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Bonds are back, but for how long?

3 years 8 months ago
Stocks soared on Friday to their best day in more than a month. The Dow gained 700 points and the S&P 500 and Nasdaq rose by 2.3% and 2.6% respectively, as traders bet that a slowdown in wage growth could mean that inflation may finally be cooling off.

Pentagon prepares for GOP-led probes

3 years 8 months ago
Pentagon officials have held multiple high-level meetings in recent months in preparation for a barrage of Republican-led House investigations into issues varying from the US withdrawal from Afghanistan withdrawal to what conservative lawmakers have deemed "woke" military policies, according to a senior defense official.

Goldman Sachs will lay off up to 3,200 workers

3 years 8 months ago
Goldman Sachs will lay off as many as 3,200 employees this week as an uncertain economic and market climate pushes the bank to hunt for cost savings, according to a person familiar with the matter.

McCarthy speaker saga shows Trump is far from untouchable ahead of 2024

3 years 8 months ago
Kevin McCarthy's seven-year-plus dream to become House speaker finally became reality early Saturday morning. The California Republican's tumultuous journey concluded after six Republican holdouts voted "present," allowing him to win on the 15th ballot with a lower majority threshold.

Woman sentenced for role in viral GoFundMe scam

3 years 8 months ago
A New Jersey woman has been sentenced to three years in state prison for her role in scamming more than $400,000 from GoFundMe donors, by claiming to be collecting money for a homeless man.

How an American hero 'lit his legacy on fire'

3 years 8 months ago
The evolution of Rudy Giuliani is an epic tale. A celebrated crime fighter who brought down mafia bosses and put Wall Street crooks behind bars, he traded on trust and integrity to prove Republicans could still get elected as mayors of big cities.
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