Q2 ’23 earnings for the S&P 500 start in about 3 to 4 weeks and will start with the financial sector kicking things off for Q2 ’23. Here’s a quick look at expected S&P 500 revenue and EPS growth by sector: Expected YoY revenue growth by sector: Financials: +7.4% expected…

Lawyers, advisers and other professionals working on the FTX bankruptcy have racked up $200mn in fees as they attempt to restructure the “smouldering heap of wreckage” left behind by the cryptocurrency exchange’s collapse in November, an independent auditor found.In a 47-page filing on Tuesday, a court-appointed fee examiner said she…

Julie Rikelman, the attorney who argued on behalf of the Mississippi abortion clinic before the Supreme Court in the case that led to the overturning of Roe v. Wade, has been confirmed to a federal appeals court judgeship. The Senate voted 51-43 on Tuesday to confirm Rikelman to the Boston-based…

Never underestimate the power of dissent, even if the Federal Reserve prefers to present a unified front to the world at large. In a complicated world, however, that only leads to mistakes. Unity is nice to have, but working through disagreements is how good decisions are made. And it’s hard…

ARK Invest’s ARK Innovation exchange-traded fund sold another 62,415 shares of Tesla worth about $16 million, the asset management company founded by Cathie Wood disclosed on Friday evening. The news of Friday’s stock sale comes after ARK Invest offloaded about 393,000 shares of Tesla (ticker: TSLA) worth almost $100 million…

You’ve made some money by stashing funds in a high-yield savings account, and now you want to cash in to make a down payment on a home. High-yield savings accounts are having a moment. With the federal-funds rate in the range of 5% to 5.25%, consumers can earn an annual…

Hunter Biden, the scandal-plagued son of President Joe Biden, has agreed to plead guilty to federal misdemeanor tax evasion charges, in a deal that will likely allow him to avoid jail time, according to a court filing and news reports. Biden, 53, also agreed to enter into a diversion agreement…

© Reuters. The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023. REUTERS/Pascal Rossignol By Arriana McLymore NEW YORK (Reuters) – Amazon (NASDAQ:) is excluding its new competitor Temu from its price searching algorithm that checks if products sold on its platform…

(Reuters) – U.S. Treasury officials on Wednesday unveiled rules for how non-profits, tribes and governments can take advantage of subsidies in President Joe Biden’s new climate change law, expanding the incentives beyond big corporations. The Inflation Reduction Act (IRA) offers billions of dollars in tax credits to speed decarbonization of…

By Karen Brettell NEW YORK (Reuters) – The dollar bounced off two-week lows on Friday as investors awaited inflation data and the Federal Reserve’s interest rate decision next week for any new clues on how high the U.S. central bank is likely to hike rates. The Fed is expected to…