business news

Pelosi refuses to say she supports Biden as the Democratic nominee

Former Democratic House Speaker Nancy Pelosi on Wednesday refused to explicitly endorse President Joe Biden as the party’s presidential nominee,…

The Fed may soon cut interest rates. That could make your next trip abroad more expensive

The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive…

Watch Fed Chair Jerome Powell testify live before the House financial services panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

With Chevron reversal, Supreme Court paves way for a ‘legal earthquake’

Four days after the Supreme Court ruled in the case of Loper Bright Enterprises vs. Raimondo, overturning the 40-year-old precedent…

Bill Gross says Tesla is the new meme stock

Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors. “Tesla acting like a…

As NATO meets, leaders look to ‘Trump-proof’ the military alliance

As NATO celebrates its 75th anniversary with a summit in Washington this week, the alliance is facing some familiar foes…

China’s inflation numbers miss expectations, rising 0.2% in June

BEIJING — China’s consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices…

Biden announces new NATO aid for Ukraine, as his reelection campaign teeters

President Joe Biden announced new commitments to help Ukraine bolster its air defense against Russia in a speech Tuesday commemorating…

Suspected carjacker shot outside home of Supreme Court Justice Sonia Sotomayor

A deputy U.S. Marshal tasked with protecting Supreme Court justices’ homes shot an alleged armed carjacker near the Washington residence…