WSJ Opinion: Hits and Misses of the Week
The Week’s Best And Worst From Kim Strassel, Jillian Melchior And Mene Ukueberuwa
(Bloomberg) -- US central bankers offered divergent signals over the size of the next interest-rate hike, with St. Louis’s James Bullard urging another 75 basis-point move while Kansas City’s Esther George struck a more cautious tone.Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesCovid’s Harmful Effects on the Brain Reverberate Years LaterBiden Called Cheney After Her Loss to Trump-Backed ChallengerXi and Putin to Attend G-20 Summit in Indonesia, Jokow
The right has used this phrase for others, but doesn't think it should apply to them.
(Bloomberg) -- China lashed out at a $52 billion program to expand American chipmaking, saying the landmark blueprint contains elements that violate fair market principles and targets Beijing’s own efforts to build a semiconductor industry.Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesBiden Called Cheney After Her Loss to Trump-Backed ChallengerLiz Cheney Prepares for Next Act in GOP Where Trump Holds SwayBill Gates and the Secret Push to Save Biden’s
Now that President Joe Biden signed Democrats' expansive climate, tax and health care bill into law, U.S. Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining how the tax agency will overhaul its technology, customer service and hiring processes.
(Reuters) -A state of Michigan lawsuit that aims to force Enbridge Inc to stop operating the Line 5 oil pipeline underneath the Straits of Mackinac in the Great Lakes will be heard in federal court, a judge ruled on Thursday. The decision from Judge Janet Neff is a win for Calgary-based Enbridge. The Canadian pipeline company has been locked long-running dispute with Michigan over Line 5, which ships 540,000 barrels per day of crude and refined products from Superior, Wisconsin, to Sarnia, Ontario.
The White House’s top economic adviser defended restrictions placed on the Inflation Reduction Act’s key tax credits, intended to accelerate electric vehicle adoption.
"There's no way Trump wrote that," said "The Daily Show" host.
Here's what to know about income caps, sticker-price limits, and rules around final assembly in North America.
(Bloomberg) -- Enbridge Inc. won a battle in its fight with Michigan’s governor to keep its Line 5 pipeline operating after a judge ruled the legal battle over the oil conduit belongs in federal court. Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesCovid’s Harmful Effects on the Brain Reverberate Years LaterBiden Called Cheney After Her Loss to Trump-Backed ChallengerXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysAfter 2,240% Run, Tesla Vi
House Republican Leader Kevin McCarthy's office defended the representative's leadership after outgoing Wyoming Rep. Liz Cheney said McCarthy was unfit for the role.
Despite the recent drop in crude prices and base metals, Wall Street thinks that another rally in commodities is likely, and it will happen before we hit the New Year
Notable business headlines include U.S.-Taiwan trade negotiations set to begin this fall, CVS, Walgreens and Walmart having to pay Ohio $650 million for opioid damages, and WWE finding $5 million worth of undisclosed funds went to a Trump charity.
(Bloomberg) -- Turkish President Recep Tayyip Erdogan said talks in Lviv, western Ukraine, with United Nations Secretary General Antonio Guterres and Ukraine President Volodymyr Zelenskiy focused on how to “ultimately end” the nearly six-month-old conflict. Erdogan said he would evaluate the meeting with Russian President Vladimir Putin. Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesCovid’s Harmful Effects on the Brain Reverberate Years LaterBiden Cal
A Florida judge on Thursday declared a Florida law championed by Republican Gov. Ron DeSantis that restricts race-based conversation and analysis in business and education unconstitutional. Tallahassee U.S. District Judge Mark Walker said in a 44-page ruling that the “Stop WOKE” act violates the First Amendment and is impermissibly vague. Walker also refused to issue a stay that would keep the law in effect during any appeal by the state.
About 150 union organizers, workers and supporters gathered outside Meta Platforms Inc.'s headquarters in Menlo Park, Calif., on Thursday, urging the company to continue to protect service workers and to support workers' right to organize.
Cheney releases recording of her call to Harriet Hageman, conceding her loss in the Wyoming US House primary on Tuesday
(Bloomberg) -- Japan’s inflation accelerated further beyond the central bank’s 2% target in July, complicating Bank of Japan Governor Haruhiko Kuroda’s task of explaining his insistence on the continued need for ultra-low rates.Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesCovid’s Harmful Effects on the Brain Reverberate Years LaterBiden Called Cheney After Her Loss to Trump-Backed ChallengerXi and Putin to Attend G-20 Summit in Indonesia, Jokowi Says
China is widely expected to lower its benchmark lending rates on Monday, a Reuters survey showed, with a vast majority of participants predicting a deeper cut to the mortgage reference to lift the ailing property sector and the overall economy. The loan prime rate (LPR), which banks normally charge their best clients, is set by 18 designated commercial banks who submit proposed rates to the People's Bank of China (PBOC). Twenty-five out of 30 respondents in the Reuters snap poll predicted a 10-basis-point reduction to the one-year LPR.
With his attempt to un-buy Twitter not going to trial until October, Elon Musk has spent the interlude by wading even further into politics and the Republican camp by appearing this week at a retreat in Wyoming hosted by House Republican Leader Kevin McCarthy.
The former CIA director and former NSA director under the Bush administration claimed Wednesday that the modern GOP is the most treacherous political force he has encountered in his lifetime.