Major Financial Firms Face Job Cuts and Departures Amid Market Pressures
KPMG plans hundreds of auditing job cuts while Citadel sees trader departure after losses, highlighting broader industry challenges.
KPMG plans hundreds of auditing job cuts while Citadel sees trader departure after losses, highlighting broader industry challenges.

Insurance technology startup Corgi announced a $160 million Series B funding round that values the company at $1.3 billion.
Goldman Sachs traders advise against short positions while Barclays warns of underpriced energy risks as Kalshi gains margin trading approval.

Federal Reserve officials express measured views on potential rate cuts as they assess labor market conditions and geopolitical risks.

Mortgage applications increased as interest rates fell to a one-month low, while a Federal Reserve official indicated rates may remain unchanged for an extended period.
Nordic bank Nordea reported quarterly earnings per share of €0.36 and revenue of €1.76 billion while reaffirming its 2026 outlook.

Former President Trump announced plans for a new oil refinery in Texas backed by Indian conglomerate Reliance Industries.

Apollo Global Management CEO Marc Rowan criticized retail fund mark-ups and warned of potential market corrections during recent public comments.
Yancoal Australia acquires Kestrel coal mine stake for up to $2.4 billion, while separately Australia's richest person faces court order on iron ore mining fortunes.

Michael Rapino defended his company against monopoly accusations during testimony in an ongoing antitrust case.

A market integrity group began a six-figure advertising campaign in Washington D.C. targeting prediction market company Kalshi.
Norwegian energy company Equinor posted strong quarterly results from record production and higher oil prices, while US stock markets reached new highs.
Chinese copper production reaches record levels while data-center cooling stocks decline and battery maker CATL sees strong investor demand.

UnitedHealth exceeded quarterly earnings estimates and increased its profit outlook while managing elevated medical costs.

Reports highlight fossil fuel industry lawsuit defense efforts alongside financial difficulties facing clean energy projects in New York.
Page 74 of 100 (1498 stories)