Amid an outcry about Federal Reserve officials owning and trading individual securities, an in-depth look by CNBC at officials’ financial disclosures found three who last year held assets of the same type the Fed itself was buying, including Chairman Jerome Powell. None of these ...Read More

Lawmakers across both parties and chambers of Congress are demanding answers from Facebook about how its services impact the mental health of teens and children. The questions come in the wake of a Wall Street Journal report Tuesday that found internal studies at Facebook had determined that its ...Read More

Ares Management Corp. has dismissed Partner Michael R. McFerran, the Los Angeles firm’s chief operating officer and chief financial officer, citing the results of an outside investigation into allegations of “inappropriate” conduct involving fellow employees. The investigation determined that Mr. McFerran “engaged in inappropriate ...Read More

A watchdog report said the support staff members were not certified to work undercover in this manner. It noted that the photos could potentially put staff in danger. In response, the FBI has said it accepted the findings. The agency will change its policies ...Read More

The Supreme Court on Monday rejected a last-ditch bid by former President Donald Trump to keep his financial records, including years of his tax returns, out of the hands of Manhattan District Attorney Cyrus Vance Jr. The decision, the second time the nation’s highest court has refused to ...Read More

Health tech company Clover Health Investments responded to allegations made by short-seller firm Hindenburg this week. Clover acknowledged that it did not disclose inquiries made by the Department of Justice about its business prior to its IPO through a SPAC backed by Chamath Palihapitiya, ...Read More