Kentucky Democratic Gov. Andy Beshear wins reelection over challenger backed by Trump
Kentucky Gov. Andy Beshear, a Democrat, is projected to win reelection to a second term in office Tuesday, defeating Republican…
Fed’s Goolsbee says ‘golden path’ of a huge drop in inflation without a recession is still possible
Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table as the central bank seeks…
Citigroup considers deep job cuts for CEO Jane Fraser’s overhaul, called ‘Project Bora Bora’
When Citigroup CEO Jane Fraser announced in September that her sweeping corporate overhaul would result in an undisclosed number of…
Berkshire Hathaway posts a 40% jump in operating earnings, cash pile swells to a record $157 billion
Berkshire Hathaway on Saturday reported a big jump in third-quarter operating earnings, while sitting on a record amount of cash…
Unemployment among Hispanic workers rises at faster pace in October than overall rate
The labor market showed greater deterioration for Hispanic workers, whose unemployment rate rose more than that of the U.S.’, according…
Hunter Biden decries GOP lawmakers, media for ‘weaponization of my addiction’ amid probes, criminal charges
Hunter Biden, son of President Joe Biden, on Thursday denounced congressional Republicans and right-wing media figures for using his well-known…
Amazon unveils buy now, pay later option from Affirm for small business owners
Amazon is unveiling its first buy now, pay later checkout option for the millions of small business owners who use…
DoubleLine’s Gundlach says interest rates are going to fall as recession arrives early 2024
DoubleLine Capital CEO Jeffrey Gundlach believes interest rates are about to trend lower as the economy deteriorates further and tips into a…
Republican Reps. Kay Granger, Ken Buck announce they won’t seek reelection
Republican Rep. Ken Buck of Colorado on Wednesday announced he will not seek reelection next year, saying he was “disappointed”…
Stanley Druckenmiller says government needs to stop spending like ‘drunken sailors,’ cut entitlements
Billionaire investor Stanley Druckenmiller said the federal government has been spending recklessly and failed to issue debt at low rates in past…
