Morgan Stanley credits Bidenomics for ‘much stronger’ than expected GDP growth
WASHINGTON — Morgan Stanley is crediting President Joe Biden’s economic policies with driving an unexpected surge in the U.S. economy…
Junk fees, medical debt and artificial intelligence: CFPB chief lays out regulatory agenda
Rohit Chopra has lofty plans for the Consumer Financial Protection Bureau to tackle artificial intelligence threats, medical-debt reporting, exorbitant credit…
House Republicans target proxy advisors in latest hearing picking apart ESG investing
WASHINGTON — A Republican-led House Financial Services subcommittee held a second hearing Thursday scrutinizing the Biden administration’s environmental, social and…
St. Louis Fed President Bullard says he’s stepping down in August
The St. Louis Federal Reserve announced Thursday that Jim Bullard will step down from his post as president, effective Aug.…
Strategist David Roche says we’ll avoid a global recession, central banks will ‘change the goalposts’
The global economy will likely avoid a recession and central banks will need to “change the goalposts” on inflation, according…
June wholesale prices rise less than expected in another encouraging inflation report
The producer price index for June had a smaller-than-expected increase, the Labor Department reported Thursday, in the latest sign that…
Lawmakers tussle over GOP efforts to thwart ESG investing
WASHINGTON — House lawmakers clashed Wednesday over federally mandated environmental, social and governance disclosure requirements for companies rolled out amid…
FDA to review Schumer’s concerns about YouTube stars’ Prime Energy drink
WASHINGTON — The Food and Drug Administration will address concerns raised by Senate Majority Leader Chuck Schumer about a caffeinated…
White House takes a victory lap after inflation report comes in cooler than expected
WASHINGTON — President Joe Biden on Wednesday celebrated new data that showed inflation cooling more quickly than expected. “Good jobs and…
PGA Tour officials defend LIV Golf deal in Senate hearing
The PGA Tour on Tuesday defended its controversial deal with the Saudi-backed LIV Golf league before senators, as scrutiny of…
