Stocks fell slightly after jobless claims numbers and ahead of remarks from Fed Chair Jerome Powell.
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JPMorgan Settles With Victims of Jeffrey Epstein, Deceased Financier Charged With Sex Trafficking
The bank said it regrets its involvement with Epstein over the years that he was a JPMorgan client. The settlement must still be approved by the judge in the case.

Stock Market Today: Wall Street Rises, S&P 500 Hits Highest Level in More Than a Year
Stocks are ticking higher on Wall Street early Monday ahead of a big week for central banks and interest rates around the world.

Report: Billionaire Investor George Soros Cedes Control of Empire to Younger Son
Billionaire investor turned philanthropist George Soros is ceding control of his $25 billion empire to a younger son, Alexander Soros, according to an exclusive interview with The Wall Street Journal published online Sunday.

UBS Completes Takeover of Credit Suisse in Deal to Stem Financial Turmoil
UBS said Monday that it has completed its takeover of embattled rival Credit Suisse, nearly three months after the Swiss government hastily arranged a rescue deal to combine the country's two largest banks in a bid to safeguard Switzerland’s reputation as a global financial center and choke off market turmoil.

Illumina CEO Resigns Amid Pressure From Activist Investor Carl Icahn
Gene sequencing test maker Illumina Inc. said Sunday that its board has accepted the resignation of its CEO and director, Francis deSouza, effective immediately.

Lawmakers Propose Weakening Rule for Airfare Price Transparency
“Any consumer can tell you that online airline bookings are confusing enough," said William McGee, an aviation expert at the American Economic Liberties Project. "The last thing we need is to roll back an existing protection that provides effective transparency.”

Next Week on the Street: Trump in Court, Fed Meeting and More Earnings
Cheddar News checks in to see what to look out for Next Week on the Street as former president Donald Trump makes an appearance in federal court after being indicted. Investors will also keep an eye on the Federal Reserve meeting to see what comes out of that while earnings continue to pour in.

Google News Showcase to Launch This Summer
Google will launch its long-delayed News Showcase product this summer.

Walmart to Expand HIV Outreach Program
Walmart is expanding its HIV treatments, planning to add over 80 specialty facilities across nearly a dozen states by the end of the year.



