'Too early to declare victory' on inflation, Chicago Fed president says
Chicago Federal Reserve Bank President Austan Goolsbee said Sunday that although the central bank has made good progress in bringing down inflation it's "too early to declare victory."
BlackRock, State Street face subpoenas in House ESG probe
The House Judiciary Committee announced Friday that leading asset managers BlackRock and State Street will face subpoenas amid the panel's investigation of ESG investing.
Armed jewelry store worker sends would-be thieves running, stumbling in fear
An armed consignment shop employee scared off suspected would-be robbers when he pointed his gun at them and warned them he was armed, video shows.
Major shipping companies suspend Red Sea journeys following Houthi attacks
Several shipping companies have halted journeys through the Red Sea and the Bab-el-Mandeb strait following a spate of attacks by Yemen's Houthi movement, an Iran-aligned group.
Biden administration snoops around big banks to assess climate risk plans for investments and loans
The Biden administration has conducted a "discovery review" of more than two dozen large banks with assets totalling over $100 billion to determine their plans to manage climate risk.
10 IEDs found at US-Mexico border in cartel gunfight
U.S. Customs and Border Protection is warning agents to look out for explosive devices after the Mexican military seized 10 IEDs following a cartel gunfight on the Arizona border.
US senator tells Pope Francis to slow his roll on AI regulation
Senate Intelligence Committee Chairman Sen. Mark Warner, D-Va., said Thursday that Congress is not ready to join an international treaty called for by Pope Francis to regulate AI.
Elon Musk must testify in SEC probe of Twitter takeover, according to tentative ruling
A federal judge tentatively ruled Elon Musk will have to testify before SEC investigators about his $44 billion takeover of Twitter and whether his disclosures were misleading.
Ex-FBI official gets 4 years for working with Russian oligarch dubbed Putin 'henchman'
Charles McGonigal has been sentenced to four years in prison after pleading guilty to working for sanctioned Russian oligarch Oleg Deripaska.
Biden administration says Medicare owed rebates for drug prices that outpaced inflation
The Biden administration announced Thursday that it is requiring pharmaceutical companies to pay rebates to Medicare after noticing that certain drug prices rose more rapidly than inflation.
Fed decides no interest rate bump in December, indicates cuts ahead
The Federal Reserve announced a third interest rate pause during its December meeting on Wednesday, still leaving the federal funds rate at a 22-year high of 5.25% to 5.5%.
Pharmacies share medical records with police without warrants
The nation's largest pharmacies hand patients' medical records over to law enforcement without requiring a warrant, a congressional inquiry has found.
Washington state Democrat bill would jail people for violating ban on gas leaf blowers
A bill introduced by Washington state Democrats would ban new gas-powered small engine lawn equipment, like leaf blowers, and could land violators in jail.
US and UK team up to hit Hamas financiers with new sanctions
The United States and United Kingdom have announced a fourth round of sanctions on Hamas officials, this time targeting key financiers belonging to the terrorist organization.
November inflation slows to 3.1%, led by falling gas prices
On an annual basis, consumer prices rose 3.1% in November, down from 3.2% growth last month and in line with economists' expectations.
CCP select committee offers policies for US to beat China on economic front
The House panel looking into the strategic competition between the U.S. and the Chinese Communist Party aims to reset the economic relationship between the U.S. and China.
Puma to drop sponsorship of Israel's national soccer team next year, decision 'unrelated' to BDS movement
Puma said its decision to terminate its sponsorship contract with the Israel Football Association was 'unrelated to any external causes'
China-made C919 lands in Hong Kong in maiden flight outside mainland, viewed as future Boeing competitor
Two Chinese-made passenger aircraft – the C919 and the ARJ21 – landed in Hong Kong on Tuesday, marking a significant milestone in China's aviation goals to compete with the West.
Holiday shoppers warned of disturbing gift card scam likely padding Chinese bank accounts
The Sacramento County Sheriff's Office arrested a Chinese national suspected of running a gift card scam that allegedly pads foreign bank accounts with shoppers' money.
New report shows Russia raking in revenue from state nuclear company
New Report from the Foundation for the Defense of Democracies outlines how Russia's nuclear energy corporation helps raise revenue for Russia's war in Ukraine



















