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WASHINGTON (Reuters) -Two Republicans on Monday asked a congressional watchdog to assess the Biden administration’s management of the Strategic Petroleum Reserve and audit its modernization program,…
© Reuters. FILE PHOTO: The Trenton Channel Power Plant, a coal-fired electricity plant operated by DTE Energy, is seen in Trenton south of Detroit, Michigan, U.S.…
One of the biggest near-term risks to financial stability in the U.S. would be further interest-rate hikes, according to a semiannual Federal Reserve report on financial…
After a sometimes contentious day-long meeting Saturday, California’s reparations task force approved a sweeping set of recommendations — including potentially hundreds of billions of dollars in…
PayPal Holdings Inc. beat estimates with its quarterly results Monday, but its shares were headed lower in after-hours action as Wall Street unpacked how much of…
U.S. stocks posted a mixed finish Monday, struggling for direction as investors weighed a Federal Reserve survey of loan officers for signs of a credit crunch,…
Chinese automaker BYD plans to expand into electric vehicles manufacturing and assembly in Vietnam, according to a Vietnamese government statement citing the company’s chair. Reuters in…
Check out the companies making headlines in midday trading.Berkshire Hathaway — The conglomerate’s A shares rose more than 1% as investors cheered a strong earnings report…
Sophie Nistico seemed to have all the pieces in place for a big investment deal on ABC’s “Shark Tank.”Nistico is the founder of Trumbull, Connecticut-based apparel…
Americans are bracing for higher inflation over the next few years even as they anticipate a drop in consumer prices over the short term, according to…