Yesterday, President Trump put an end to Congress’ efforts to assemble a fiscal stimulus package, instructing his representatives to stop negotiating until after the election.
Jane Fraser’s ascension as Citigroup’s CEO answers a question many have had for years: When would the U.S. banking industry, dominated by men in leadership positions for decades, get its first female big bank CEO?
U.S. stocks are rising after their greatest decline in months, Congress is voting on a “skinny” version of a stimulus bill, and LVMH’s agreement to buy Tiffany’s at $16 billion is falling apart.
