Finance

SEC charges Merrill Lynch, Harvest Volatility Management for ignoring client investment limits

The U.S. Securities and Exchange Commission charged Harvest Volatility Management and Merrill Lynch on Wednesday for exceeding clients’ predesignated investment…

Caught cold by UniCredit’s swoop on Commerzbank, Germany will want to avoid a national embarrassment

Italy’s UniCredit appears to have caught German authorities off guard with a potential multibillion-euro merger of Frankfurt-based Commerzbank, a move…

China likely needs more than rate cuts to boost economic growth

BEIJING — China’s slowing economy needs more than interest rate cuts to boost growth, analysts said. The People’s Bank of…

Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit

Nvidia CEO Jensen Huang is done selling the chipmaker’s stock for the time being, cashing in more than $700 million…

Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’

The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly…

Take a look inside a $1.1 million ‘zero emissions’ home

Real estate is a key puzzle piece in achieving the U.S.’ climate goals, according to federal officials. Residential and commercial…