Tornadoes have killed at least two people in Louisiana as a violent weather system moves across the US, spawning blizzards in the Great Plains that will be followed by a blast of the season’s coldest weather to the Midwest, Northeast and Texas.
US prosecutors usually grind away in obscurity for months or years before unveiling a criminal indictment. Their case against FTX founder Sam Bankman-Fried came together in a matter of weeks.
(Bloomberg) — Average pump prices in the US fell by nearly 1% overnight, the largest decline since late March 2020, shortly after the Covid-19 pandemic shut down offices and schools across the country, devastating fuel demand.
Surging costs and softening demand for foie gras, smoked salmon and other festive food will burn up cash at Labeyrie Fine Foods SAS this year.
A third of Ukraine’s corn crop is still standing in fields as winter sets in, adding further strain on its vital farming sector.
Karine Jean-Pierre, the press secretary for President Joe Biden, quickly brushed off the question when it came in toward the end of her daily press conference Tuesday. No, she said, there was no chance that anyone in the White House leaked the November inflation report before its 8:30 a.m. publication. Too much fuss was being made, as she saw it, over what were just “minor market movements.”
The biggest lenders are bagging bigger chunks of the $1.4 trillion market for private credit as investors get choosier about where they park their money.
The Biden administration has reversed course on a carbon capture funding program to allow oil production following an intervention by senators including Joe Manchin and Kyrsten Sinema, handing a win to the fossil fuel industry.
The party headquarters of French President Emmanuel Macron was raided by criminal investigators as part of a probe into possible campaign-financing violations during of his two winning bids.
The bank has been one of the world’s biggest backers of fossil fuels.
