Last Update June 13, 2023, 8:46 AM EDT

Stock Market News: JPMorgan - Epstein settlement, Nasdaq deal, Oracle on tap

Stocks kickoff the week higher as investors await consumer inflation data and the Federal Reserve’s decision on interest rates. JPMorgan will settle with the victims of pedophile Jeffrey Epstein, the Nasdaq is buying financial software firm Adenza for $10.5 billion and George Soros hands the reigns over to his son. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.

Covered by: FOX Business Team

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Breaking News

1:21 PM, June 12, 2023

Microsoft, Activision deal

FTC blocking Microsoft's $69 billion Activision deal

The Federal Trade Commission (FTC) is reportedly planning to block Microsoft’s $69 billion purchase of video game maker Activision Blizzard, maker of best selling game, Call of Duty.

The Federal Trade Commission is reportedly planning to block Microsoft's $69 billion purchase of Activision, according to multiple reports.

Microsoft Corp.

$

326.79

Posted by FOX Business Team

Breaking News

9:30 AM, June 12, 2023

JPMorgan, Epstein victims

BUSINESS-LEADERS

JPMorgan agrees to settle Jeffrey Epstein victim class action lawsuit

JPMorgan Chase reached an "agreement in principle" to settle a class action lawsuit filed by victims of Jeffrey Epstein, the bank announced Monday.

JPMorgan, the nation's biggest bank, is settling with the victims of pedophile Jeffrey Epstein.

Jpmorgan Chase Co.

$

141.04

Posted by FOX Business Team

9:27 AM, June 12, 2023

Week Ahead

Fed pause? CPI inflation data, CAVA IPO top week ahead

The Federal Reserve's decision on rates, consumer and producer inflation data, retail sales, GameStop's annual meeting and a potential spicy IPO top the week ahead on Wall Street.

A busy week for investors with the Federal Reserve decision and inflation data on tap.

Posted by FOX Business Team

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