Invesco in talks to merge with State Street’s asset-management business
Invesco Ltd. is in talks to merge with State Street Corp.’s asset-management business, people familiar with the matter said.
MassMutual fined for failing to monitor GameStop saga star
Massachusetts is fining MassMutual $4 million after accusing the company of failing to supervise an employee whose online cheerleading of GameStop’s stock helped launch the frenzy that shook Wall Street earlier this year
CEO’s dad gets a $3.6B stock windfall at Carvana
The company was founded in 2012 by Mr. Garcia’s son, Ernie Garcia III, inside his father’s chain of used-car dealers. Known for its car towers and home delivery, the online car dealer was spun off and taken public in 2017.
What’s your raise really worth? Inflation has something to say about it.
This should be the best of times for low-wage workers, as pandemic-induced labor shortages force employers to sharply raise pay. Yet for many, it doesn’t feel that way, because those same disruptions have pushed inflation to near its highest rate in over a decade.
Steven Cohen to invest in crypto quant trading firm
Cohen, who is set to invest in quantitative trading firm, Radkl, will not be involved in the firm's day-to-day operations.
Intuit, Turbo Tax parent, to buy Mailchimp for $12B deal
Mailchimp, which started as a web-design agency with an email-marketing service on the side, is now Intuit's largest deal ever.
Apollo taps Tinder CEO Jim Lanzone for top Yahoo job
Former Verizon executive, Guru Gowrappan, will step away from CEO role to become a senior adviser to Apollo’s private-equity business after overseeing Yahoo since 2018.
Bank of America shakes up leadership team
Bank of America chairman and CEO Brian Moynihan said the changes "position the company with highly energized leaders who are committed to driving Responsible Growth through its second decade – delivering for our clients, communities and shareholders, and addressing major societal issues."
Want Social Security to last? Here's how much your taxes could go up.
The latest Social Security Trustees' report shows just how bad the situation is.
BlackRock’s China blunder
President Xi Jinping's "Common Prosperity" program puts foreign investors in danger, seeking to reduce inequality by distributing the rich's wealth to the general population.
State Street to buy Brown Brothers unit for $3.5B to expand custodian operations
State Street's deal to buy BBH's investor services business includes accounting, fund administration, global markets, and technology services operations.
It's not too late to make these 4 retirement moves
You can still improve your financial security in retirement, no matter how old you are.
Western Union resumes Afghanistan money transfers
Western Union's money transfers will be paid out in U.S. Dollars or Afghani, depending on how the transfer is requested on the sender's side. Payouts are available in select locations based on local operating times, with the majority in the Kabul area.
Don't let these 4 Social Security surprises ruin your retirement
You could be left with too little money if you don't prepare yourself.
Michael Eisner caught looking in MLB strikeout
MLB enters contract with Fanatics as demand for sports collectibles is up due to the coronavirus pandemic.
Barclays buys $3.8 billion Gap credit card portfolio in the US
Barclays said on Friday its United States arm will buy a $3.8 billion credit card portfolio from Synchrony Bank, as the British lender seeks to grow its U.S. profits and diversify further in to fee-earning businesses.
Fed's Jackson Hole Symposium: What you need to know
The Fed’s Jackson Hole meeting may be virtual this year but it is still one of the hotly anticipated wonk fests of the year.
Forbes warns AmEx of business ‘consequences’ from CRT training
Steve Forbes warns there could be business consequences for American Express following a report it subjected employees to critical race theory training sessions.
Citigroup requires workers to receive COVID-19 vaccine before returning to corporate offices
Citigroup Inc. will require workers returning to its offices in New York City and elsewhere to be vaccinated.
Jamie Dimon to Biden admin: 'Shed' bad policy, spend wisely
JPMorgan Chase CEO discussed the potential impact from new policies coming out of the Biden administration during an exclusive interview with FOX Business' Maria Bartiromo.



















