House Republicans opened their impeachment inquiry against Joe Biden Thursday with accusations that his son’s overseas business activities amounted to influence-peddling while still digging for evidence the president was involved.
Scott Solomon is betting a bond selloff that’s roiling bets on Wall Street has further to go.
US Energy Secretary Jennifer Granholm said the world is up against a dominant supplier of critical minerals that is willing to exploit its position for political gain, in remarks apparently aimed at China, and warned that energy security will become increasingly complex due to the transition to cleaner power.
A subsidiary of American Lithium is betting it can defy the odds in Peru and open the country’s first lithium mine in speedy fashion despite a sluggish permitting system that can keep projects on hold for years.
ABN Amro Bank NV is set to cut 70% of its headcount in New York by the end of the year as part of its strategy to focus on European markets.
Bank of England rate-setter Megan Greene said the economic impact of climate change could be on the scale of the 1970s oil shock, requiring central bankers to make difficult choices.
Peru’s annual inflation rate may remain above 3% through early 2024 due to an El Nino weather pattern that is already causing spiking food costs, central bank chief Julio Velarde said Thursday.
With cargo shipments falling in the post-pandemic era, some shippers have turned to artificial intelligence to boost efficiency. The freight unit of Uber Technologies Inc. has tapped its vast data files to use AI to predict late shipments — and make suggestions for alternative routes.
Pacific Investment Management Co. is standing by its bullish position on emerging markets, even as a rout in the asset class deepens on concern over global interest rates and the plight of China’s economy.
A public spending boom and generous tax cuts carried out by Argentina’s Economy Minister Sergio Massa, who’s also running for president in the October election, pose new setbacks to the country’s $44 billion program with the International Monetary Fund, according to the Washington-based lender.
