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Federal Reserve Readies Third Interest-Rate Increase of 2018

Federal Reserve Readies Third Interest-Rate Increase of 2018

The central bank is prepared to raise rates by a quarter percentage point after its two-day policy meeting concludes Wednesday. It would be the eighth such move since late 2015.

Published 2 months ago

GOP Sets Committee Vote on Kavanaugh for Friday

GOP Sets Committee Vote on Kavanaugh for Friday

Under White House pressure, the Senate Republican leadership is moving to expedite the final stages of Judge Brett Kavanaugh’s nomination to the Supreme Court after Thursday’s planned hearing featuring the woman who has accused him of sexual assault when they were teenagers.

Published 2 months ago

The Often-Rocky Climb to the High Court

The Often-Rocky Climb to the High Court

As the clash over Brett Kavanaugh underscores, few issues in modern times stir the Senate like a nomination to the Supreme Court. Here are some high—and low—points of the last 50 years.

Published 2 months ago

LNG in Europe Offers Opportunities for U.S., Challenges for Russia

LNG in Europe Offers Opportunities for U.S., Challenges for Russia

European efforts to import more liquefied natural gas are starting to pay off, moving the region further away from Russia’s energy orbit and potentially creating more opportunities for U.S. producers.

Published 2 months ago

Trump Considers Keeping Rosenstein On, Advisers Say

Trump Considers Keeping Rosenstein On, Advisers Say

President Trump has told advisers he is open to keeping Deputy Attorney General Rod Rosenstein on the job, and allies of No. 2 Justice Department official said Tuesday he has given them the impression he doesn’t plan to quit.

Published 2 months ago

Top Uber Deal Maker Disciplined After Probe Into Office Conduct

Top Uber Deal Maker Disciplined After Probe Into Office Conduct

Uber executive Cameron Poetzscher, who played a key role in negotiating SoftBank’s investment in the ride-hailing firm, was disciplined after a probe found he had a pattern of making sexually suggestive comments about other co-workers.

Published 2 months ago

At U.N., Trump Defends His Administration’s Hard-Line Trade Policies

At U.N., Trump Defends His Administration’s Hard-Line Trade Policies

In his second address to the U.N. General Assembly, President Trump criticized international organizations and alliances as unaccountable, but got pushback from other world leaders.

Published 2 months ago

Grizzly Hunt Is Off in Yellowstone After a Comeback From the Brink of Extinction

Grizzly Hunt Is Off in Yellowstone After a Comeback From the Brink of Extinction

A federal judge this week canceled what was to be the first grizzly bear hunt in 43 years in the lower 48 states, dealing a last-minute setback to those who have argued one of the best-known wild animals of the American West has not only recovered from near extinction, but poses a growing threat to humans and livestock.

Published 2 months ago

Calpers Chief Faces Short-Term and Long-Term Liabilities

Calpers Chief Faces Short-Term and Long-Term Liabilities

The CEO of America’s largest public pension fund is dealing with a chronic shortfall and recent questions about her management team and educational credentials.

Published 2 months ago

LNG in Europe Offers Opportunities for U.S., Challenges for Russia

LNG in Europe Offers Opportunities for U.S., Challenges for Russia

European efforts to import more liquefied natural gas are starting to pay off, moving the region further away from Russia’s energy orbit and potentially creating more opportunities for U.S. producers.

Published 2 months ago

FEMA Chief Brock Long’s Unauthorized Travel Cost Government $151,000, Inspector General Report Shows

FEMA Chief Brock Long’s Unauthorized Travel Cost Government $151,000, Inspector General Report Shows

President Trump’s top disaster official’s unauthorized use of government vehicles cost the government $151,000, according to an internal investigation.

Published 2 months ago

Bankers vs. Activists: Battle Lines Form Over Low-Income Lending Rules

Bankers vs. Activists: Battle Lines Form Over Low-Income Lending Rules

Treasury Secretary Steven Mnuchin and OCC head Joseph Otting want to overhaul the Community Reinvestment Act, in part based on their experiences running OneWest Bank. Mr. Otting has said the plan would rationalize the process and make it harder to derail mergers, while groups worry the changes could hurt lower-income borrowers.

Published 2 months ago

Federal Reserve Readies Third Interest-Rate Increase of 2018

Federal Reserve Readies Third Interest-Rate Increase of 2018

The central bank is prepared to raise rates by a quarter percentage point after its two-day policy meeting concludes Wednesday. It would be the eighth such move since late 2015.

Published 2 months ago

Apartment Rents Edge Higher

Apartment Rents Edge Higher

Third-quarter prices rose 2.9%, but tenants can still find deals in major metro areas.

Published 2 months ago

Trump Considers Keeping Rosenstein On, Advisers Say

Trump Considers Keeping Rosenstein On, Advisers Say

President Trump has told advisers he is open to keeping Deputy Attorney General Rod Rosenstein on the job, and allies of No. 2 Justice Department official said Tuesday he has given them the impression he doesn’t plan to quit.

Published 2 months ago