Former FCC Chairman Ajit Pai discusses the relevance of the communications sector in military operations on ‘The Claman Countdown.’ Elon Musk’s ties to China are causing unease in Washington, including among some Republican lawmakers who have been among the billionaire entrepreneur’s ardent supporters. The concerns center on the potential for […]
Month: September 2023
Mount Rushmore National Memorial in Keystone, S.D. features the sculpted heads of George Washington, Thomas Jefferson, Theodore Roosevelt, and Abraham Lincoln. Photo by Scott Olson/Getty Images Text size Investors will get a break this Monday to celebrate Presidents Day, a federal holiday that recognizes all U.S. presidents. The tradition dates […]
Federal Reserve officials are coalescing around a plan to raise interest rates steadily starting in March and then move swiftly to shrink the central bank’s big bond holdings as policymakers look to cool the economy at a moment of rapid inflation. While policymakers are likely to keep an eye on […]
Macy’s isn’t breaking up after all. On Tuesday, the department store chain affirmed that it will forge ahead as one retailer, despite pressure from activist Jana Partners to split into two entities. During a call with analysts, Macy’s Chief Executive Jeff Gennette explained that the department store chain had been […]
Stocks festooned themselves in green for St. Patrick’s Day after a slew of economic data releases backed up Federal Reserve Chair Jerome Powell’s recent observation that “this is a strong economy.” Initial unemployment filings for the week ended March 12 dipped to 214,000 – well below estimates for 220,000 and […]
A 20,000-square-foot Toys R Us location will open in mid-December at the American Dream megamall in New Jersey. Source: WHP Global Toys R Us is taking another shot at opening up a store in the United States after its comeback plans were thwarted earlier this year due to the coronavirus […]