BUSINESS

The Fed Tries to Steer Clear of Politics, But Election Year Is Making It Tough

Economists are wondering whether political developments could play into both the Fed’s near-term decisions and its long-term independence.Economists are wondering whether political developments could play into both the Fed’s near-term decisions and its long-term independence. Banking and Financial Institutions, Presidential Election of 2024, Interest Rates, United States Politics and Government, United States Economy, Politics and Government, […]

The Fed Tries to Steer Clear of Politics, But Election Year Is Making It Tough Read More »

What to Watch as the Fed Makes Its Interest Rate Decision

Policymakers are expected to leave borrowing costs unchanged, but investors are bracing for signals that rates will stay higher for longer.Policymakers are expected to leave borrowing costs unchanged, but investors are bracing for signals that rates will stay higher for longer. Banking and Financial Institutions, Interest Rates, United States Economy, Inflation (Economics), Federal Reserve System, Powell,

What to Watch as the Fed Makes Its Interest Rate Decision Read More »

Federal Money Is All Over Milwaukee. Biden Hopes Voters Will Notice.

White House officials have barnstormed Wisconsin to make the connection between big changes and their signature laws.White House officials have barnstormed Wisconsin to make the connection between big changes and their signature laws. Presidential Election of 2024, American Rescue Plan (2021), Federal Aid (US), Infrastructure (Public Works), Inflation Reduction Act of 2022, Biden, Joseph R Jr,

Federal Money Is All Over Milwaukee. Biden Hopes Voters Will Notice. Read More »

China’s Electric Cars Keep Improving, a Worry for Rivals Elsewhere

More capable autonomous driving is just one way Chinese automakers are threatening to pull ahead — their E.V.s are also becoming bigger and roomier.More capable autonomous driving is just one way Chinese automakers are threatening to pull ahead — their E.V.s are also becoming bigger and roomier. Automobiles, Electric and Hybrid Vehicles, International Trade and World

China’s Electric Cars Keep Improving, a Worry for Rivals Elsewhere Read More »

Same-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8%

After the chain’s quarterly earnings missed Wall Street’s estimates, its shares fell more than 12 percent in after-hours trading.After the chain’s quarterly earnings missed Wall Street’s estimates, its shares fell more than 12 percent in after-hours trading. Coffeehouses, Starbucks Corporation, Consumer Behavior, Coffee, Company Reports Read More

Same-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8% Read More »

PG&E Seeks Approval to Sell Stake in Its Power Operations

California’s largest utility said its proposed deal with the global investment firm KKR could reduce customer rates by $100 million over 20 years.California’s largest utility said its proposed deal with the global investment firm KKR could reduce customer rates by $100 million over 20 years. Pacific Gas and Electric Co, KKR Financial Holdings LLC, California, Alternative

PG&E Seeks Approval to Sell Stake in Its Power Operations Read More »

Binance Founder Sentenced to 4 Months in Prison

Changpeng Zhao, the founder and former chief executive of the Binance cryptocurrency exchange, had pleaded guilty to a money-laundering violation.Changpeng Zhao, the founder and former chief executive of the Binance cryptocurrency exchange, had pleaded guilty to a money-laundering violation. Binance, Zhao, Changpeng, Virtual Currency, Money Laundering, High Net Worth Individuals, Computers and the Internet, Justice Department,

Binance Founder Sentenced to 4 Months in Prison Read More »

Even as He Faces Prison Time, Binance’s Founder Plans a Comeback

Since pleading guilty to violating money-laundering rules, Changpeng Zhao, who ran the giant crypto exchange Binance, has networked across the United States to set up his next act.Since pleading guilty to violating money-laundering rules, Changpeng Zhao, who ran the giant crypto exchange Binance, has networked across the United States to set up his next act. Virtual

Even as He Faces Prison Time, Binance’s Founder Plans a Comeback Read More »

Biden Tax Increases Won’t Hit Middle Class, Yellen Says

Republicans pressed the Treasury secretary on President Biden’s tax proposals and the fate of the Trump tax cuts that will expire in 2025.Republicans pressed the Treasury secretary on President Biden’s tax proposals and the fate of the Trump tax cuts that will expire in 2025. United States Politics and Government, Tax Cuts and Jobs Act (2017),

Biden Tax Increases Won’t Hit Middle Class, Yellen Says Read More »