(CNBC) Wholesale prices for June rose more than expected in another sign that inflation is moving at a faster pace than markets had anticipated. The producer price index, which measures what companies get for the goods they produce, increased 1% […]

(Reuters) JPMorgan Chase & Co second-quarter profits jumped 155% as the U.S. economy continued to rebound, but executives warned on Tuesday that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates, […]

(CNBC) Goldman Sachs CEO David Solomon said that China’s recent moves boosting oversight of its technology industry surprised him and will likely delay “a large number” of companies from listing shares in the U.S. To read this article:

(CNBC) Tesla CEO Elon Musk wrapped up his testimony before the Delaware Court of Chancery on Tuesday afternoon, after spending around 9 hours defending his company’s 2016 acquisition of SolarCity for $2.6 billion. To read this article:

(CNBC) The U.S. securities regulator on Tuesday said it charged blank-check company Stable Road Acquisition, its sponsor SRC-NI, space exploration company Momentus and two executives for misleading claims over their planned merger. The U.S. Securities and Exchange Commission said the […]

(CNBC)Consumer prices just posted their largest one-month jump in nearly 13 years, a fact that might tempt some to conclude that a white-hot U.S. economy is on the brink of runaway inflation. But a spike in the June 2021 consumer […]

(Opalesque) Central to this result is the continued gains achieved by the industry, with hedge funds reporting their strongest first half to the year since 2009. Moreover, as this report demonstrates, the sustained performance by hedge funds has been rewarded, […]

(CNBC) Trading volumes at the largest exchanges, including Coinbase, Kraken, Binance and Bitstamp, fell more than 40% in June, according to data from crypto market data provider CryptoCompare, which cited lower prices and lower volatility as the reason for the […]

(CNBC) Despite the Federal Reserve’s assurance that current inflation pressures won’t last, consumers see things differently, according to a survey Monday from the central bank’s New York district. The June Survey of Consumer Expectations showed that median inflation expectations over […]

(CNBC) It might not be such an easy task this time around. While Powell’s parleys with Congress have been notably genial affairs, there’s at least a chance this time around that the questioning could get a little pointed. Some in […]

(Hedgeweek) Trend-following hedge funds and CTA strategies have dipped slightly in recent days after ending the first half of the year in positive territory, Société Générale’s CTA indices show, but the sector is well-placed to capitalise on commodities and equities […]

(Reuters) A gauge of global stocks closed at a record on Monday and U.S. Treasury yields held above five-month lows touched last week as investors looked for signs on whether the Delta variant of the COVID-19 coronavirus could hamper economic […]