Credit Suisse is complicit in ongoing tax evasion by ultra-wealthy Americans, including a potentially criminal conspiracy involving the failure to disclose nearly $100 million in secret offshore accounts held by a single family, a Senate investigation released Wednesday finds.
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News: What you need to know about the markets | | | | Credit Suisse is still helping ultra-wealthy Americans evade taxes, Senate panel says | Credit Suisse is complicit in ongoing tax evasion by ultra-wealthy Americans, including a potentially criminal conspiracy involving the failure to disclose nearly $100 million in secret offshore accounts held by a single family, a Senate investigation released Wednesday finds. Read more » | | Macy's will have a new CEO. He's from Bloomingdale's | One of the highest profile jobs in retail will change hands next year. Read more » | | High egg prices send profits at largest US producer soaring more than 700% | Cal-Maine Foods, the largest egg producer in the United States, reported revenue doubled and profit surged 718% last quarter because of sharply higher egg prices. Read more » | | Breakfast prices are surging. Cup Noodles' wants you to eat ramen | The high price of eggs and other breakfast staples is forcing some to look for cheaper breakfast alternatives. How about ramen? Read more » | | Corporate greed is jacking prices higher. It could push customers over the edge | Inflation is ravaging shoppers' wallets and the Federal Reserve has responded by instituting a regimen of painful interest rate hikes that could land the economy in a recession. But corporate profits are surging. US profit margins have reached record levels not seen since the immediate aftermath of World War II. Read more » | | Foot Locker is closing 400 stores. They may become an eyesore | Two major retail chains are closing roughly 800 stores. One company's spaces likely will be filled, while the other's may become empty, and unsightly, zombie stores. Read more » | | | | | | | |
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| +323.35 | | +210.16 | | +56.54 | 32,717.60 | | 11,926.24 | | 4,027.81 | +1.00% | | +1.79% | | +1.42% | YTD -1.30% | | YTD +13.95% | | YTD +4.90% | | | |
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Biggest Winners | Carnival Corp | +6.00% | | Norwegian Cruise Line Holdings Ltd | +5.70% | | First Republic Bank | +5.63% | | Lincoln National Corp | +4.77% | | Biggest Losers | Bath & Body Works Inc | -2.08% | | Zoetis Inc | -1.44% | | UnitedHealth Group Inc | -1.27% | | Target Corp | -1.04% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Market Stats | Latest | Today's Change | | Oil | $72.79 | -0.41 / -0.56% | | Gold | $1,966.00 | -7.50 / -0.38% | | 10-yr | 3.57% | +0.00 | | Euro | $1.08 | +0.00 / +0.04% | | |
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