Chuck Schumer gives campaign donations from Silicon Valley Bank’s ex-CEO, PAC to charity
Senate Majority Leader Chuck Schumer gave campaign contributions from former Silicon Valley Bank CEO Greg Becker and the bank’s PAC…
Fed’s Powell heads to Capitol Hill this week, and he’s going to have his hands full
Federal Reserve Chairman Jerome Powell is set to appear before Congress with a tall task: Persuade legislators that he’s committed…
Warren unveils bill to repeal Trump-era bank deregulation she says led to SVB, Signature collapses
WASHINGTON — A group of Democratic senators introduced new legislation Tuesday to repeal Trump-era bank deregulations they say created the…
How China’s shifting growth picture could hit global markets
China’s economy will be forced to recalibrate because of a “fractured” global order, and the new drivers of growth will…
UK government announces spending, tax plans as strike action disrupts schools and travel
U.K. Finance Minister Jeremy Hunt delivered the government’s Spring Budget on Wednesday. In a wide-ranging speech, Hunt said that the…
Private payrolls rose by 242,000 in February, better than expected, ADP says
Companies added jobs at a brisk pace in February as the U.S. labor market kept humming, payroll services firm ADP…
Top Senate Democrats press DOJ, SEC to investigate whether Silicon Valley Bank executives broke any laws
WASHINGTON — Top Democratic lawmakers pressed the Justice Department and the Securities and Exchange Commission to open a probe into…
Job openings declined in January but still far outnumber available workers
Job openings declined slightly in January but still far outnumber available workers as the labor picture remains tight, according to…
Pfizer will have to pay rebates to Medicare for five drugs under Biden plan to lower Rx costs
Five of Pfizer’s drugs will cost less for Medicare recipients starting next month as part of President Joe Biden’s plan…
UK economy rebounds with stronger-than-expected January GDP print
LONDON — The U.K. economy grew by 0.3% in January, official figures showed on Friday, exceeding expectations as it continues…
