Impeached Paraguay leader charged over shock implosion of bank

Impeached Paraguay leader charged over shock implosion of bank

Paraguayan prosecutors charged impeached ex-president Santiago Pena over his alleged role in a banking crisis that saw millions cut off from their money and sparked major protests. Impeached Paraguay leader charged over shock implosion of bank Pena, Paraguay’s youngest-ever president, was removed from office by the Senate on Friday, three days after the collapse of … Read more

Jared Kushner demands Vanity Fair remove article on alleged undisclosed foreign bank accounts, calls claims categorically false

Attorneys for Jared Kushner have sent a formal demand letter to Vanity Fair for publishing false and defamatory allegations from Matthew Cole’s upcoming book. REUTERS/Valentyn Ogirenko/File Photo (REUTERS)

Jared Kushner has demanded that Vanity Fair remove an article excerpting allegations from investigative journalist Matthew Cole’s forthcoming book Princes and Thieves. He called the claims “categorically false” and warned they the magazine of potential legal action. Attorneys for Jared Kushner have sent a formal demand letter to Vanity Fair for publishing false and defamatory … Read more

Trump's son-in-law, Jared Kushner, blasts outrageous report on alleged undisclosed foreign bank accounts

Jared Kushner, U.S. President Donald Trump's son-in-law, slammed a report allegedly revealing his secret financial agreements. (REUTERS)

President Donald Trump‘s son-in-law, Jared Kushner, heavily criticized a report which allegedly revealed his secret financial agreements with Israel, Saudi Arabia, and the United Arab Emirates. Jared Kushner, U.S. President Donald Trump’s son-in-law, slammed a report allegedly revealing his secret financial agreements. (REUTERS) Kushner’s remarks came on Thursday after Vanity Fair published an excerpt from … Read more

Israeli forces release Brad Lander with warning after West Bank detention

Brad Lander, US Democratic candidate for Congress, was detained in the West Bank on Wednesday. (REUTERS)

US congressional candidate Brad Lander was detained by Israeli forces while helping Palestinian farmers pick olives in the occupied West Bank. He was later released with a warning. Brad Lander, US Democratic candidate for Congress, was detained in the West Bank on Wednesday. (REUTERS) What happened As per Reuters, US Democratic candidate for Congress Brad … Read more

Israeli forces detain New York Congressional candidate Brad Lander in West Bank

Brad Lander said Israeli forces detained him and other volunteers as they supported Palestinian farmers harvesting olives in the West Bank (AP Photo/Frank Franklin II)

Israeli forces detained Brad Lander, a Democratic candidate for Congress from New York, as he took part in a West Bank olive harvest with Palestinian farmers who have faced increasing threats from radical Jewish settlers. Brad Lander said Israeli forces detained him and other volunteers as they supported Palestinian farmers harvesting olives in the West … Read more

Washington Post photojournalist Heidi Levine injured in attack by Israeli settlers in West Bank: They kicked me

American freelance photojournalist Heidi Levine lies on a gurney in the emergency room of the government hospital in the Israeli-occupied city of Ramallah, as she is treated after being attacked by Israeli settlers while photographing Palestinian farmers harvesting their olives, in the Palestinian village of Abu Falah on October 16. (AFP)

American freelance photojournalist Heidi Levine was injured in an attack in West Bank Friday while on assignment for the Washington Post. American freelance photojournalist Heidi Levine lies on a gurney in the emergency room of the government hospital in the Israeli-occupied city of Ramallah, as she is treated after being attacked by Israeli settlers while … Read more

Bank of America fined $1.21 billion as regulators cite failures involving $5 billion in suspicious activity: What went wrong?

Bank of America faces a $1.21 billion US fine over failures to report suspicious transactions, with the penalty expected to hurt quarterly earnings.. Photographer: Michael Nagle/Bloomberg (Bloomberg)

Bank of America has been fined $1.21 billion by US regulators over failures to detect and report suspicious financial activity, including transactions worth more than $5 billion, as per Reuters. Bank of America faces a $1.21 billion US fine over failures to report suspicious transactions, with the penalty expected to hurt quarterly earnings.. Photographer: Michael … Read more

US bank earnings: JPMorgan, Wells Fargo and Citi show consumers remain resilient despite high rates

JPMorgan, Wells Fargo and Citigroup report resilient US consumer spending despite high interest rates. (Photographer: Michael Nagle/Bloomberg) (Bloomberg)

US consumers and businesses are holding up despite high interest rates. Third-quarter results from JPMorgan Chase, Wells Fargo and Citigroup showed that the US economy remained resilient even as borrowing costs stayed high. Spending and lending continued to grow compared with the same period last year, while loan losses remained largely under control. JPMorgan, Wells … Read more

Stock market today: Why are S&P 500 futures falling despite strong bank earnings?

S&P 500 futures fall as chip stocks slide and US bank earnings begin. (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)

S&P 500 futures fell on Tuesday: Futures linked to the S&P 500 slipped as investors assessed quarterly earnings from major US banks and tracked losses in chip stocks. Dow futures remained slightly higher, while Nasdaq futures came under greater pressure. S&P 500 futures fall as chip stocks slide and US bank earnings begin. (Photo by … Read more

Why have US bank stocks lost $270 billion in market value as rising interest rates threaten Wall Streets profit boom?

US bank stocks lose $270 billion as rising interest rates threaten Wall Street profits. (Representational image)

Five of Wall Street’s biggest banks have collectively lost around $270 billion in market value from their summer highs through Friday’s market close. This comes as rising interest rates worry investors about whether the banks can maintain their strong profits in the coming months. US bank stocks lose $270 billion as rising interest rates threaten … Read more