The FTC estimates its ban will help create 8,500 new businesses and increase average annual worker wages by $524.
The top 50 companies in the index have seen a collective 4.5% skid so far in April, while the bottom 50 have slipped 8.6%.
Dealmaking-related revenue at a handful of major investment banks collectively rose 27% year-over-year in the first quarter.
In the first three months of the year, the investment bank scored a 16% jump in revenue and $4.1 billion in net income, a 28% rise.
JPMorgan Chase wants to predict overly-aggressive investors with AI.
Activist investor Nelson Peltz has earned a huge win in his protracted battle of wills with Disney CEO Bob Iger.
The industry is taking advantage of banks’ newfound interest in offloading some of the consumer debt on their books.
“The risk of not making the most of the technology is much higher.”