business news

U.S. House speaker McCarthy says lawmakers to move forward with TikTok bill

U.S. House of Representatives Speaker Kevin McCarthy said on Sunday lawmakers will move forward with legislation to address national security…

Biden’s pick to lead FAA withdraws amid shaky Senate support

President Joe Biden’s choice to run the Federal Aviation Administration has withdrawn his nomination, a setback for the administration that…

Mitch McConnell leaves rehab facility after therapy for concussion

Senate Republican leader Mitch McConnell said Saturday he has been released from the rehabilitation facility where he had physical therapy…

Deposit drain from smaller banks into financial giants like JPMorgan Chase has slowed, sources say

The surge of deposits moving from smaller banks to big institutions including JPMorgan Chase and Wells Fargo amid fears over…

Bank turmoil is boosting appetite for specific sector ETFs. Here’s why

It appears specific sector ETFs are gaining popularity as a way to cushion bank-turmoil fallout. According to VettaFi’s Todd Rosenbluth,…

Investing isn’t free. But here’s why 20% of investors think it is

Death and taxes are, as Benjamin Franklin famously declared, two of life’s certainties. Investment fees may be a worthy addition…

Nearly $100 billion in deposits pulled from banks; officials call system ‘sound and resilient’

Regulators again assured the public that the banking system is safe, as fresh data showed customers recently pulled nearly $100…

Judge declines Trump’s bid to stop ex-aides from testifying before grand jury in Jan. 6 probe

A federal judge ordered ex-President Donald Trump’s former aides, including his ex-chief of staff Mark Meadows, to testify before a…

Manhattan DA Alvin Bragg gets death threat with powder after Trump warns of probe-related violence

Manhattan District Attorney Alvin Bragg was threatened with assassination in a letter containing powder, hours after former President Donald Trump…

Biden and Trudeau promote strength of democratic alliance on heels of Putin, Xi meeting

President Joe Biden and Canadian Prime Minister Justin Trudeau aimed to show the strength of their democratic alliance during a…