Credit cards offered by banks including Wells Fargo & Co. and Synchrony Financial intended to cover expensive health-care services may be causing unnecessary financial pain for consumers, said a group of US senators, who cited potentially deceptive promotions.
President Joe Biden plans to renominate dozens of candidates to key national security, judicial, and administrative posts with the start of a new Congress Tuesday, including controversial picks like former Los Angeles Mayor Eric Garcetti who failed to win confirmation as ambassador to India last year.
Germany received its first shipment of liquefied natural gas — from the US — at a new floating terminal in the North Sea port of Wilhelmshaven, a milestone in the nation’s quest to diversify its energy supplies.
Mala Gaonkar’s SurgoCap Partners started trading Tuesday with $1.8 billion under management, the largest debut of a woman-led hedge fund in the industry’s history.
US auto sales likely rose in December and will rebound in the new year as a recovery in vehicle production will more than offset the effects of inflation and rising interest rates.
While California tries to clean up from floods and mudslides that killed at least one person over the weekend, the next in a series of atmospheric rivers is bearing down on the most populous US state for later this week.
Blackstone Inc. is getting a $4 billion cash infusion from the University of California for its massive real estate fund Blackstone Real Estate Income Trust, which is facing heightened pressure from investors pulling cash.
Oatly Group AB surged after announcing it will transfer leases and production capacity at two US facilities to Canadian manufacturer Ya YA Foods Corp. — a bid to fix product shortages that have plagued the Swedish oat milk maker.
The most beaten-down European stocks of 2022 are leading gains into the new year in an early sign of a reversal of the risk-off sentiment that hit swathes of the market from real estate to retailers to growth stocks.
Elon Musk’s always-changing prices are unique in the auto world, and will be under the microscope like never before.
