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…
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…
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…
Barack Obama: Former US President and basketball fan fills out his 2023 March Madness brackets
CNN — Barack Obama’s love of basketball is well known so it comes as no surprise that the former US…
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…
Apple, Amazon, Google will likely get a reprieve from GOP-controlled House on antitrust legislation
Tech giants Google, Amazon and Apple are likely to get a reprieve in Congress this year from efforts to rein…
DOJ charges Chinese businessman Guo Wengui, associate of Steve Bannon, in $1 billion fraud
Controversial exiled Chinese billionaire Guo Wengui — an associate of former Trump White House advisor Steve Bannon — was arrested…
Unemployment for Black and Hispanic women rose in February, but more workers join the labor force
The unemployment rate for Black and Hispanic women rose in February, but so did the number of people looking for…
Trump super PAC accuses Ron DeSantis of ‘shadow’ presidential bid in ethics complaint
A pro-Trump super PAC on Wednesday said it is filing an ethics complaint against Florida Gov. Ron DeSantis, accusing him…
