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WWE’s WrestleMania arrives this weekend to a massive audience and vastly larger sponsorship revenue as it seeks to establish itself as a serious contender for major dollars from such partnerships. … more
President Joe Biden is kicking off his second Summit for Democracy with a pledge for the U.S. to spend $690 million bolstering democracy programs around the globe. Biden frequently speaks of the U.S. … more
Paris authorities are cleaning up debris from the French capital's streets following fresh anti-pension reform protests that appear to be winding down, as striking sanitation workers are set to … more
UBS says it’s bringing back former CEO Sergio Ermotti to lead the Swiss bank as it moves forward with a government-orchestrated plan to take over struggling rival Credit Suisse. The bank said … more
Renewable energy investors who lost subsidies promised by Spain are heading to a London court to try to claw back $125 million from the government. It's a decadelong dispute with ramifications for … more
The Fed’s two hats
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"Your state trooper dad wrote you a ticket?" A girl I knew in high school caused a wreck in front of her house. Her dad ran out of the house to make sure she was OK. Once he knew she was unhurt, he walked back into the house and got his ticket book. It was a difficult day to wear two hats; he was a Dad and a State Trooper. Unfortunately, the Federal Reserve is struggling to wear two hats as well. more
If U.S. Vice President Kamala Harris has a favorite number on her trip to Africa, it’s undoubtedly 19. That’s the median age on the continent, and she repeats the fact at every opportunity. For … more
Longtime Starbucks CEO Howard Schultz will face sharp questioning Wednesday when he appears before the Senate Health, Education, Labor and Pensions Committee to defend the company’s actions during … more
California Gov. Gavin Newsom has signed a new law that could penalize oil companies for making too much money. The law is in response to record high gas prices last summer while oil companies made … more
Federal safety officials are investigating the role of a natural gas pipeline in a fatal blast at a Pennsylvania chocolate factory. The National Transportation Safety Board announced the probe late … more
Sports gambling in North Carolina has soared over a major hurdle as the House voted for legislation to permit, regulate and tax wagering activities. The 66-45 vote on Tuesday came less than a year … more
New Mexico's largest electric provider wants the state's highest court to overturn a 2021 decision by regulators who rejected a proposal to transfer shares in a coal-fired power plant to a Navajo … more
Two Texas companies have resolved Clean Air Act violations with the Environmental Protection Agency by agreeing to reduce emissions of planet-warming methane and other harmful pollutants wafting from … more
French prosecutors say authorities have raided the Paris offices of five banks on suspicion of tax fraud. Prosecutors say the raids Tuesday are part of five preliminary investigations opened in … more
Minnesota Attorney General Keith Ellison plans to lead the opening statements Tuesday in his state’s lawsuit against Juul Labs. He says the state is seeking more than $100 million in damages. It's … more
Billionaire Warren Buffett's company bought more than $200 million more Occidental Petroleum stock over the past week to give it control of 23.6% of the oil producer's stock. Berkshire Hathaway … more
Republican House Speaker Kevin McCarthy says he’s growing increasingly concerned about President Joe Biden’s unwillingness to negotiate on lifting the nation’s borrowing authority. He says in a … more
US consumer confidence ticks up in March
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Consumer confidence inched up in March after two straight monthly declines, even as persistent inflation, bank collapses and anxiety over a possible recession weighed on Americans. The Conference … more
Can playing more Roblox make your kids more philanthropic? That’s what the nonprofit Comic Relief US hopes, announcing Tuesday its new Kids Relief initiative to encourage giving and community … more
A new indictment charges FTX founder Sam Bankman-Fried with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business. The rewritten … more
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