New York Attorney General Letitia James speaks outside New York Supreme Court ahead of former President Donald Trump’s civil business fraud trial on October 2, 2023 in New York. John Lamparski | AFP | Getty Images New York Attorney General Letitia James sued the operator of the Zelle payments network on Wednesday for allegedly enabling … Read more

The Trump administration is considering 11 candidates to replace Federal Reserve Chairman Jerome Powell when his term expires in May, including three who have not previously been publicly named, according to two administration officials who declined to be named. The new names include Jefferies Chief Market Strategist David Zervos, former Fed Governor Larry Lindsey and … Read more

David Zervos, Jefferies Scott Mlyn | CNBC The chances that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve chair are jumping on prediction market Kalshi as the Trump administration considers several candidates to succeed current Fed Chair Jerome Powell once his term expires next year. Users on Kalshi increased their bets … Read more

Check out the companies making the biggest moves midday: Paramount Skydance — The media giant popped more than 31%, putting it on track for its best day ever. It wasn’t clear what drove the surge. H & R Block — The tax preparation company posted fiscal fourth-quarter earnings of $2.27 per share, higher than the … Read more