Economy

China blocks Wells Fargo banker from leaving due to 'criminal case'

Economy

Wells Fargo banker blocked from leaving China over ‘criminal case’

Benjamin Davis Tyler

A senior banker working with Wells Fargo has been banned from departing mainland China as officials conduct an investigation linked to an ongoing criminal matter. Sources knowledgeable about the situation…

Ryanair mulls bigger bonus for spotting oversized bags

Economy

Ryanair to review rewards for flagging big bags

Benjamin Davis Tyler

Ryanair, Europe’s largest budget airline, is reportedly evaluating changes to its internal reward system that could see ground staff receive higher bonuses for identifying passengers carrying oversized cabin luggage. The…

Powell defends .5 billion Fed renovation in a point-by-point response to the Trump administration

Economy

Powell responds to Trump administration over $2.5 billion Fed renovation plans

Benjamin Davis Tyler

Federal Reserve Chair Jerome Powell has publicly defended the institution’s decision to move forward with a $2.5 billion renovation of its Washington, D.C. headquarters, offering a detailed rebuttal to concerns…

Chevron’s megadeal for Hess gets approval after winning legal battle with Exxon

Economy

Hess acquisition by Chevron gets green light after Exxon court defeat

Benjamin Davis Tyler

Chevron's bold purchase of Hess Corporation has been formally approved, signifying a significant merger in the energy industry after surmounting a legal barrier posed by ExxonMobil. The outcome of this…

Copper prices have surged to record highs — and they could jump higher. Here’s why

Economy

Record-high copper prices — factors behind the surge and future outlook

Benjamin Davis Tyler

Copper, often considered a barometer of global economic health, has seen its market value climb to unprecedented levels in recent weeks. The surge reflects a combination of tightening supply, resilient…

Economy

Did Wall Street collapse under Trump?

Benjamin Davis Tyler

The relationship between politics and financial markets has always been intricate, yet the reemergence of former President Donald Trump in the political arena is generating new ripples across Wall Street.…