House China committee targets top clothing brands in forced labor inquiry
WASHINGTON — A House committee examining the U.S. government’s economic relationship with China is asking some of the world’s largest…
After First Republic’s rescue, economists predict further pain with a ‘new era’ of higher inflation
After the rescue of First Republic Bank by JPMorgan Chase over the weekend, leading economists predict a prolonged period of…
3 indicators the job market is seeing what one economist calls an ‘unambiguous cooldown’
The job market is still hot but is clearly slowing from the scorching levels seen during much of the past…
Lawmakers led by Democrats urge the Fed to halt rate hikes ahead of Wednesday’s announcement
WASHINGTON — A group led by several prominent Democratic lawmakers is calling on the Federal Reserve to halt rate hikes…
‘Other problems might be lurking’: Strategist is unconvinced by Jamie Dimon’s bank crisis comments
JPMorgan Chase CEO Jamie Dimon’s assertion that recent turmoil in the banking sector was effectively ended by the resolution of…
Lawmakers urge SEC to crack down on Chinese retail giant Shein over alleged forced labor
WASHINGTON — Bipartisan lawmakers are urging the nation’s top markets regulator to require Chinese fast-fashion giant Shein to disclose potential…
The U.S. could hit the debt ceiling by June 1, much sooner than expected, Yellen warns
WASHINGTON — Treasury Secretary Janet Yellen on Monday warned that the United States may run out of measures to pay its…
Bipartisan Senate bill would push ticket sellers to disclose fees upfront
WASHINGTON — Swifties, the BeyHive and Cure fans may have a reason to rejoice: Senators on Wednesday are set to…
Supreme Court says abortion pill mifepristone will remain broadly available during legal battle
The Supreme Court on Friday ordered the abortion pill mifepristone to remain broadly available as litigation plays out in a…
Treasury proposes new process to spot risks after SVB, Signature Bank failures
WASHINGTON — The Treasury Department’s risk oversight arm on Friday proposed new tools for spotting issues in the U.S. financial…
