge above $100 per barrel if shipping flows through the Strait of Hormuz do not recover.
Britain's GDP remained flat in January 2024, falling short of economist predictions for 0.2% growth in the first month of the year.
Federal Reserve Chair Jerome Powell praised former Fed Chair Paul Volcker while South Korea's central bank appointed a new governor promising balanced monetary policy.
Goldman Sachs has highlighted specific stocks as potential beneficiaries of current market conditions and oil price movements.
Michael Rapino defended his company against monopoly accusations during testimony in an ongoing antitrust case.
Europe's largest automaker announces major job cuts in Germany due to falling Chinese sales and US trade concerns.
Federal Reserve Chairman Jerome Powell announced he will continue in his role until Scott Warsh is confirmed as his successor.
British mortgage rates have climbed above 5% for the first time since August as lenders respond to geopolitical tensions in the Middle East.
Bank of America has reached a settlement agreement with accusers who alleged the bank facilitated Jeffrey Epstein's sex trafficking operations.
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