business news

Sen. Bob Menendez pleads not guilty to pocketing bribes in a wide-ranging corruption case

U.S. Sen. Bob Menendez of New Jersey pleaded not guilty on Wednesday to federal charges accusing him of pocketing bribes…

Fed’s Neel Kashkari isn’t sure if interest rates are high enough to stop inflation

Minneapolis Federal Reserve President Neel Kashkari said Wednesday he’s unsure whether the central bank has raised interest rates enough to…

Gensler is testifying before Congress and facing increasing lawsuits over his many rule changes

Securities and Exchange Commission Chair Gary Gensler is testifying before the House Financial Services Committee today. It will be very much…

Stocks making the biggest moves premarket: Levi Strauss, Costco, ChargePoint, Mattel and more

Check out the companies making headlines in premarket trading. Sirius XM — Shares of the media company fell roughly 2%…

U.S. Latino economic output grows to $3.2 trillion, according to new study

The U.S. Latino economy continues to grow, reaching $3.2 trillion in 2021, up from $2.8 trillion the year prior, according…

A ‘dark horse’ Republican candidate could emerge as Trump’s legal problems mount, ex-U.S. ambassador says

A growing legal headache for early front-runner Donald Trump could pave the way for a “dark horse” 2024 Republican presidential…

Binance to sell Russia business for undisclosed amount

Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company…

The U.S. is weaker now than when we downgraded in 2011, former S&P ratings chairman says

The U.S. is in a weaker position now than when S&P downgraded its sovereign credit rating in 2011, according to…