Politics

Federal Reserve Chair Jerome Powell confirmed by Senate for a second term

Federal Reserve Chair Jerome Powell confirmed by Senate for a second term

Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 04, 2022 in Washington, DC. Powell announced the Federal Reserve is raising interest rates by a half-percentage point to combat record high inflation. Win Mcnamee | Getty Images As he and his colleagues engage in a …

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Alphabet CEO Sundar Pichai: CNBC interview

Alphabet CEO Sundar Pichai: CNBC interview

CNBC: Sundar Pichai, CEO of Alphabet and Google being interviewed by Deirdre Bosa. CNBC Google CEO Sundar Pichai said that while consumers are putting the Covid pandemic in the rearview mirror, the economy is clearly a growing concern for the company and the broader market. “We definitely see uncertainty ahead, like everyone else,” Pichai told …

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5 things to know before the stock market opens Tuesday, May 10

5 things to know before the stock market opens Tuesday, May 10

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to rise after S&P 500 hits lowest level in over a year Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2022. Brendan McDermid | …

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Queen Elizabeth will not open UK Parliament this year, Buckingham Palace says

Queen Elizabeth will not open UK Parliament this year, Buckingham Palace says

CNN — Britain’s Queen Elizabeth II will not attend the opening of Parliament on Tuesday due to mobility problems, Buckingham Palace said in a Monday statement. “The Queen continues to experience episodic mobility problems, and in consultation with her doctors has reluctantly decided that she will not attend the State Opening of Parliament tomorrow,” it …

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European stocks retreat as global markets rattle over inflation;  Stoxx 600 down 1.5%

European stocks retreat as global markets rattle over inflation; Stoxx 600 down 1.5%

LONDON — European stocks pulled back on Monday, tracking negative sentiment globally as investors continued to mull over persistently high inflation. The pan-European Stoxx 600 slipped 1.5% by late morning, with basic resources shedding 3.6% to lead losses as all sectors and major Bourses slide into negative territory. The risk aversion for European markets comes …

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Elon Musk Has an Original Way to Outshine Warren Buffett

Elon Musk Sounds The Alarm About Japan

He is charismatic and unpredictable. His personality divides. Some people describe him as the most revolutionary CEO of recent years. Others see in him a CEO who is the mirror of an era dominated by trends that follow one another at the speed of a short video on TikTok. We stick all the labels on …

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Bitcoin drops below $35,000 over the weekend, extending Friday's losses

Bitcoin drops below $35,000 over the weekend, extending Friday’s losses

Bitcoin is a volatile asset, and has been known to swing more than 10% higher or lower in a single day. Jakub Porzycki | Nurphoto | Getty Images Bitcoin continued to slide after a broader stock sell-off in the US last week sent the cryptocurrency market into a frenzy and prompted bitcoin to plummet by …

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President Biden's Executive Order On Bitcoin

President Biden’s Executive Order On Bitcoin

Joseph Stafford is a partner at the law firm Wilson Elser and provides counseling to clients in the Intellectual Property, Regulatory Compliance and Corporate/D&O Risk Management practice areas. By signing an executive order (EO) on cryptocurrencies, President Biden has signaled an openness to the technology’s potentially positive impacts. This is a significant and encouraging development …

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Jared Kushner's New Fund Plans to Invest Saudi Money in Israel

Jared Kushner’s New Fund Plans to Invest Saudi Money in Israel

Jared Kushner’s new private-equity fund plans to invest millions of dollars of Saudi Arabia’s money in Israeli startups, according to people familiar with the investment plan, in a sign of warming ties between two historic rivals. Affinity Partners, which has raised more than $3 billion, including a $2 billion commitment from the kingdom’s sovereign-wealth fund, …

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Starbucks accused of more than 200 labor violations in NLRB complaint

Starbucks accused of more than 200 labor violations in NLRB complaint

Starbucks workers react as they speak to the media after union vote in Buffalo, New York, December 9, 2021. Lindsay DeDario | Reuters The regional director of the National Labor Relations Board in Buffalo, NY, issued a complaint Friday accusing Starbucks of 29 unfair labor practice charges that included over 200 violations of the National …

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