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Kevin McCarthy Hits Trail to Campaign for GOP, Speakership

Kevin McCarthy Hits Trail to Campaign for GOP, Speakership

House Majority Leader Kevin McCarthy is crisscrossing the country raising money for House Republicans tackling twin challenges: keeping the House GOP majority and getting elected as its speaker.

Published 3 months ago

Off the Scale: S&P’s China-Ratings Plan Spurs Worries of Too Many Triple-A’s

Off the Scale: S&P’s China-Ratings Plan Spurs Worries of Too Many Triple-A’s

S&P Global is developing a custom credit-rating scale for China that has investors worrying about inflated grades.

Published 3 months ago

Branded a Villain, Lehman’s Dick Fuld Chases Redemption

Branded a Villain, Lehman’s Dick Fuld Chases Redemption

A decade after presiding over the collapse of Lehman Brothers, former CEO Dick Fuld is still working on the second act of a Wall Street career that many predicted had also expired.

Published 3 months ago

Warren Buffett Explains the 2008 Financial Crisis

Warren Buffett Explains the 2008 Financial Crisis

A decade after the financial crisis, billionaire investor Warren Buffett explains what was behind the 2008 mayhem, what we can do to limit the damage and opportunities missed last time.

Published 3 months ago

South Africa’s central bank defiant on emerging market pressures

South Africa’s central bank defiant on emerging market pressures

Comparisons with Turkey and Argentina are inappropriate, says governor Kganyago

Published 1 second ago

US shale boom begins to cool

US shale boom begins to cool

Oil services chiefs warn of a slowdown in new wells being brought into production

Published 1 second ago

White House Searches for Anonymous Inside Critic

White House Searches for Anonymous Inside Critic

White House aides launched a search for the anonymous author of an opinion column who claimed to be part of a secret group of officials inside the administration acting as a check on President Trump’s “worst inclinations.”

Published 3 months ago

Kavanaugh Pledges Fairness as Supreme Court Justice

Kavanaugh Pledges Fairness as Supreme Court Justice

Supreme Court nominee Brett Kavanaugh wouldn’t say whether a president could pardon himself or must comply with a subpoena, instead promising senators to be an independent justice unswayed by politics.

Published 3 months ago

Off the Scale: S&P’s China-Ratings Plan Risks Too Many Triple-A’s

Off the Scale: S&P’s China-Ratings Plan Risks Too Many Triple-A’s

S&P Global is developing a custom credit-rating scale for China that has investors worrying about inflated grades.

Published 3 months ago

Justice Department Nearing Antitrust Approval of Health Mergers Combining CVS-Aetna, Cigna-Express Scripts

Justice Department Nearing Antitrust Approval of Health Mergers Combining CVS-Aetna, Cigna-Express Scripts

Antitrust enforcers are preparing to give the green light to two major deals in the health-care industry, CVS Health’s planned acquisition of health insurer Aetna and Cigna’s planned purchase of Express Scripts.

Published 3 months ago

Warren Buffett Explains the 2008 Financial Crisis

Warren Buffett Explains the 2008 Financial Crisis

A decade after the financial crisis, billionaire investor Warren Buffett explains what was behind the 2008 mayhem, what we can do to limit the damage and opportunities missed last time.

Published 3 months ago

SEC’s Stock Trading Experiment Cost Investors Over $300 Million, Study Finds

SEC’s Stock Trading Experiment Cost Investors Over $300 Million, Study Finds

The regulator’s move to increase the “tick size” of trading in hundreds of stocks was designed to encourage initial public offerings.

Published 3 months ago

Justice Department Nearing Antitrust Approval of Health Mergers Combining CVS-Aetna, Cigna-Express Scripts

Justice Department Nearing Antitrust Approval of Health Mergers Combining CVS-Aetna, Cigna-Express Scripts

Antitrust enforcers are preparing to give the green light to two major deals in the health-care industry, CVS Health’s planned acquisition of health insurer Aetna and Cigna’s planned purchase of Express Scripts.

Published 3 months ago

Off the Scale: S&P’s China-Ratings Plan Risks Too Many Triple-A’s

Off the Scale: S&P’s China-Ratings Plan Risks Too Many Triple-A’s

S&P Global is developing a custom credit-rating scale for China that has investors worrying about inflated grades.

Published 3 months ago