• Aug 28, 2024

Influencer Marketing’s Brewing Hangover

A judge’s ruling in a suit against influencers who marketed vodka but allegedly didn’t disclose the business relationship could encourage more consumer lawsuits.

  • Aug 28, 2024

Why Nike Stock Fell Again Today

Despite posting Q2 sales and earnings that beat Wall Street's expectations, Foot Locker delivered some bad news for Nike today.

  • Aug 28, 2024

US Fed sets large bank capital levels after stress tests, eases on Goldman's level

The U.S. Federal Reserve announced on Wednesday it had set the latest capital cushions for large banks following June's annual stress tests, but agreed to shrink Goldman Sachs' burden. The new levels, effective Oct. 1, largely mirror the ones the Fed first identified as part of the annual health check of large banks. The central bank, however, added in its statement that it had lowered the extra capital level required of Goldman Sachs, after the firm asked the central bank to reconsider its finding.