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30/08/2025
The former executives of UBS Group (acquired by UBS Group) have agreed to pay $115 million to settle a shareholder lawsuit. Shareholders accused them of failing to maintain proper risk control.
Latest
4 m ago
Heavyweight Democratic senators in the United States Senate are urging the Trump administration to postpone its plans to sell shares of Fannie Mae and Freddie Mac in order to study the potential impact on mortgage rates. In a letter addressed to Federal Housing Finance Agency (FHFA) Director Bill Pulte on Friday, a group of senators including Elizabeth Warren from Massachusetts called on the FHFA to focus on reducing housing costs. "You can avoid increasing household costs and weakening the broader housing market stability by pausing any actions to privatize the two companies and instead studying the potential impact on the mortgage market," the letter stated. The letter was jointly signed by Warren, Senate Minority Leader and New York Senator Chuck Schumer, and New Jersey Senator Cory Booker.
4 m ago
Democratic lawmakers urge the Trump administration to pause the sale of Fannie Mae and Freddie Mac shares.
15 m ago
Brent crude oil futures closed at $68.12 per barrel, down 50 cents, or 0.73%.
17 m ago
The Department of Energy of the United States announced to provide over 35 million dollars to promote the development of emerging energy technologies.
29 m ago
U.S. crude oil futures closed at $64.01 per barrel, down 59 cents, or 0.91%.
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