Prosecutors in Manhattan and his attorneys have urged leniency for the 87-year-old, given the investment firm founder’s health and his admission of guilt.
Read More Multibillionaire Joe Lewis to face US sentencing for insider trading
Category: Business
US private payrolls post largest gain in eight months in March
U.S. private payrolls increased more than expected in March, pointing to continued labor market strength.
Read More US private payrolls post largest gain in eight months in March
Tesla quarterly deliveries fall for the first time in nearly four years
The Elon Musk-led company’s shares fell 5.3% in early trading and were on track to lose about $30 billion in market value.
Read More Tesla quarterly deliveries fall for the first time in nearly four years
GE completes three-way split, breaking off from its storied past
The industrial giant’s aerospace and energy businesses will begin trading on the New York Stock Exchange as separate entities.
Read More GE completes three-way split, breaking off from its storied past
US monthly inflation slows; consumer spending surges
U.S. prices increased less than expected, with the cost of services outside housing and energy slowing significantly.
Read More US monthly inflation slows; consumer spending surges
US fourth-quarter growth revised higher; labor market still strong
The U.S. was boosted by strong consumer spending and business investment in nonresidential structures.
Read More US fourth-quarter growth revised higher; labor market still strong