Category: Business & Markets

LIVE NOW: Federal Reserve Chair Powell Holds News Conference After Release of Fed Policy

Federal Reserve System Chair Jerome Powell holds a press conference after the release of the Fed policy decision at 2:30 p.m. ET on June 14. …


LIVE NOW: Federal Reserve Chair Powell Holds News Conference After Release of Interest Rate Policy

Federal Reserve System Chair Jerome Powell holds a press conference after the release of the Fed policy decision at 2:30 p.m. ET on June 14. …


Federal Reserve Chair Powell Holds News Conference After Release of Interest Rate Policy

Federal Reserve System Chair Jerome Powell holds a press conference after the release of the Fed policy decision at 2:30 p.m. ET on June 14. …


Youth Depend More on Online Influencers for News Over Media Outlets: Report

Social media influencers and celebrities are now the dominant source of news among users of apps like Snapchat and TikTok that are popular among young Americans, overtaking mainstream news sources in the process, per a new report by the UK-based Reuters Institute for the Study of Journalism. “While mainstream journalists often lead conversations around news…


Biden Administration Asks Court to Let City Enforce Nation’s 1st Natural Gas Ban

A city in California should be able to enforce the nation’s first ban on natural gas piping, President Joe Biden’s administration told a federal court this week. Berkeley’s ban on the pipes in new construction is allowed because the city was addressing “health and safety concerns” and is therefore allowed under the Energy Policy and Conservation Act,…


Biden Administration Asks Court to Let City Enforce Nation’s First Natural Gas Ban

A city in California should be able to enforce the nation’s first ban on natural gas piping, President Joe Biden’s administration told a federal court this week. Berkeley’s ban on the pipes in new construction is allowed because the city was addressing a “health and safety concerns” and is therefore allowed under the Energy Policy and Conservation…


Federal Regulator Sounds Alarm on Declining Electric Grid Reliability

The commissioners of the Federal Energy Regulatory Commission (FERC) sounded the alarm on a deteriorating U.S. grid in a House hearing on June 13. At one point, Rep. Jeff Duncan (R-S.C.) asked the commissioners a yes-or-no question: “Has electric reliability worsened or improved over the past three years?” The first answer came from acting FERC…


IRS Banned From Buying Guns With Taxpayer Funds Under New Bill

Sen. Joni Ernst (R-Iowa) announced a bill Tuesday that would bar the Internal Revenue Service (IRS) from providing arms and ammunition to agents with taxpayer money. The measure would prohibit the federal tax agency from purchasing, receiving, or storing guns and ammunition, according to Ernst’s office. Under the bill, ammunition and firearms that are currently…


Whitehall Pledges Support for Bank of England Ahead of Interest Rate Review

The government has pledged support for the Bank of England (BoE) in its mission to curb inflation. Speaking after the publication of the latest GDP figures, Chancellor Jeremy Hunt attributed the 0.2 percent growth to the “underlying resilience in the British economy.” “Of course that’s positive but we still have a big issue with inflation….


Real Estate Investors Undeterred by Reports of Violent Crime in Mexico

Six locations in Mexico have been named among the “Top 10 Best Places in the World for Real Estate Investment,” according to Real Estate Trend Alert, a leading source of real-time information for investors. They include: Los Cabos in fourth place, followed by Baja California, Riviera Maya, San Miguel de Allende, Puerto Vallarta, and Merida,…