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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…
Finance

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.…
Economy

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…
Economy

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…
Politics

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…
Politics

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…
Politics

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…
Politics

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…
Politics

Schumer urges FDA to probe Prime energy drink backed by YouTube stars Logan Paul and KSI

WASHINGTON — Senate Majority Leader Chuck Schumer is calling on the Food and Drug Administration to look into a sports…
Finance

This is ‘the end of the beginning’ of the battle against inflation, economist says

Central banks are at “the end of the beginning” in their battle against inflation, as several factors keep core prices…