Wall Street CEOs try to convince senators that new capital rules will hurt Americans as well as banks
Wall Street CEOs on Wednesday pushed back against proposed regulations aimed at raising the levels of capital they’ll need to…
Former Speaker Kevin McCarthy to resign from Congress at year-end
Former House Speaker Kevin McCarthy said Wednesday he will resign from Congress at the end of the year. McCarthy, the…
Private payrolls increased by 103,000 in November, below expectations, ADP says
Private sector job creation slowed further in November and wages showed their smallest growth in more than two years, payrolls…
Bank of England warns that higher rates ‘have yet to come through’ to an already weak economy
LONDON — The Bank of England on Wednesday warned that although household finances are faring better than expected, higher borrowing…
New Trump administration will come after the media, ally warns
A second Donald Trump administration will take action “criminally or civilly” against people in the media, an ally of the…
Saudi Arabia offers 30-year tax relief plan to lure regional corporate HQs
DUBAI, United Arab Emirates — Saudi Arabia announced a 30-year tax exemption package for foreign companies establishing their regional headquarters…
U.S. consumers will soon wake up to ‘out of control’ interest on their credit cards, economist says
The U.S. economy should be able to avoid a recession next year — but a sharp pullback in consumer spending…
‘You can’t just make your own rules’: Tesla faces Scandi revolt as Danes join Swedish strike
Tesla faces a growing revolt in Scandinavia after Danish dockworkers joined a sympathy strike with Swedish mechanics, heaping pressure on…
