Legal News

Sept 25 (Reuters) – A growing wall of US corporate debt is set to mature from 2027, putting pressure on companies to refinance borrowings raised ​at ultra-low interest rates during the pandemic. About $4.3 trillion of non-financial ‌corporate bonds issued…

Paramount Global received approval Thursday from the Federal Communications Commission for three Middle Eastern sovereign wealth funds to hold 49.5% of its equity in connection with its proposed acquisition of Warner Bros. Discovery. The FCC’s Media Bureau granted the declaratory ruling, which…

Bank of America CEO Brian Moynihan said on Wednesday the bank’s data shows consumer spending and credit remain healthy despite rising gasoline prices. “Consumers spent in the month of August about 4% more than they spent last August,” Moynihan said on CNBC’s “Mad…

The crypto industry heads into September with its biggest legislative bet hanging in the balance, and little confidence the proposed bill will make it past the finish line. The looming vote on the crypto market structure bill known as the…

WASHINGTON, Aug 14 (Reuters) – U.S. retail sales fell in July for the first time in nine months as the boost from big tax refunds faded, suggesting that consumer spending was slowing down and prompting economists to slash their economic…

Consumer sentiment fell in August, especially among Republicans, while inflation expectations increased, the University of Michigan said on Friday. The preliminary estimate for August slipped nearly 8% following two months of positive results, while the expectations index decreased by 8.7%. Coupled with…

NEW YORK, Aug 21 (Reuters) – The wave of debt issuance funding the artificial-intelligence buildout is testing the limits of investor demand, with some large bond buyers warning that the market is showing signs of indigestion. While fund managers remain comfortable with…

Mortgage demand continued to plummet last week, after mortgage rates rose to their highest level in over a year. Total mortgage application volume dropped 2.9% week to week, according to the Mortgage Bankers Association’s seasonally adjusted index. Applications were also…

The long legal battle to erase the debts of nearly half a million federal student loan borrowers who say they were defrauded by their colleges is finally coming to an end, after a recent court ruling in a lawsuit that…

Englewood Cliffs, N.J. & New York, N.Y., July 22, 2026 — CNBC and the New York Stock Exchange (NYSE), today announced the renewal of their longstanding partnership, marking more than 30 years of collaboration at the intersection of global markets and…