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Trump Asks GOP Senators: Should Taylor or Powell Be Fed Chief?

Trump Asks GOP Senators: Should Taylor or Powell Be Fed Chief?

Donald Trump asked Republican senators at their meeting Tuesday which candidate they preferred to lead the Federal Reserve—current Fed governor Jerome Powell or Stanford University economics professor John Taylor.

Published 7 months ago

Court Rules Trump Administration Must Allow Undocumented Teen to Seek Abortion

Court Rules Trump Administration Must Allow Undocumented Teen to Seek Abortion

A divided federal appeals court ruled the Trump administration must allow an undocumented teenager to leave government custody so she may seek an abortion, a major swing in a case that touches on two highly divisive political issues.

Published 7 months ago

Four Americans Killed in Niger Battle Had Limited Combat Experience

Four Americans Killed in Niger Battle Had Limited Combat Experience

The release of the U.S. Army soldiers’ service records comes as the Pentagon faces criticism for a lack of transparency over the fatal U.S. mission in the West African country.

Published 7 months ago

Arizona GOP Sen. Jeff Flake Says He Won’t Seek Re-Election

Arizona GOP Sen. Jeff Flake Says He Won’t Seek Re-Election

Sen. Jeff Flake of Arizona, one of a handful of GOP senators to criticize President Donald Trump, said he wouldn’t run for re-election next year. The senator said the Republican Party under Mr. Trump is changing in ways he cannot support.

Published 7 months ago

More People Think Renting Is a Better Deal Than Buying

More People Think Renting Is a Better Deal Than Buying

A growing percentage of renters believe it is cheaper to rent than to buy a home, which helps explain why the homeownership rate remains persistently low nearly a decade after the housing crash.

Published 7 months ago

Why the NBA’s Big Men Are Getting Freakier

Why the NBA’s Big Men Are Getting Freakier

Giannis Antetokounmpo represents a generational shift across basketball: The game’s tallest players are now skilled enough to be point guards.

Published 7 months ago

Feud Between Trump, Corker Escalates

Feud Between Trump, Corker Escalates

President Donald Trump and Sen. Bob Corker renewed a caustic intraparty battle just hours before the president was scheduled to visit the Senate to discuss the Republican plan to overhaul the federal tax code.

Published 7 months ago

Built to Burn: Thousands of Buildings World-Wide Are Wrapped in Combustible Panels

Built to Burn: Thousands of Buildings World-Wide Are Wrapped in Combustible Panels

Experts say polyethylene-core panels, under investigation for their role in London’s deadly Grenfell Tower fire, endanger residents, workers, students, hospital patients and hotel guests in the U.S. and abroad.

Published 7 months ago

Martin Shkreli’s Legacy Upends a Creative Financier

Martin Shkreli’s Legacy Upends a Creative Financier

Martin Shkreli’s old company has turned into a dud investment for a financier who gained notoriety for​the wild ride taken by shares of DryShips.

Published 7 months ago

GM Posts Loss of Nearly $3 Billion

GM Posts Loss of Nearly $3 Billion

General Motors posted a net loss of nearly $3 billion in the third quarter, compared with a net profit of $2.8 billion a year earlier, with the bottom line pulled down by hefty costs from the sale of its European business and steep cutbacks in U.S. vehicle production.

Published 7 months ago

Wealthier Depositors Pressure Banks to Pay Up

Wealthier Depositors Pressure Banks to Pay Up

Large U.S. banks are starting to  pay up to keep depositors from moving their money, the latest sign that customers are growing more demanding as the economic recovery takes hold.

Published 7 months ago

WeWork Venture to Buy Lord & Taylor’s NYC Flagship Store for $850 Million

WeWork Venture to Buy Lord & Taylor’s NYC Flagship Store for $850 Million

Real-estate startup WeWork has struck a deal to acquire Lord & Taylor’s flagship New York City store for $850 million, a move that will convert the landmark building into the startup’s headquarters next year.

Published 7 months ago

Florida Nursing Homes Push Back on New Rules After Hurricane Irma Deaths

Florida Nursing Homes Push Back on New Rules After Hurricane Irma Deaths

Florida’s elder-care industry is mounting legal challenges to new rules Gov. Rick Scott ordered after eight patients from a nursing home that lost central air-conditioning died following Hurricane Irma.

Published 7 months ago

Big Mall Operator Bets That America Needs a New Mall

Big Mall Operator Bets That America Needs a New Mall

This summer, GGP broke ground on a new shopping mall, a seemingly risky venture in a world where retailers are closing hundreds of stores and malls across the country are trying to reinvent themselves.It could be one of the last enclosed malls ever built in the U.S.

Published 7 months ago

As ‘New Era’ Dawns, Xi’s Party Stays Out of the Sun

As ‘New Era’ Dawns, Xi’s Party Stays Out of the Sun

In China, Communist Party secrecy is accepted as a fact of life. As Beijing’s influence grows under Xi Jinping, the rest of the world will have a harder time with this arrangement.

Published 7 months ago