President Joe Biden dislikes them. The taxman is coming after them. And Wall Street strategists warn the boom won’t last. Yet against all odds, Corporate America continues to splurge on its own shares — a force that has fueled the new year rally.
Embattled FTX founder Sam Bankman-Fried has staved off a case alleging he broke Texas securities laws, after a judge ruled that the state regulator lacks jurisdiction to act against him.
Argentina’s central bank will print bank notes of larger denomination after months of complaints by residents and tourists who, faced with inflation of near 100% a year, have to carry increasingly bigger piles of cash to pay for everyday purchases.
It’s been called a “carbon bomb” and a caribou killer. Now, climate activists have one final, brief window of opportunity to quash ConocoPhillips’s proposed $8 billion oil development in Alaska.
Florida Governor Ron DeSantis waded into the debate over gas stoves and government regulation on Thursday, proposing a permanent tax exemption for the appliances.
Athletes from Russia and Belarus should not compete under their nation’s flags or hear their national anthems played during medal presentations during the upcoming Olympics in Paris because of the invasion of Ukraine, the White House said Thursday.
House Republicans successfully booted Democrat Ilhan Omar from the Foreign Affairs Committee, removing from the panel a Black Muslim woman who GOP lawmakers have blasted for making antisemitic and anti-Israel comments.
The US Federal Trade Commission denied a request by Meta Platforms Inc. to bar Lina Khan, the commission’s chair, from an antitrust case challenging its proposed acquisition of a virtual-reality startup.
Smaller coins led gains among cryptocurrencies Thursday on the back of investor optimism that central banks in the US and Europe will finally ease their aggressive interest-rate hiking.
Blackstone Inc. has agreed to acquire insurance firm American International Group Inc.’s $3.6 billion collateralized-loan obligation assets, according to people with knowledge of the matter.
