![Soros Slashed Rivian Stake After 90% Drop From Peak, Exits Tesla](/i/c/2b97484a-1265-29d4-b4b5-919cc3cf8c91.webp)
Soros Slashed Rivian Stake After 90% Drop From Peak, Exits Tesla
George Soros’s investment firm cut holdings in electric-vehicle makers, slashing a stake in Rivian Automotive Inc. after a
2023-05-13 06:53
![Chinese Cash Flows Into Japan’s Struggling Hot Spring Resorts](/i/c/afc02724-2f45-85ed-f5b9-7a23f4394c60.webp)
Chinese Cash Flows Into Japan’s Struggling Hot Spring Resorts
A once-faded Japanese honeymoon hot spot is getting a new lease on life thanks in part to Chinese
2023-05-13 06:29
![Dan Snyder Agrees to Sell Washington Commanders to Josh Harris-Led Group](/i/c/7dff7c17-6192-b4ad-26ba-01e7da013647.webp)
Dan Snyder Agrees to Sell Washington Commanders to Josh Harris-Led Group
Dan Snyder has agreed to sell the NFL’s Washington Commanders to a group led by Apollo Global Management
2023-05-13 05:46
![Yellen Says ‘We Have to Default’ on Something If Congress Fails](/i/c/e73e991a-708e-63f8-b950-08ca8990086e.webp)
Yellen Says ‘We Have to Default’ on Something If Congress Fails
Treasury Secretary Janet Yellen said that the federal government will have to renege on some payments if Congress
2023-05-13 05:45
![NFL's Washington Commanders agree to sell the team to group led by Josh Harris](/i/c/c19e5773-7026-fdf0-7f08-ed89d06ea781.webp)
NFL's Washington Commanders agree to sell the team to group led by Josh Harris
Dan and Tanya Snyder agreed to sell the Washington Commanders franchise to a group led by Josh Harris on Friday, according to a statement from from the team and the investment group.
2023-05-13 05:18
![Debt ceiling: Still no plan to avoid a default, but major shifts in posture](/i/c/fa80e027-5f72-4bc3-a201-3f6b4671db6d.webp)
Debt ceiling: Still no plan to avoid a default, but major shifts in posture
After a week of meetings on the debt ceiling, Congress, the White House and the country still do not have a clear path forward to avoid a cataclysmic default with just four days when both the House and Senate are scheduled to be in session before June 1, when the US could default on its obligations. On one hand, it looks like this could go to the brink. On the other, there have been pockets of progress over the intervening days and signs that some of the most stringent and hardened positions negotiators have been echoing over the last three months are slowly beginning to soften.
2023-05-13 04:55
![Fed’s Extreme Stranglehold Over Wall Street Trading Is Easing](/i/c/f453b064-c860-d857-aba9-291a8a04376b.webp)
Fed’s Extreme Stranglehold Over Wall Street Trading Is Easing
Risky and safe assets alike have hung on every word and deed of Jerome Powell and Co. for
2023-05-13 04:21
![Debt ceiling worries deepen as early June U.S. default reinforced](/i/c/64deb247-598d-b7a5-829b-17fe1206848a.webp)
Debt ceiling worries deepen as early June U.S. default reinforced
By Richard Cowan WASHINGTON The Washington standoff over raising the U.S. government's $31.4 trillion borrowing limit is adding
2023-05-13 03:27
![EU Reaches Initial Agreement on Blueprint for China Relations](/i/c/d91b6887-c5ae-cc11-a8aa-2dda3c4162cc.webp)
EU Reaches Initial Agreement on Blueprint for China Relations
The European Union’s top envoys sought to project a united front on relations with China, reaching an initial
2023-05-13 03:24
![Biden nominates Jefferson as Fed Vice Chair, Kugler to Fed Board](/i/c/fe06bb22-1a45-3326-d780-b849015de3b8.webp)
Biden nominates Jefferson as Fed Vice Chair, Kugler to Fed Board
By Ann Saphir, Andrea Shalal and Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden on Friday nominated Federal Reserve Governor
2023-05-13 03:21
![Pakistan's political crisis will deepen its economic misery](/i/c/59e03913-a09c-8389-e984-9fcb6b1eb0be.webp)
Pakistan's political crisis will deepen its economic misery
The political unrest that's engulfed Pakistan since former Prime Minister Imran Khan was arrested earlier this week will complicate efforts to secure a financial lifeline from the International Monetary Fund and exacerbate the country's economic crisis.
2023-05-13 02:28
![What to know about Twitter's new CEO Linda Yaccarino](/i/c/ea74a181-6624-c322-bf07-fdb2fa4d8dbf.webp)
What to know about Twitter's new CEO Linda Yaccarino
Elon Musk is welcoming a veteran ad executive to the helm of Twitter
2023-05-13 02:23