business news

Ripple CEO says SEC has lost sight of mission to protect investors

The CEO of blockchain company Ripple has some strong words for the U.S. Securities and Exchange Commission. Brad Garlinghouse told…

Moody’s cuts U.S. outlook to negative, citing deficits and political polarization

Moody’s Investors Service on Friday lowered its ratings outlook on the United States’ government to negative from stable, pointing to…

Yellen and China’s He to ‘intensify communication’ after pre-APEC meetings

U.S. Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng agreed to “intensify communication” and work together on a…

Fed’s Mary Daly says it’s ‘too early to declare victory’ on inflation

Tighter monetary policy is helping bring down the pace of inflation but not to a level where policymakers should feel…

COVID-19 fraudsters bought fancy cars, a Pokemon card – even a private island

YANKEETOWN, Fla. (AP) — A freshwater spring bubbles amid the mangroves, cabbage palms and red cedars on Sweetheart Island, a…

‘T-bill and chill’: Why Jack Bogle’s strategy of ‘lazy’ investing is making a comeback

Boring investing is making a comeback. With the meme-stock rally in the rearview mirror and interest rates surging, individual investors…

Trump admits ‘various people’ saw ‘papers and boxes’ brought from White House

A Florida federal judge appointed by former President Donald Trump rejected his request — for now, at least — to…

GOP Rep. Elise Stefanik files ethics complaint against Trump NY fraud trial judge

House Republican Conference Chair Rep. Elise Stefanik on Friday filed an ethics complaint calling for the removal of a judge…

Federal appeals court calls Biden’s ‘ghost gun’ limits unlawful

A federal appeals court on Thursday ruled that the Biden administration lacked authority to adopt a regulation aimed at reining…