business news

Ex-fugitive in $100 million New Jersey deli case leaves Thailand for U.S. court hearing

A former fugitive charged with stock manipulation in the bizarre case of a money-losing New Jersey deli once valued at…

Tesla is not the only company reviewing its Europe investment after Biden’s Inflation Reduction Act

Tesla recently announced a strategy shift away from Europe as it seeks to benefit from unprecedented subsidies in the United…

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…