Fed Chair Powell says smaller banks likely will be exempt from higher capital requirements
Powell said Thursday that banks below $100 billion in assets won't be affected by any new capital requirements.
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Vice Media declares Fortress Investment Group the winning bidder in bankruptcy sale
Vice Media will be acquired by Fortress Investment Group and other creditors for $225 million.
Watch now: ETF Edge with a hard look at hard-asset funds
Judge sanctions lawyers for brief written by A.I. with fake citations
The lawyers were ordered to pay $5,000 by a New York federal judge after admitting the ChatGPT artificial intelligence tool was used to create a legal brief.
George Santos says he's 'concerned' after court reveals his bail backers are his father and aunt
Santos, the scandal-plagued freshman Republican congressman from New York, was indicted on 13 counts including money laundering and wire fraud.
Warren Buffett's charitable giving exceeds $50 billion, more than his entire net worth in 2006
Warren Buffett has boosted his total charitable giving to more than $50 billion — greater than his entire net worth in 2006 when he first scheduled the grants.
Pfizer, GSK RSV shots for older adults may prevent thousands of hospitalizations, CDC analysis says
The CDC analysis suggests the shots will reduce the burden of RSV on hospitals in the fall.
Watch live: President Biden and India Prime Minister Modi speak at the White House
The leaders are expected to discuss semiconductor manufacturing and defense.
SEC fines JPMorgan subsidiary for deleting 47 million emails, some related to subpoenas
JPMorgan had received subpoenas and document requests in at least 12 civil securities regulatory investigations for emails that were deleted.
Amazon Prime Day is coming up. Here's how to snag the best deals
Amazon Prime Day kicks off July 11, with deep discounts on Amazon's own devices as well as brands such as Peloton, Victoria’s Secret, Yeti and Sony.
Olive Garden parent earnings beat estimates, fueled by strong LongHorn Steakhouse sales
Darden's Olive Garden had a weaker-than-expected quarter, but LongHorn Steakhouse reported strong same-store sales growth.
Watch Fed Chair Jerome Powell speak live to Senate banking panel
Powell appears Thursday on Capitol Hill for the second day of his testimony on monetary policy.
Home sales barely budge from April to May in sluggish spring market
The traditionally busy spring selling season is bogged down by high interest rates, inflated prices and tight supply.
Listen to the music play: Fed Chair Jerome Powell admits to being a Deadhead
Powell was snapped June 3 at a Dead & Company show in Bristow, Virginia.
United to send flight disruption vouchers to travelers' phones
United said its new app update will make it easier for customers to rebook, track bags and retrieve vouchers for hotels and meals during flight disruptions.
U.S. and India set to announce flurry of deals spanning defense, chips and A.I.
Modi and Biden are expected to sign agreements to reduce India's reliance on Russian weapons. Other deals come as the U.S. adopts a "friend-shoring" strategy.
Hunter Biden set to enter guilty plea at late July court hearing
Biden agreed to plead guilty on two misdemeanor charges of failing to pay federal income taxes and cut a separate deal related to a felony gun charge.
CDC advisory panel backs use of GSK and Pfizer RSV vaccines in adults 60 and older
The CDC panel's recommendation moves the U.S. closer to making the respiratory syncytial virus shots from Pfizer and GSK available to seniors.
Pharmaceutical trade group sues Biden administration over Medicare drug price negotiations
PhRMA's lawsuit is the fourth legal challenge to the law after separate suits from Merck, Bristol Myers Squibb and the U.S. Chamber of Commerce.
Intel stock drops 6% as company updates chip manufacturing plans
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