The Fed Is Cooling Down the Economy, but Stocks Are Hot. What Gives?
Investors are pinning their hopes on a rosy outcome for inflation and growth, driving the S&P 500 up 12 percent in the past two months.
Investors are pinning their hopes on a rosy outcome for inflation and growth, driving the S&P 500 up 12 percent in the past two months.
Social media companies have taken steps to restrict Russian state media accounts. But posts from those accounts still spread in Spanish, Arabic and other languages and in places outside the West.
The cryptocurrency exchange lost more than $1 billion in the second quarter.
Two months after regulators there suspended the boutique online bank, the outspoken libertarian economist said he had agreed to return $66.7 million in deposits.
State propaganda about China’s rise is stoking extreme nationalism. That could blind China to its problems, and could lead to conflict — perhaps over Taiwan.
The new corporate minimum tax is not law yet and is already rife with exceptions for the businesses that might have to pay it.
The crackdown was the government’s latest effort to rein in the crypto industry.
Masayoshi Son, the Japanese conglomerate’s founder, said SoftBank would take fewer big risks in the future.
Battery-powered vehicles are considered essential to the fight against climate change, but most models are aimed at the affluent.
The Federal Maritime Commission, traditionally obscure, has been cast by Congress and the administration to help lead the campaign to tame inflation.