Vinod Khosla and other architects of Nextdoor Holdings Inc.'s blank-check merger duped investors into a doomed deal that gave insiders a windfall, according to a lawsuit challenging the transaction.

Norfolk Southern Corp. should continue to face an investor lawsuit alleging that the company failed to disclose increased risk-taking practices prior to a 2023 train derailment in East Palestine, Ohio, a federal magistrate judge said in a recommendation.

The Labor Department’s rule classifying more retirement advice providers as fiduciaries hit another major roadblock when a second Texas federal judge issued an order temporarily blocking the rule from taking effect.

His cowboy-and-superhero nonfungible tokens led Donald Trump down the digital-asset rabbit hole. He emerged as a crypto advocate, and now industry heavyweights are lining up to return him to the White House.

Mozambique won a fraud case over a $2 billion bond scandal that embroiled Credit Suisse and created a financial crisis for the southern African nation.

The Federal Reserve has rightly promised to follow the data. Yet financial markets are awaiting not one cut, but a “pivot” to a path of lower rates. This perception is unhelpful. It assigns the next move, however modest or tentative, too much importance, and it could tie the Fed’s hands should conditions change.