Outgoing Treasury Sec. Janet Yellen said that she’s ‘concerned about fiscal sustainability’ and thinks the deficit must be decreased. She made the comments during the Wall Street Journal’s CEO Council Summit after Greg Ip, chief economic commentator for the outlet, noted that President Joe Biden and
In a rare bipartisan push Wednesday morning, senators on both sides of the aisle called on President Biden to instruct his administration to brief the upper chamber by Dec. 20 on efforts underway to free Austin Tice from Syria. A letter, first obtained by Fox
President Biden’s decision to pardon his son Hunter after previously vowing he would not give his son a pass has the approval of only 20% of Americans, according to a new poll released Wednesday. The Associated Press-NORC Center for Public Affairs Research poll found about half
Salt Lake City has grown from a winter sports venue to a vibrant technology hub in just two decades, leveraging the legacy of the 2002 Winter Olympics to transform into one of America’s fastest-growing business destinations. Known as part of Utah’s “Silicon Slopes,” the city has
Republican tax hawks are worried that key Trump administration tax policies could expire at the end of 2025 if congressional leaders follow through on a plan to break up a massive conservative budget bill into two parts. Reconciliation is a way to fast-track legislation on issues
A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over rival Albertsons, ruling that the Federal Trade Commission’s concerns about the merger’s impact on market consolidation were valid. Judge Adrienne Nelson said Tuesday afternoon that a
The Taliban’s refugee minister was killed in a suicide bombing in the Afghan capital Kabul on Wednesday, the interior ministry said.
Artificial intelligence is transforming the way we live, becoming an increasingly familiar part of our everyday lives, and workplaces. A worldwide survey by consultancy McKinsey & Company found that 72 percent of businesses
The Biden administration has renewed a controversial sanctions waiver that will allow Iran access to some $10 billion in payments from Iraq – an action that came just two days after President-elect Trump emerged victorious on Election Day. Secretary of State Antony Blinken again extended the
Earlier this year, Steve Cohen laid out his principles as the owner of the New York Mets, saying it was a “philanthropic” endeavor, in an interview with CNBC’s Andrew Ross Sorkin. “I don’t care about the cost side,” Cohen said, adding: “If I can make millions