Powell Brushes Off Trump’s Removal Threat: Economists Say 2026 Could Be His Last Stand
Trump’s re-election has revived debate on whether he can remove Fed Chair Powell. Powell refused to resign and asserted Fed’s independence. read more
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Financial Crime Weekly: Alleged Snowflake Hacker Arrested, Banned China Chip Shipments, Payday Advance Company Sued
This week’s financial crimes include banned semiconductor wafer shipments to China, charges against online cash advance company Dave and the arrest of the alleged Snowflake hacker. read more
NRG Energy Misses Q3 Expectations But Powers Up Guidance And Stock Buyback: Details
NRG reported higher adjusted earnings, raised guidance for 2024, and plans for capital returns. read more
Bill Ackman Says He’d Consider Joining Elon Musk’s ‘Department Of Government Efficiency’ Under Trump
Ackman expresses interest in Musk’s hypothetical agency, which would gut federal spending by the trillions. read more