US approves Poland's bid to buy $10 billion in HIMARS, ammunition
The U.S. government has approved the potential sale of up to $10 billion of High Mobility Artillery Rocket Systems (HIMARS) to Poland, a key NATO ally in Eastern Europe.
Lawmakers hear from investors hampered by SEC's accredited investor rule
The Securities and Exchange Commission's accredited investor rules were the focus of a House hearing in which investors cited how its requirements restricted their investments.
As big tech’s growth and innovation slow, its market dominance endures
Google parent Alphabet and its cohort still innovate, but with incremental enhancements to existing products. Tech hoping AI will allow it to disrupt like the past.
Fed’s Williams says restrictive policy needed for a few years to bring down inflation
The New York Fed president on the central bank’s efforts to bring down inflation using interest rate hikes and scenarios where high prices could be persistent.
Balenciaga partners with children’s advocacy group following ad scandal involving kids with BDSM teddy bears
Balenciaga has signed a partnership with the National Children's Alliance following backlash they received over advertisements accused of alluding to child abuse.
Federal agencies push for insider trading crackdown on their own officials
Several federal agencies are exploring ways to crack down on insider trading by their own officials, as inspectors general open investigations into bureaucrats.
Disney’s Iger to face investors as he contends with activist, ESPN's future, streaming status
The Walt Disney Co. will report its latest fiscal fourth-quarter results after the market closes Wednesday as returning CEO Bob Iger faces several issues.
LIV Golf generated 'virtually zero' revenue during inaugural season, league attorney's admit
The controversial circuit was able woo some of the biggest names in golf such as Phil Mickelson and Dustin Johnson, but raked in virtually zero,” federal court documents showed.
House panel on China economy: 'Single greatest threat to America's global standing'
The House Financial Services Committee held a hearing on the economic threat posed by China and ways the U.S. can undercut China's growing influence through trade policies.
US agencies seek tougher rules, internal probes on stock trading by federal officials
Financial Regulators to strengthen conflict of interest rules to avoid insider trading and restore trust after a WSJ article in October exposed copious corruption.
US trade deficit hit record in 2022
The trade deficit in goods and services was a seasonally adjusted $67.4 billion in December, the Commerce Department said Tuesday, up from a revised $61 billion in November.
Copper shortage gets real
A copper deficit might extend beyond 2023 as mining issues in the South American countries of Peru and South America threaten global supply.
Turkey earthquake causes massive shipping container fire caught on video, Maersk says
A fire is raging Tuesday at the Port of Iskenderun in southern Turkey following a devastating earthquake there Monday, shipping giant Maersk says.
Meta to buy VR startup Within after favorable court ruling
Federal antitrust regulators had sought to block Meta's acquisition on the grounds that it would hurt competition in the emerging virtual reality market.
Bed Bath & Beyond stock nearly doubles on short trading
Bed Bath & Beyond shareholders are watching their stock rise even as bankruptcy looms while Wall Street traders short the stock.
Newmont makes $16.9B bid for Australia gold producer
The Newmont Corporation has made an indicative $16.9 billion takeover offer for Australia's top goldminer Newcrest Mining to combine the goldmining companies’ assets in China and Australia.
Carlyle names former Goldman exec Harvey Schwartz new CEO
The private equity firm, The Carlyle Group, has officially announced former Goldman Sachs Inc executive Harvey Schwartz as the company’s new CEO and will replace co-founder and interim CEO Bill Conway.
US sanctions Iranian drone maker for supplying Russia's operations in Ukraine
The U.S. Treasury announced new sanctions against an Iranian drone manufacturer for providing Shahed drones to Russia that the Kremlin has used in airstrikes against Ukraine.
Europe bans Russian diesel imports and other refined oil products
Europe's ban on Russian diesel imports and other refined petroleum products went into effect on Sunday, the latest attempt by the 27-nation bloc to defund Putin's war machine.
Disney earnings, Fed’s Powell speech, SBF bail backers? Top week ahead
From President Biden's State of the Union address to a host of earnings from the likes of Disney, Uber and Mattel, investors are staring down a busy week.



















