Senator Robert Menendez of New Jersey pleaded not guilty Wednesday to federal corruption charges as demands for his resignation intensified.
(Bloomberg) -- The average monthly mortgage payment in the US increased 46% in 2022 as interest rate hikes squeezed home borrowers, according to the Consumer Financial Protection Bureau.
At least 20 people were arrested after stores in Philadelphia were vandalized and robbed on Tuesday night, adding to concern about a wave of retail thefts across the US.
Greg Lippmann, the trader who was immortalized in Michael Lewis’s book “The Big Short,” sees a soft landing by the Federal Reserve as unlikely and is focusing on investments that would perform well in a tougher economic environment or if rates were to rise further.
To Wall Street worrywarts, a large options position owned by a JPMorgan Chase & Co. equity fund has the potential to add fuel to this sweeping US stock selloff.
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