Bill Hwang Judge Considers Reducing 18-Year Prison Sentence

Published on November 21, 2024

The collapse of his family office contributed to the demise of Credit Suisse and losses at Morgan Stanley.

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Unemployment Claims Down 6K, Better Than Expected

November 21, 2024
In the week ending November 16th, initial jobless claims were at a seasonally adjusted level of 213,000. This represents a decrease of 6,000 from the previous week's figure and is slightly better than forecasts for 220,000.

CB Leading Economic Index: Continues to Fall in October

November 21, 2024
The Conference Board Leading Economic Index (LEI) decreased in October to its lowest level since March 2016. The index fell 0.4% from the previous month to 99.5, marking its eighth consecutive monthly decline.