Political/General News
- Market
Netherlands eliminates U.S. in round of 16 at World Cup
Memphis Depay and Daley Blind scored in the first half and Denzel Dumfries added a late goal as the Netherlands…
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Democrats move to make South Carolina, not Iowa, first primary voting state
Democrats voted Friday to remove Iowa as the leadoff state on the presidential nominating calendar and replace it with South…
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Inflation and credit-card debt are on the rise, despite a strong job market. Tell us how the economy is affecting you.
We want to hear from readers who have stories to share about the effects of increasing costs and a changing…
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U.S. COVID cases are climbing again as new omicron variants spread
COVID-19 cases and hospitalizations in the U.S. are rising and intensive-care-unit beds are being filled again, in a trend that…
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U.S. adds 263,000 jobs in November and wages rise sharply — still too much for the Fed’s liking
The numbers: The U.S. created a robust 263,000 new jobs in November, showing that hiring is still historically strong and…
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The unbearable uselessness of crypto
Andrés Velasco, a former presidential candidate and finance minister of Chile, is dean of the School of Public Policy at…
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Blackstone stops redemptions from real estate fund as stock slides
Blackstone shares took a big hit after the investing giant’s real-estate fund aimed at wealthy individuals said it would limit redemptions.…
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Senate passes bill to prevent rail strike, rejects measure providing paid sick leave
The U.S. Senate on Thursday voted 80-15 in favor of a bill that would prevent a rail strike by imposing…
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Appeals court ends special-master review of Trump documents, in win for Justice Department
WASHINGTON — A federal appeals court on Thursday ended an independent review of documents seized from former President Donald Trump’s…
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This 82-year-old retiree makes makes moose calls
Butch Phillips, an 82-year-old member of the Penobscot Nation, etches 18-inch long moose call horns from birch bark he harvests…
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Chinese cities announce further easing of COVID curbs, though police are still patrolling streets to stop protests
Major Chinese cities on Thursday announced a further easing of COVID restrictions, as police continued to patrol streets to avert…
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FTX’s Sam Bankman-Fried says he didn’t know scale of bad Alameda bets
Sam Bankman-Fried said that he didn’t intend to commit any fraud or use customer funds to back leveraged bets that…
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There are 50 million people in modern slavery – the City ‘can and should do more’
The City must step up to tackle modern slavery, according to leading campaigners, amid warnings the UK government is failing to prevent a…
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U.S. job openings fall to 10.3 million — but labor market still too strong for the Fed
The numbers: Job openings in the U.S. fell to 10.3 million in October in another sign the labor market is cooling…
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XPeng stock rockets toward record rally as bulls brush off bad results, outlook
The U.S.-listed shares of China-based electric vehicle maker XPeng Inc. skyrocketed Wednesday, as investors cheered changes in China’s COVID policy…
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China needs at least a year to end zero-COVID policy, experts say
A renewed push by China to vaccinate elderly people has sparked hopes for an end to the country’s strict zero-COVID…
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U.S.-Backed Researchers Use AI to Probe for Weaknesses in Drug Supply Chains
The U.S. Department of Homeland Security has approved research that will use artificial intelligence to delve into drug supply chains…
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Apollo poaches new chief pensions strategist from state government
Connecticut state treasurer Shawn Wooden is joining Apollo Global Management as a partner and chief public pension strategist to help…
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Senate passes landmark bill protecting same-sex, interracial marriages
WASHINGTON — The Senate passed bipartisan legislation Tuesday to protect same-sex marriages, an extraordinary sign of shifting national politics on the issue…
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20 dividend stocks with high yields that have become more attractive right now
Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset…
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Oil prices move higher on hopes China will relax COVID curbs
Oil futures traded higher Tuesday, finding support on signs China might ease up on COVID-19 restrictions following a wave of…
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IMF head joins chorus calling on China to adapt COVID strategy as officials pledge to boost vaccinations among elderly
The head of the International Monetary Fund on Tuesday joined the chorus of people urging China to adopt a more…
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Crypto lender BlockFi is suing Sam Bankman-Fried over his shares in Robinhood: report
Just hours after filing for Chapter 11 bankruptcy in New Jersey on Monday, cryptocurrency lender BlockFi filed a lawsuit against…
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Why the wealthy will have to play their part in stopping the next pandemic
Mariana Mazzucato, professor in the economics of innovation and public value at University College London, is founding director of the…
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‘A rail shutdown would devastate our economy’: Biden urges Congress to head off potential strike
OMAHA, Neb. — President Joe Biden on Monday asked Congress to intervene and block a railroad strike before next month’s…
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Black Friday online sales top $9 billion to break all-time record
A record $9.12 billion was spent online for Black Friday, Nov. 25, up 2.3% from Black Friday in 2021. Electronics were the major…
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China’s zero-COVID strategy makes no sense and its homegrown vaccines are not ‘particularly effective,’ says Fauci
Widespread protests across China over the government’s zero-COVID policy dominated pandemic headlines Monday, with Anthony Fauci, President Joe Biden’s chief…
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Cyber Insurers Turn Attention to Catastrophic Hacks
While cyber insurance has evolved significantly in recent years, insurers say they might still be unprepared for the fallout from…
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U.S. oil falls to lowest price of 2022 as China protests spark fears
Oil futures declined sharply Monday, with the U.S. benchmark touching the lowest price of the year, on track to erase…
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Asset managers face divided regulation over ESG investing
The political divide over the role that environmental, social and governance factors should play in state pension investments stands to…
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Bahamas bear the brunt of FTX’s brutal collapse
NASSAU, Bahamas — Last year, an FTX executive walked into a bank office here and put $4.5m of the company’s…
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Could carbon markets be financial services’ answer to climate change?
