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Federal Reserve Chairman Jerome Powell alleviated some concerns of a looming economic recession after he rejected the possibility of an even larger interest rate hike than the one the U.S. central bank announced on Wednesday. Bond yields fell and stocks…

On Monday night, Politico reported that the Supreme Court was preparing to overturn Roe v. Wade. The outlet secured an unprecedented leaked draft opinion from the highest court in the land set to strike down the landmark ruling, which SCOTUS later confirmed to be…

The $1.2 trillion bipartisan Infrastructure Investment and Jobs Act is set to disperse hundreds of billions toward overhauling aging infrastructure around the country, including roads, bridges, power lines, plumbing and public transit. According to Siemens USA CEO Barbara Humpton, however,…

Former President Donald Trump on Tuesday lost an effort at a New York appeals court to stay a contempt order, and as a result still owes a fine of $10,000 per day. Trump on April 25 was found in contempt…

(Bloomberg) — African-American farmers lost about $326 billion worth of land in the U.S. due to discrimination during the 20th century, a study found. Most Read from Bloomberg Biggest Treasury Buyer Outside U.S. Quietly Selling Billions End of Easy Money…

Tesla’s (TSLA) – Get Tesla Inc Report investors and fans will have to wait — patiently or not. Many of them had May 2 marked on their calendars as the date on which the manufacturer of high-end electric vehicles was…

Frank Ottomanelli, the owner of S. Ottomanelli & Sons Prime Meats in New York, said on Monday that he has been forced to raise prices between 5 and 10% because of inflation. Speaking from his location in Queens, N.Y. during…

Some Apple employees are pushing back against the company’s plans to have employees come back to the office, saying such policies will make the tech giant “younger, whiter, (and) more male-dominated.” The group, “Apple Together,” which comprises some 200 employees…

Inflation is pushing central banks to shrink their balance sheets as they hike interest rates, adding a new risk for the world economy. The global shift away from easy money is poised to accelerate as a pandemic bond-buying blitz by…