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Hartford City Workers Nervous Ahead of Potential Bankruptcy Filing

Hartford City Workers Nervous Ahead of Potential Bankruptcy Filing

Public-sector workers in cash-strapped Hartford, Conn., are on edge as city officials have said the state capital could seek authority to file for bankruptcy as early as November.

Published 7 months ago

Trump Optimistic on Reaching Tax Plan by Year-End

Trump Optimistic on Reaching Tax Plan by Year-End

President Donald Trump said Sunday that he was optimistic Congress would pass a tax plan he could sign by year’s end that reduces the corporate rate while providing tax relief for the middle class.

Published 7 months ago

As NFL Wobbles, Is This Baseball’s Time?

As NFL Wobbles, Is This Baseball’s Time?

Jason Gay: It may not be the TV ratings bonanza of Los Angeles vs. New York, but Dodgers-Astros has its upsides, too.

Published 7 months ago

At Fidelity, New Fallout From Claims of Sexual Harassment, Bullying

At Fidelity, New Fallout From Claims of Sexual Harassment, Bullying

Allegations of sexual harassment at Fidelity Investments have led to another employee departure, as the company deals with complaints of abusive workplace conduct.

Published 7 months ago

Health Advocates Gear Up for Open Enrollment

Health Advocates Gear Up for Open Enrollment

Consumer groups and some state officials, facing new pressure to show the Affordable Care Act remains in place after President Donald Trump declared it dead, have begun launching urgent outreach programs to sign people up for health coverage during the coming open-enrollment period.

Published 7 months ago

Environmentalists, Energy Companies Unite in Fight Against Electrical-Grid Plan

Environmentalists, Energy Companies Unite in Fight Against Electrical-Grid Plan

An array of industry and consumer interests, including some who are often at odds on policy, oppose an Energy Department proposal to overhaul electrical-grid pricing to shore up nuclear and coal-fired power plants.

Published 7 months ago

Hunt For Yield Fuels Boom in CLOs

Hunt For Yield Fuels Boom in CLOs

Return-starved investors are piling into collateralized loan obligations, or CLOs, leading to record volumes so far this year of the structured complex investment.

Published 7 months ago

How Facebook’s Master Algorithm Powers the Social Network

How Facebook’s Master Algorithm Powers the Social Network

Artificial intelligence permeates everything at Facebook Inc., the social network’s head of applied machine learning says—and humans are bound to understand Facebook less than ever.

Published 7 months ago

Japan's Abe Cements Hold on Power With Election Win

Japan's Abe Cements Hold on Power With Election Win

Japanese Prime Minister Shinzo Abe was on course for a strong new mandate from voters in a national election Sunday, exit polls showed, a result likely to embolden him to push for the first changes to the nation’s constitution since it was introduced in 1947.

Published 7 months ago

Tesla Strikes Deal With Shanghai to Build Factory in China

Tesla Strikes Deal With Shanghai to Build Factory in China

Electric-car maker Tesla has reached an agreement to set up its own manufacturing facility in Shanghai, a move that could help it gain traction in China’s fast-growing EV market.

Published 7 months ago

Fear of Violent Protests Raises Cost of Free Speech on Campus

Fear of Violent Protests Raises Cost of Free Speech on Campus

University of Florida and other U.S. schools are seeing their security costs soar as part of a growing toll from a wave of right-wing speakers facing off against left-wing protesters.

Published 7 months ago

ECB Stimulus Unwind Could Have Broad Knock-On Effect

ECB Stimulus Unwind Could Have Broad Knock-On Effect

The ECB is expected to begin unwinding its extraordinary monetary stimulus on Thursday. That could have a knock-on effect on markets, as investors trade assets in countries whose monetary policy is closely linked to the ECB.

Published 7 months ago

Kenya’s Disputed Election Lays Bare Pressure on Nation’s Courts

Kenya’s Disputed Election Lays Bare Pressure on Nation’s Courts

The stakes for Kenya’s courts, which in September annulled the country’s presidential vote, are getting higher as institutions tasked with carrying out the fresh elections have been thrown into disarray.

Published 7 months ago

U.S.-Backed Troops Take Syria’s Largest Oil Field From ISIS

U.S.-Backed Troops Take Syria’s Largest Oil Field From ISIS

U.S.-backed forces said they captured Syria’s largest oil field from Islamic State militants who had held it since 2014 and used it as a major source of revenue.

Published 7 months ago

China’s Road to Electric-Car Domination Is Driven in Part by Batteries

China’s Road to Electric-Car Domination Is Driven in Part by Batteries

Batteries have emerged as a critical front in China’s campaign to be the global leader in electric vehicles, but foreign auto makers and experts say it has set up the market to favor domestic suppliers.

Published 7 months ago