All US Trial Convictions in Crisis-Era Libor Rigging Have Now Been Overturned

WASHINGTON—A federal appeals court reversed the convictions of two former Deutsche Bank AG traders found guilty of rigging a global lending benchmark, overturning one of the US government’s highest-profile court victories linked to the 2008 financial crisis. The decision Thursday dealt a blow to the legacy of an investigation into which Washington poured resources after … Read more

Stock Market Today: Dow Rose as Moderna Collapsed Again

The Dow Jones Industrial Average had one of its best days this year on Monday, as value and defensive stocks led a rebound from last week’s market declines. The news Monday was relatively positive, with signs that the Omicron variant of Covid-19 may be less severe than previous tensions and reports that China is considering … Read more

Stock Market Today: Dow Rising, Nasdaq Falling as Moderna Collapses Again

Font size Investors considered Covid-19 and monetary policy heading into another trading week. Angela Weiss/AFP via Getty Images What is good for the goose is not necessarily good for the goose, and what is good for the Dow Jones Industrial Average is not necessarily good for the Nasdaq composite. The news this morning was pretty … Read more