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UK retreats on climate reporting rules for listed companies
SpaceXAI Explores New Subscription Model for Grok AI Service
FICO stock options flow signals bearish bets after regulatory blow
MGM Explores Bid for People Inc. Following Withdrawal of Acquisition Proposal
SEC clears Tesla-crafted auto-vote plan for wide use, worrying activists
Goldman Sachs pushes rate hike expectation to December
Google, Jabil among market cap stock movers on Wednesday
US inflation rises below expectations in August, gives the Fed breathing space
Liquidia shares crater after court rules for United Therapeutics
Belgium extends Engie nuclear asset talks to November 4
Watchdog finds Fed mishandled renovations that Trump tried to oust Powell over
SEC Charges Two Individuals With Orchestrating Fraud Scheme That Targeted Veterans
Trump, Modi Discuss Trade, Energy Ties as New Tariffs Loom
Global Bonds Face Worst Quarter Since 2024 on Inflation Fear
U.S. 10-Year Treasury Yield Reaches Highest Level in 24 Years
US Senate set to block bill to address data center costs
Harvard sued by US agency seeking records in anti-white hiring probe
US Senate Legislation to Cap Electricity Bill Increases for Data Centers Fails to Advance
Munis Rally Most in Nearly Six Months, Snapping Selloff
UnitedHealth Must Face Shareholder Suit by CalPERS, Judge Rules
USD/CHF Hits Highest Level Since May 2025 Amidst Policy Divergence
India reduces windfall taxes on diesel and jet fuel exports
Pemex crude oil exports fall 45% in August amid refining push
Google asks EU court to suspend order to open up to AI chatbots, search engine rivals
Google asks EU court to suspend order to share search data with AI rivals
ECB’s Lagarde Won’t Rule Out Leaving Few Months Before Her Term Ends
FlyDubai Near-Disaster Brings Pilot Suicides Back Into Focus
Euronext wheat edges lower as US corn stocks weigh on grains
Israel to ramp up pilot checks after flydubai scare
SEC proposes rules to expand private investment access
ECB’s Lagarde rules out 2027 French presidential bid
Commerce Secretary Lutnick reports $250 million in 2025 income
Bond markets resume sell-off after strong US data
What we know about the Flydubai flight to Israel
CFTC Proposes Rules to Say Prediction Markets Are Not Gambling
U.S. Federal Reserve Watchdog Clears Renovation Project of Criminal Violations
JPMorgan Hires Three for Natural Resources Banking
S&P and Moody’s downgrade Hormel Foods following $1.05B Brakebush deal
The Fed’s building renovations and Trump’s push to oust Powell
Fed watchdog finds no wrongdoing in Powell’s renovation project
Watchdog finds deficiencies but no Fed misconduct in Powell-era renovation project
OpenAI Disrupts Reasoning Extraction Campaign Linked to Kimi Developer
US competition watchdog expands investigation of Anthropic and OpenAI
A pilot brawl, then a rapid descent: passengers recount chaos on flydubai flight
Mattel taps Condé Nast’s Lynch as CEO Kreiz, who led brand revival, departs
AI infra firm Accelevation valued at $3.9 billion as shares fall in Nasdaq debut
QNB Capital wins three IFN awards, reinforcing its position in Islamic debt capital markets
Tech Sector Surges on Major Deals: Robinhood, AMD (AMD), and Micron (MU) in the Spotlight
Fed’s Watchdog Finds No Misconduct or Illegal Activity in Costly Renovations
The inspector general report had been seen as a potential resolution to a political and legal drama that prompted Jerome Powell to stay at the Fed after his chairmanship ended
Goldman Sachs Adjusts Fed Rate Hike Forecast to December
Fed’s Watchdog Finds No Evidence of Criminality in Renovations
Stablecoins Could Harm Monetary Policy Transmission, SNB Says
Christine Lagarde: Interview with La Croix
Target (TGT) Stock Climbs 2% Following HSBC’s Bullish Upgrade to Buy
Advanced Micro Devices (AMD) Stock Surges 281% Year-Over-Year: Cramer Predicts More Growth Ahead
Ripple Expands in Brazil as Coinbase Pushes Back on Stablecoin Taxes
FTC Investigating Tech Giants Over AI’s Potential Threat to Consumers
Stronger GDP Raises the Stakes for Winning Consumer Dollars
To fix housing affordability, build more homes
ECB ‘cannot wait’ for high energy prices to fuel wider inflation, top policymaker warns
GameStop shares rise as CEO Ryan Cohen buys $10.6 million in stock
Bill to limit stock trading in US Congress set to be blocked in Senate
Stocks rise, 2-year US bond yield eases after soft US inflation data
Six Flags Magic Mountain permanently shutters ride amid brain injury lawsuits
ImmunityBio (IBRX) Stock Surges 12% Following Major Hedge Fund Endorsement
Palo Alto Networks (PANW) Stock Reaches New Peak: Should You Invest Now?
Fed Votes to Overhaul Stress Tests in Win for Big Banks
Paramount Set to Raise $42.4 Billion Through Bond Offerings
Federal Reserve Watchdog Clears Jerome Powell of Misconduct in Renovation Investigation
The Federal Reserve's internal watchdog has concluded that there was no criminal or administrative misconduct related to renovations during Jerome Powell's tenure as Chair. This finding comes after scrutiny intensified following criticisms from former President Donald Trump, who had raised concerns about the renovation expenses.
The investigation also resulted in the quashing of subpoenas issued by the U.S. Department of Justice, which had sought information regarding the renovation activities. Powell, who has pledged to remain in his position until the conclusion of the probe, continues to serve as a governor of the Federal Reserve amid these developments.
The findings are significant as they clear Powell of any wrongdoing, allowing him to focus on his responsibilities at the Federal Reserve without the cloud of investigation hanging over him.
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Source: KLEA News