SELECT LANGUAGE BELOW

Dow drops again — falling nearly 600 points as Trump ramps up Canada trade war

Wall Street continues its slide amid growing chances of a recession from President Trump's trade war with Canada, Citigroup warned that U.S. stocks appear to be poised to fall below overseas markets. The Dow Jones industrial average on Tuesday fell nearly 600 points before unlocking some of the losses at the start of trading Tuesday. […]

South Korean fighter jet accidentally drops bombs during training exercise

South Korean fighters accidentally dropped bombs in civilian areas during training exercises on Thursday, causing multiple people to injure. The MK-82 bomb released by the KF-16 fighter jet fell out of range of fire, causing unspecified civilian damage, the Air Force said. The passenger seat fires at the airport of Korea. All 176 people on […]

CFPB drops lawsuit against JPMorgan, BofA, Wells Fargo alleging fraud on Zelle

The Consumer Financial Protection Agency told federal court on Tuesday it was withdrawing a lawsuit filed against three banks in December over processing payment services Zelle. The agency, which was effectively shut down by President Trump last month, has accused JPMorgan Chase, Bank of America and Wells Fargo of failing to protect consumers from hundreds […]

BlackRock drops DEI goals, citing US policy shift

BlackRock, the world's largest asset manager, announced in a memo on Friday that it had removed diversity, equity and comprehensive targets. Shifting policy Under President Donald Trump. Companywide emails from senior executives (CEO Larry Fink, President Robert Capito, and Head of Human Resources Caroline Heller) said “significant changes to the US legal and policy environment […]

‘Fearless Girl’ statue sponsor State Street drops boardroom diversity targets

According to new proxy voting guidance, the State Street Asset Management Force on Friday removed the target for the number of women and minority directors to serve on the Corporate Committee. Posted on that website. The changes coincided with changes in other major asset managers under political pressure, shifting the shift where meeting rooms are […]

CFPB drops slew of cases including against Capital One

On Thursday, the Consumer Financial Protection Agency dropped a series of enforcement actions against financial services companies accused of fraudulent conduct under financial services. President Trump continues to fire Fast moves to dismantle the enginesaid he should be eliminated, but it happened when his candidate, heading Director Jonathan McCernan, was in Capitol Hill. Testify before […]