Hawaii wildfires leave dozens dead, thousands homeless in one of the worst disasters in state history
Catastrophic wildfires in Hawaii have left devastation in their wake, killing dozens, leaving thousands homeless and reducing a historic town…
‘Dangerous point for investors’: Strategist warns of overconfidence about A.I.
Market participants are “overconfident” about their ability to predict the long-term effects of artificial intelligence, according to Mike Coop, chief…
Top regulators defend stricter merger guidelines, call ‘hysteria’ overblown
WASHINGTON — Two of the nation’s top corporate regulators on Thursday defended new guidelines on merger enforcement that have attracted…
Hawaii wildfires: Biden vows immediate aid, deploys military to assist victims
President Joe Biden on Thursday vowed immediate assistance for Maui residents who have lost loved ones and their homes in…
Biden seeks nearly $40 billion in funding for Ukraine, disaster relief and border
WASHINGTON — The White House unveiled a nearly $40 billion supplemental funding request on Thursday to provide additional aid to Ukraine and…
Biden embraces July inflation report: ‘That’s Bidenomics’
WASHINGTON — Despite a small rise in inflation last month over June’s rate, President Joe Biden on Thursday insisted that July’s…
Interest rates should stay around 5% for longer — even as inflation falls, top economist Jim O’Neill says
Veteran economist Jim O’Neill says central banks will need to keep interest rates up around 5% across major economies for…
White House restricts U.S. investment in some Chinese tech, citing national security concerns
WASHINGTON — President Joe Biden signed an executive order on Wednesday aimed at regulating new U.S. investments and expertise that supports Chinese…
Democrats need to show voters ‘ground level’ benefits of the Inflation Reduction Act, ex-White House economist says
WASHINGTON — Brian Deese, former director of the National Economic Council under President Joe Biden, touted the financial boost provided…
Former Biden and Clinton advisor to chair Democratic National Convention in Chicago
WASHINGTON — The Democratic National Committee announced a new leadership team Tuesday for its 2024 convention, adding members of President…
