Wall Street

Gensler is testifying before Congress and facing increasing lawsuits over his many rule changes

Securities and Exchange Commission Chair Gary Gensler is testifying before the House Financial Services Committee today. It will be very much…

‘We have dealt with recessions before’: Jamie Dimon says geopolitics is the world’s biggest risk

JPMorgan Chase CEO Jamie Dimon says geopolitics after Russia’s invasion in Ukraine is the biggest risk, larger than high inflation…

The ‘Great IPO Reopening’ may be on hold: rising rates and weaker stocks are a killer

The Great IPO Reopening may be on hold: rising rates and lower stocks are an IPO killer.  A combination of…

Fed signals it will raise rates one more time this year before it ends hiking campaign

The Federal Reserve stayed put on Wednesday but forecast it will raise interest rates one more time this year, according to…

Take the Fed forecast with a grain of salt. It has a terrible track record

On Wednesday, the Federal Reserve will publish its latest economic forecasts. There will be an intense focus on the Summary of…