Tag: Yahoo Finance

Fallout from Trump's trade wars felt by economies around the world

The collateral damage of the United States' trade wars is being felt from the fjords of Iceland to the auto factories of Japan. Central bank governors and finance ministers traded grim tales of suffering economies at the International Monetary Fund and World Bank fall meetings in Washington this week. Some also noted how far U.S. policy had shifted from the 1940s, when Washington co-founded the IMF....

Goldman Sachs investment banker charged in insider trading scheme

A Goldman Sachs Group Inc investment banker was released on bond and placed on leave by the firm after allegedly being involved in an insider trading scheme, a bank spokeswoman said on Saturday. Bryan Cohen, a vice president at Goldman Sachs who works in the Consumer Retail industry group, was arrested early Friday on charges of conspiracy to commit securities fraud. Goldman Sachs spokeswoman Nicole Sharp said the firm is "cooperating with the authorities on the situation regarding Mr. Cohen....

The Latest: Johnson sends EU request for Brexit delay

The British government has formally asked the European Union for a delay to Brexit — but also sent a letter from Prime Minister Boris Johnson arguing against it. Johnson was forced to request a delay after Parliament voted to delay a decision on whether to back his Brexit deal. A law passed last month compelled the government to try to postpone Britain's departure if no deal was agreed by Saturday....