Biden nominates Philip Jefferson to number 2 spot at the Fed
US President Joe Biden nominated Philip Jefferson to the number two job at the Federal Reserve Friday, a position left vacant since Lael Brainard left...
2023-05-13 00:45
Biden taps Philip Jefferson to be Fed's vice chair, Adriana Kugler as first Hispanic on Fed board
President Joe Biden has nominated Philip Jefferson, a member of the Federal Reserve’s Board of Governors, to serve as vice chair of the board
2023-05-13 00:27
American consumers are growing worried about a US debt default
US consumer sentiment worsened in May as Americans grew concerned about the economy's direction and a potential default of the US government's debt, according to a preliminary report from the University of Michigan Friday.
2023-05-13 00:22
Race teams ask NASCAR for ‘meaningful’ talks as their business model dispute skids toward summer
The fight between NASCAR and its teams over a new revenue model led the owners of 16 organizations to send a letter to NASCAR’s board of directors asking for “meaningful dialog” regarding the franchise model system
2023-05-12 23:57
Biden nominates the first Latino to the Federal Reserve
President Joe Biden on Friday nominated economist and World Bank official Adriana Kugler to join the Federal Reserve's powerful Board of Governors and Philip Jefferson to be the central bank's vice chair.
2023-05-12 23:57
Battery makers turn northern French region into 'electric valley'
Global battery makers are turning a formerly depressed northern French region into a 21st-century manufacturing hub and a key European...
2023-05-12 23:57
More red ink: Congressional budget agency projects bigger deficits as debt talks continue
The Congressional Budget Office says this year’s projected federal budget deficit has jumped by $130 billion
2023-05-12 23:51
US Chamber of Commerce sues securities regulator over new share buyback rule
By Chris Prentice NEW YORK A powerful U.S. business lobby group said it sued the Securities and Exchange
2023-05-12 23:24
Top exec leaves NBCUniversal amid Twitter CEO reports
A top advertising executive stepped down from NBCUniversal on Friday and is understood to be first in line to become the next CEO of...
2023-05-12 22:51
New Twitter CEO may free Musk to steer Tesla through easing demand
By Akash Sriram (Reuters) -Elon Musk's selection of a new CEO for Twitter may remove a big distraction for the
2023-05-12 22:25
World Bank's Malpass: risk of U.S. default adds to woes facing slowing global economy
By Andrea Shalal NIIGATA, Japan (Reuters) -The risk of a U.S. default is adding to problems facing the slowing global
2023-05-12 21:51
Here's how the 14th Amendment factors into the debt ceiling debate
As the stalemate over addressing the debt ceiling continues and the threat of default looms larger, President Joe Biden has resurfaced the controversial idea of using the 14th Amendment as a way to lift the borrowing cap without Congress.
2023-05-12 21:27