
SEC subpoenas Wall Street banks over Situational Awareness
The information being sought is related to the trading activity of the hedge fund, which came under pressure and was forced to exit many of its positions last month.

The information being sought is related to the trading activity of the hedge fund, which came under pressure and was forced to exit many of its positions last month.
Families are projected to spend a record $14 billion furnishing college dorms and apartments this year.
Beginning in February 2025, DOGE slashed more than a quarter of the IRS’s 100,000-person workforce.
OpenAI is counting on the veteran sales exec known as 'Croation Sensation' to shore up its enterprise revenue ahead of a likely iPO. He's got his work cut out for him.
Trump reopens the border to Mexican cattle to tame $6.89 ground beef, but economists say shoppers won’t notice
“They talked about the carbon footprint and then Obama hops onto a 747, Air Force One, and flies to Hawaii to play a round of golf and comes back,” Trump said last year.
"They got the backlash they deserve," Greg Abbott said in an interview on ABC This Week. Less than a year ago, he wanted his state to be the "epicenter."
The warning comes as Washington has yet to break Iran's hold on the Strait of Hormuz as Iran's rial sinks to record low
A younger workforce used to instant gratification is questioning the rationale behind when they get paid.
Flock operates in more than 5,000 communities across 49 states, and is an $8.3 billion venture darling. Now, the company’s run into trouble.
MacKenzie Scott has donated $26 billion in the past several years.
Even with a $45 million net worth, fame, and a dream career, Big Bang Theory star Kunal Nayyar still has tough days. Just like Jeff Bezos and Melinda French Gates, Nayyar tells Fortune he uses a personal mantra to cope.
Google’s Agent Payments Protocol creates records that can show the information presented to each participant when a transaction is disputed.
Eight Sleep wants to turn its consumer sleep data into a healthcare business, but first it has to clear regulatory and clinical hurdles.
The financial sector's loss of deposits has created a liquidity crunch so severe that it's threatening Russia's ability to fund its war.
"I don’t know how I can mentally continue working 12+ hour days knowing that my dad is somewhere, possibly treated like a criminal,” Joshua Aviles wrote.
"If the market price of USTs is not 'allowed' to adjust down, the foreign exchange price of UST owned by foreign investors has to adjust via a weakening in the dollar."
Trump sued the BBC, and then a court tried to serve subpoenas on Ivanka Trump and Jared Kushner. Secret Service agents turned them away.
Sanae Takaichi says she sleep 0-3 hours nightly. “I’ve never seen a ghost, but I have often screamed because of my encounters with cockroaches."
A surprise bond buyback triggered a squeeze that liquidated over $4 billion in bearish crypto bets and sent bitcoin past $77,000.
The State Department is expected to announce the revocation of B1 and B2 visas issued between 2016 and 2026 whose holders have sought asylum or are now seeking asylum.
The proposal would warn companies that failing to disclose that they are using personal data to set prices could violate the FTC Act’s prohibition on unfair or deceptive practices.
The privacy-focused chain Zcash's native token, ZEC, surged 66% over the past week.
Divide $40 trillion by the U.S. population and every American is on the hook for roughly $117,000. The Conference Board modeled several scenarios.
Decades of accumulated emissions are loading the atmosphere for larger heat waves, floods, fires and droughts
Officials did not provide details on how they determined the fire was "human-caused," and if it was intentional or accidental.
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
Wall Street's push to hire AI talent is fueling New York's rise, even as San Francisco keeps its title as the top overall tech market.
David Cote’s unlikely climb shows why one brutal career setback can tell you surprisingly little about what comes next.
Everything you need to know before you reach the office this morning.
In today's edition: Apple layoffs, Amazon price hikes, geothermal energy, Hugging Face, TikTok $400M settlement, Nvidia and Perplexity, drones.
The Treasury Secretary might win points with his boss, President Trump,but he will earn no points from the bond vigilantes.
New research from Carnegie Mellon and Michigan suggests the line between "different beliefs" and "false beliefs" shapes trust, distrust and avoidance.
Cities are canceling contracts, cameras are getting vandalized, and lawyers who've reviewed the company's contracts say data ownership is not clearly definied.
Treasury Secretary Scott Bessent on Monday is expected to announce the new measures after the U.S. vowed to impose an “unprecedented” level of economic warfare and isolation.
"And if the Strait is not fully closed, Iran’s leverage is weak. Thus, Iran has reasons to escalate."
Tree fossils that are 56 million years old are trying to tell us something about how long forests take to bounce back from extreme heat.
Nancy Kassebaum Baker, a governor's daughter who never wanted the spotlight, has died at 94 — still Kansas's most unlikely political icon.
Carney said Washington introduced language in the final hours of negotiations that would have restricted Canada’s ability to make trade deals with other countries.
Researchers logged 121 instances of nine bossware platforms sending worker data to outside companies, including Meta.
Trump is considering setting the new tariff at 7.5%, which would come on top of tariffs of 10% to 12.5% announced last month.
"And any nation that serves as a financial artery of a withering regime should expect to share in its isolation."
Three-year bachelor’s degrees have spread to 26 states as colleges look for ways to make higher education cheaper and faster.
America’s energy sector is thriving thanks to AI. The only issue? There aren’t enough workers to meet the demand.
China is pushing AI across its economy, even as economists warn automation could worsen an already difficult job market.
The 10-year Treasury yield is back near a one-year high as investors brace for fresh inflation data and the Fed’s Jackson Hole meeting.
The latest strike follows Defense Secretary Pete Hegseth's push to extend military operations onto land in Colombia, Guatemala and Honduras
Hyperliquid's rapid growth was on everyone's lips at last week's elite SALT crypto conference.
"If we continue to see growing disparity in income, you risk unrest and further division, which is the most expensive tax on every business."
We saw potential where the market was wary. Here's why Target's Fiddelke and Starbucks' Niccol are making progress, and Hill bears watching.
Also: All the news and watercooler chat from Fortune.
The U.S. Department of Agriculture estimated in 2016 that 7 million feral pigs were loose in the nation; who knows how high it's gotten since.
The huge increase in interest expense has two sources.
Out of more than 300 industries analyzed by BLS, temporary help services has added the second-highest number of jobs in 2026.
It's a signal that the White House is seeking ways to work with Democrats if they wrest majority control from Republicans in the midterm elections.
“I planned to move most of it back after a month or two. No longer,” Burry said in a post on Substack.
The Hawk Fire has already burned structures and forced 14,000 homes to evacuate, just weeks after fires north of Reno scorched 100,000 acres.
The Gibbon Conservation Center cares for some 40 gibbons today, whose singing can sometimes be heard a mile away in the outskirts of Santa Clarita.
Days before the Aug. 24 reopening, Sonora — chosen as the safe crossing point — confirmed its first case, 325 miles from the border.
Ohio Gov. Mike DeWine, who attended and praised the grand opening of the Dayton-area Buc-ee’s store in April, described the lawsuit as “absurd.”