New FTX Chief Says Crypto Exchange Could Restart
In his first public interview since taking over the failed cryptocurrency exchange, John J. Ray III said that he is open to the idea of rebooting operations.
Former FTX Compliance Chief Accuses Law Firm of Conflicts
The former executive says Sullivan & Cromwell's past work for the crypto exchange disqualifies it from representing the company in bankruptcy.
Jamie Dimon Gets $34.5 Million for 2022
The JPMorgan CEO's compensation was in line with that of 2021, when an additional $50 million retention bonus raised investor ire.
Crypto Lender Nexo Agrees to Pay $45 Million to Settle Regulatory Investigations
The Securities and Exchange Commission said Nexo's Earn Interest Product should have been registered with regulators before being sold to the public.
Top Fed Officials See Progress on Inflation Fight
Two senior Federal Reserve officials said the central bank was making progress in its inflation fight, but that it would take time to bring inflation back to the central bank's 2% target.
Boston Fed's Susan Collins Says Measured Approach to Rate Rises Makes Sense
The policy maker says she is hopeful inflation can be reduced without a significant economic downturn.
Finance Chiefs Hope New Congress Will Revisit Tax Rule on R&D Expenses
Companies are reporting higher taxable income amid a change in tax law that affects how they treat spending on research and development.
Big Hedge Funds Are Top Performers
For the first time since 2018, larger hedge funds, including those focused on quant, macro and arbitrage strategies, outperformed their smaller rivals.
Russian Ruble Gyrates as Western Sanctions Squeeze Moscow's Energy Exports
The currency began to slide recently after the U.S. and the EU put in place new limits on oil sales.
Blackstone Raises Record $25 Billion for Secondary Deals
Blackstone has raised $25 billion across two funds dedicated to buying secondhand stakes in private capital funds.
(END) Dow Jones Newswires
01-20-23 0015ET