U.S. Economy

Inflation Reduction Act spurs $500 billion in investments — and much is going to underserved communities, Treasury says

WASHINGTON — The Treasury Department on Wednesday announced that billions of dollars slated for investments in clean energy, electric vehicles…

Biden takes a victory lap one year after signing Inflation Reduction Act

WASHINGTON — President Joe Biden celebrated the one year anniversary of the signing of the Inflation Reduction Act, arguing that the…

CFPB to crack down on data brokers, Chopra says at White House event

WASHINGTON — The White House on Tuesday held a roundtable examining potentially harmful data broker practices, part of an administration…

Yellen says the U.S. economy is on track for stable growth thanks to Inflation Reduction Act boost

WASHINGTON — Treasury Secretary Janet Yellen on Monday said the Inflation Reduction Act, the 2022 law that spurred major investments…

Death toll from Hawaii wildfires will rise as search teams comb Lahaina wreckage, governor says

The death toll, now at 96, from catastrophic wildfires in Hawaii is expected to rise significantly in the coming days…

House Republicans are furious about Hunter Biden special counsel

WASHINGTON — After more than two years of demanding that the Justice Department appoint a special counsel to investigate Hunter…

Trump-appointee David Weiss named special counsel in Hunter Biden probe as DOJ calls for trial

WASHINGTON — U.S. Attorney General Merrick Garland announced on Friday that David Weiss, the federal prosecutor in Delaware who has led the criminal…

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…