Fed’s Jefferson Says Inflation High, But Policy ‘On Track’
Federal Reserve Governor Philip Jefferson said progress on inflation this year has been “mixed,” but noted that policy
1970-01-01 08:00
Soros Slashed Rivian Stake After 90% Drop From Peak, Exits Tesla
George Soros’s investment firm cut holdings in electric-vehicle makers, slashing a stake in Rivian Automotive Inc. after a
1970-01-01 08:00
US Urges Recall of 67 Million Air Bag Parts in Safety Mess
US regulators are urging a recall of 67 million air bag inflators they say could explode in a
1970-01-01 08:00
Dan Snyder Agrees to Sell Washington Commanders to Josh Harris-Led Group
Dan Snyder has agreed to sell the NFL’s Washington Commanders to a group led by Apollo Global Management
1970-01-01 08:00
Yellen Says ‘We Have to Default’ on Something If Congress Fails
Treasury Secretary Janet Yellen said that the federal government will have to renege on some payments if Congress
1970-01-01 08:00
Italy Survives Fitch Judgment in Boost for Meloni Before Moody’s
Italy retained a credit assessment two notches above junk from Fitch Ratings, a vote of confidence in the
1970-01-01 08:00
California’s Newsom Slams Congress for ‘Dumb’ Immigration Policy
California Governor Gavin Newsom slammed US House Speaker Kevin McCarthy for the country’s broken immigration system as tens
1970-01-01 08:00
US Bank Lending Retreated During Week of First Republic Failure
US loans and deposits fell slightly in the chaotic first week of May when First Republic Bank collapsed
1970-01-01 08:00
Fed’s Extreme Stranglehold Over Wall Street Trading Is Easing
Risky and safe assets alike have hung on every word and deed of Jerome Powell and Co. for
1970-01-01 08:00
EU Reaches Initial Agreement on Blueprint for China Relations
The European Union’s top envoys sought to project a united front on relations with China, reaching an initial
1970-01-01 08:00
Fraudulent Jobless Claims in Massachusetts Boosted Recent US Data
Fraudulent applications for unemployment benefits in Massachusetts have been behind a recent uptick in claims in the state,
1970-01-01 08:00
Biden to Nominate Kugler to Fed Post, First Latina on Board
President Joe Biden said he’d nominate Federal Reserve Governor Philip Jefferson as vice chair and Adriana Kugler as
1970-01-01 08:00