By - Summary
- Companies
- Credit Suisse shares suffer biggest weekly drop since March 2020
- Lender saw $200 million net outflows from funds this week
- DBRS Morningstar cut the bank’s credit score to BBB
- Bank secured a $54 billion lifeline earlier this week
- Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
- Trump might name Kevin Warsh as Treasury chief then Fed chair later, report says
- Trump and Fed Chair Powell could be set on a collision course over rates
- UK economy ekes out 0.1% growth, below expectations
- Wholesale prices rose 0.2% in October, in line with expectations
- Trump picks congresswoman Lori Chavez-Deremer to be labor secretary
- Former NY cop pleads guilty to foreign exchange fund fraud conspiracy
- Trump hush money sentencing delayed indefinitely
- Trump AG pick Matt Gaetz says he’s withdrawing
- Marjorie Taylor Greene with Musk, Ramaswamy on DOGE subcommittee
