Archegos Founder Bill Hwang Is Sentenced to 18 Years
Mr. Hwang was convicted in July for his role in the collapse of his investment firm that caused roughly $10 billion in losses for several Wall Street banks.
Posted inBanking and Financial Institutions Customs (Tariff) Prices (Fares, Fees and Rates) Protectionism (Trade) United States Economy United States Politics and Government
How Trump’s Plans for Immigration, Tariffs and the Fed Could Affect the Economy
Economists are trying to guess at how Trump policies could affect growth and inflation. The uncertainties are huge.
Posted inAlternative and Renewable Energy Auchincloss, Murray Baku (Azerbaijan) Banking and Financial Institutions BP Plc Coronavirus (2019-nCoV) Energy and Power Exxon Mobil Corp Global Warming Greenhouse Gas Emissions Natural Gas Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Sawan, Wael Shell Plc Stocks and Bonds United Nations United States Wind Power
Why Oil Companies Are Walking Back From Green Energy
As leaders gather for a global climate summit, investors are rewarding oil giants like Exxon Mobil that did not embrace wind and solar.
Posted inBanking and Financial Institutions Consumer Behavior Inflation (Economics) Interest Rates Regulation and Deregulation of Industry United States Economy
Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.