Representative Mike Gallagher, a Wisconsin Republican who had been considered the strongest candidate to defeat the state’s Democratic senator, Tammy Baldwin, in 2024, said Friday he would not enter the race.
Special Counsel Jack Smith has assembled a strong criminal case against Donald Trump that outlines his mishandling of classified documents and obstruction of the US investigation to recover them, former federal prosecutors said.
The Energy Department announced Friday it planned to purchase 3 million more barrels of crude oil for the Strategic Petroleum Reserve.
The US Chamber of Commerce is calling on President Joe Biden to intervene in a labor dispute involving US West Coast ports that has seen container ships face delays from labor-related disruptions.
Eisai Co.’s Alzheimer’s disease drug developed with Biogen Inc. gained support from advisers to US regulators, paving the way for a likely full regulatory approval that could lead to broader insurance coverage.
Mexico will keep its key rate at a record high for its next three meetings at the very least, said one of the central bank’s five board members, as policy must remain restrictive for “as long as possible” to ensure inflation falls back to target.
A stock market sector that investors furiously bailed out of just months ago is slowly making a comeback.
The clouds are finally parting for Tesla Inc. investors who stuck with the electric-vehicle maker through a rough ride. A rush of good news for the company and the return of bullish market conviction have put the stock on pace to more than double this year.
General Motors Co.’s move to adapt its electric vehicles to use Tesla Inc.’s network of Superchargers has sent shares reeling for other makers of EV charging stations.
Saudi Arabia’s surprise move to cut 1 million barrels a day of its own output has emboldened markets bulls, while the kingdom’s ominous warning on short-selling seems to have sent some bears into hiding.
