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US senators have reportedly piled up to $96 million into stocks, including companies they regulate

Sen. Richard Shelby, who sits on housing and insurance subcommittees, owns up to $5 million worth of stock in a real estate insurance firm.
A file photo shows an unidentified trader.

A rogue trader lost $320 million on wrong-way oil bets, prompting Mitsubishi to fire the person and alert police

The derivatives bets were unauthorized and disguised to look like customer trades, says Mitsubishi, which fired the employee this week.
Tron CEO Justin Sun

Electronic Arts tweeted ‘invest in Crypto’ as a marketing stunt — and crypto whiz kid Justin Sun capitalized by promoting his Tron p...

Binance, Huobi Global, and other crypto players cheered EA's marketing stunt to promote Crypto, a new character in Apex Legends.

Overstock’s ex-CEO loves crypto, calls Warren Buffett his ‘rabbi,’ clashed with Mark Cuban, and dated a Russian spy. Here are 5 wild...

Byrne accused financiers Steve Cohen and Michael Milken of attacking his company, calling them "Sith Lords" and "Al Qaeda."
Hello Kitty plush toys.

Mattel snagged the rights to Hello Kitty by flying a team to Tokyo and pitching the brand’s 91-year-old ‘patriarch’

"Hello Kitty was not available, it was not being pitched or presented for people to bid on," the toy giant's CEO said.
Jim Cramer was alarmed by the FedEx call.

FedEx just sounded the alarm on US growth — and Jim Cramer said it was the ‘most dispiriting call about the economy I’ve heard in a ...

"There is a lot of whistling past the graveyard about the US consumer and the United States economy versus what's going on globally."
Fed Chair Jerome Powell.

US stocks are set to drop after the Fed’s ‘hawkish shift’ tempers hopes for further rate cuts

The Fed cut rates by 25 basis points to counter slowing growth and the trade war, saying "moderate" action is enough for now. Oil rose 0.7% to about $64.
Trump has imposed round after round of tariffs on other countries' goods.

Facebook, Ford, and other blue-chip companies are backing a coalition to stop Trump from imposing tariffs without Congress’ approval

"We believe it is time for Congress to reassert its authority to ensure that tariffs are only used in limited circumstances."

WeWork’s collapsed IPO has reportedly tanked a $112 million London property deal

A $1.1 billion deal that includes WeWork Waterloo, the world's biggest shared workspace, is also under threat.
Business optimism is at its lowest in three years.

Most American CFOs expect a recession by the 2020 election

"Business optimism has not been this low since September 2016, a time when the unemployment rate was 5%," Duke's CFO outlook survey found.