There is still an elephant in the room at COP27. And it just got bigger. At last year’s UN climate…
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Litigation funder Harbour targets $400m war chest to invest in legal cases
Harbour Litigation Funding is gearing up to raise a new $400m fund to invest in legal cases. The litigation finance…
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FTX hires former regulators to investigate what led to the crypto giant’s bankruptcy
Cryptocurrency exchange FTX, whose recent collapse has led to questions about lacking regulatory oversight, has hired a fitting team to…
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Hackers Temporarily Take Down European Parliament Website
The European Parliament’s website was briefly disabled by a denial-of-service cyberattack on Wednesday, hours after lawmakers passed a resolution labeling…
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UK government mulls changes to MiFID II equity research rules among package of measures to boost City
The government is planning to announce a package of measures to boost the City and its provision of finance to…
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FTX Hires Ex-Regulators to Investigate Firm’s Collapse
Cryptocurrency exchange FTX, whose recent collapse has led to questions about lacking regulatory oversight, has hired a fitting team to…
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Virginia Walmart shooter was store manager, police and witness say
CHESAPEAKE, Va. (AP) — A Walmart manager opened fire on fellow employees in the break room of a Virginia store,…
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Demand for office space with green credentials drives City’s refurb boom
Demand for buildings with better green credentials is one of the driving forces of a refurbishment boom in the City.…
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U.S. unlikely to see another late-year omicron wave, but Fauci urges people to get new COVID booster
The U.S. is unlikely to suffer the same surge of COVID-19 infections this winter as it did last year, when…
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Toxic combo of poor regulation and UK government’s reckless budget triggered pension blow-up, witnesses say in inquiry
A toxic combination of leverage, poor regulation and a reckless UK government budget drove the extraordinary blow-up of the pension…
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Pensions for Purpose’s Charlotte O’Leary: Can white, male, over-50 trustees represent a fund’s youngest members?
Charlotte O’Leary was fed up — she’d spent over a decade at large asset management firms and investment consultants. She was…
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FTX debuts biggest crypto bankruptcy in court — what to expect
FTX is expected to make its debut appearance on 22 November in Delaware bankruptcy court, where its new management is…
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Ads Often Run on Websites That Come With High Carbon Emissions but Low Returns, Study Finds
Marketers are often running digital ads on websites that provide relatively low returns on their investment but generate comparatively high…
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Confused about COVID boosters? Here’s what the science and the experts say about the new generation of shots.
As we head into the third winter of the pandemic, only about 13% of American adults — less than 11%…
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5 things not to buy on Black Friday
It’s a year for shopping prudently. Americans will spend between $942.6 billion and $960.4 billion this holiday season, according to…
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China’s three-week COVID case tally tops 253,000 and daily average is rising, government says
More than 253,000 coronavirus cases have been found in China in the past three weeks and the daily average is…
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Ex-Conservative Party treasurer Malik Karim on Truss’ tenure: ‘I’d be lying to you if I told you it wasn’t a challenge’
Navigating the uncertainty of Liz Truss’s tenure as prime minister was a “challenge” for former Conservative Party treasurer Malik Karim,…
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Convicted Libor rigger Tom Hayes files fresh submission to overturn prosecution
Convicted Libor rigger Tom Hayes has made a new submission for his case to be reviewed by a UK body…
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Schroders’ Kimberley Lewis: ‘There is some discomfort talking about race in the UK’
Asset management was not my first career choice. I started my working life as a lawyer in the US, where…
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