BUSINESS

Powell Says He Will Remain as Fed Chair Until Successor Is Confirmed

Jerome H. Powell, who leads the central bank, also said he would not leave the Fed until a criminal investigation into his handling of renovations was over.Jerome H. Powell, who leads the central bank, also said he would not leave the Fed until a criminal investigation into his handling of renovations was over. Banking and Financial […]

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F.D.A. Investigates 7 E. Coli Illnesses as Raw Dairy Farm Denies Any Link

The outbreak has sickened people in California, Texas and Florida. The agency said Cheddar cheese products from Raw Farm are “the likely source,” but the company denies it and has not recalled them.The outbreak has sickened people in California, Texas and Florida. The agency said Cheddar cheese products from Raw Farm are “the likely source,”

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Iran’s South Pars Gas Field Is Attacked, Sending Energy Prices Soaring

The field is part of a vast gas reservoir shared by Iran and Qatar. The strike appeared to be one of the most significant attacks on an energy site since the U.S.-Israeli air war against Iran began.The field is part of a vast gas reservoir shared by Iran and Qatar. The strike appeared to be

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Trump Renews Demand for Rate Cuts as Fed Grapples With War in Iran

Oil prices are soaring, threatening a wider problem with inflation, but the president has insisted that borrowing costs must be lowered.Oil prices are soaring, threatening a wider problem with inflation, but the president has insisted that borrowing costs must be lowered. US and Israeli Attack on Iran (2026), Oil (Petroleum) and Gasoline, Prices (Fares, Fees and

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U.S. Suspends Oil Shipping Rules to Ease Gas Price Pressures

The Jones Act dictates that only ships made in the United States can transport cargo between U.S. ports. Such vessels, which must also be crewed by Americans, charge customers more than foreign ships.The Jones Act dictates that only ships made in the United States can transport cargo between U.S. ports. Such vessels, which must also

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