The fight against corruption, and the implementation of compliance programs to prevent bad practices in public and private companies, is more accessible than ever before, thanks to blockchain technology.
The bank accidentally wired struggling Revlon an amount that paid off the entirety of a term loan, rather than a much smaller interest payment. Now, the cosmetic firm's other lenders won't give the money back.
Following in the footsteps of inflation-slayer Volcker, Powell openly endorses raising rates into restrictive territory with the aim of cooling off the labor market.