Fed Governor Bowman casts doubt on the need for a U.S. digital dollar
Federal Reserve Governor Michelle Bowman expressed skepticism over the possibility of a digital U.S. dollar, noting Tuesday the multiple risks…
Biden signs executive order expanding access to dependent care aid as he gears up for 2024 bid
WASHINGTON — President Joe Biden signed an executive order Tuesday that aims to expand access to care for children, the elderly…
Damar Hamlin cleared to resume football activities after January cardiac arrest
CNN — Buffalo Bills safety Damar Hamlin, who has been cleared to resume football activities, said Tuesday his cardiac arrest…
The US could hit the debt ceiling deadline in June, sooner than expected amid weak tax collections, Goldman Sachs says
The US government may hit its debt limit in June, which would be sooner than anticipated, Goldman Sachs says. “Weak”…
Fewer new cars qualify for $7,500 electric vehicle tax credit. Here are 2 alternatives
The number of new electric vehicles eligible for a $7,500 federal tax credit fell by almost half on Tuesday, as…
Fed’s Bostic sees one more quarter-point rate hike, then a hold ‘for quite some time’
Atlanta Federal Reserve President Raphael Bostic said Tuesday he envisions the central bank approving one more interest rate increase before…
Here’s why Morgan Stanley’s top equity strategist is staying bearish on stocks despite the latest rally
Morgan Stanley’s top equity strategist Mike Wilson is staying bearish on the stock market despite the latest rally. Wilson pointed…
Stocks are unlikely to retest bear market lows and there’s too much pessimism about the US economy, market veteran Ed Yardeni says
There’s too much pessimism about the US economy, says Ed Yardeni at Yardeni Research. He told CNBC that investors may…
Rents just fell to their lowest level in over a year as ballooning prices from the pandemic start to deflate, Redfin says
Rents in March declined to their lowest level in over a year, according to data from Redfin. That’s largely due…
