
Yellen criticizes Trump administration investigation into Fed Chair Powell
Former Treasury Secretary Janet Yellen condemned a DOJ investigation into Federal Reserve Chair Jerome Powell as an attack on Fed independence.

Former Treasury Secretary Janet Yellen condemned a DOJ investigation into Federal Reserve Chair Jerome Powell as an attack on Fed independence.

BlackRock CEO Larry Fink cautioned investors about artificial intelligence potentially leaving people behind and warned against market timing strategies.
Several major companies announced executive changes and ownership adjustments across tobacco, fashion, beverage, and other sectors.
Parker-Hannifin announced plans to purchase the aerospace division of KKR-owned Circor International in a $2.55 billion deal.

A former JPMorgan Chase employee who filed anonymous sexual harassment claims against a female executive has been publicly identified.

San Diego's largest craft brewer Stone Brewing has been acquired by a Belgian beer company as beverage industry giants report varied quarterly performance.
German media company Axel Springer has agreed to purchase Telegraph Media Group for £575 million in a major acquisition deal.
British retail visits dropped to their weakest performance in over five years as inflation continues to impact consumer spending.

The Agriculture Department attributed a significant undercount in corn acreage estimates to declining farmer participation in surveys rather than staffing issues.

Morgan Stanley laid off approximately 2,500 employees, representing 3% of its global workforce, across investment banking, trading, and wealth management units.
Credit analysis firm projects potential low recovery rates for Brightline bonds while Treasury market sees varied institutional positioning.

University research shows investors view private school-educated executives as safer choices, though performance data shows no actual differences.
TPG raised over $10 billion while Apollo made a $225 million pickleball investment, highlighting varied strategies in private equity.

Nearly one-fifth of Americans 65 and older remain in the workforce as rising living costs outpace incomes, reaching the highest level in decades.
Trading platform Robinhood has introduced a new premium credit card aimed at affluent clients through an invitation-only system.
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