Most economists and Wall Street investors had expected the Fed to carry out another quarter-point increase when it next meets March 21-22. But in recent days, traders have been pricing in a greater likelihood of a half-point increase.
SoFi Bank argues the moratorium has no legal basis and has cost the bank, known for its refinancing business, millions of dollars in profits.
The company experienced an uptick of instability and bugs in recent months after new owner Elon Musk cut its staff sharply.
Jack Harvey was taken to a hospital and Helio Castroneves needed an ice pack and X-rays. A pair of cars went airborne, the leaders crashed into each other and the entire Andretti Autosport fleet was eliminated.
The expected action is the latest effort by the White House to target China’s military and technology sectors at a time of increasingly fraught relations between the world’s two biggest economies.
The company has already hired more than 8,000 employees in the Arlington, Virginia, area and will welcome them to Met Park campus, the first phase of development, when it opens this June.
But experts say removing them will cost billions, a burden that will fall hardest on small communities with few resources.
The White House is calling for money and more time to prosecute cases, to put into place new ways to prevent identity theft and to help people whose identities were stolen.
The former representative for Indiana’s 4th Congressional District is accused of illegally garnering stock windfalls by exploiting his consulting clients’ corporate secrets years after he left Congress.
As Charlie Baker takes over as president of the Indianapolis-based NCAA, he brings a different way of thinking about one of the more important and most polarizing issues in college athletics: regulating how college athletes monetize their fame.
Railroads like the one involved in last month’s fiery crash and toxic chemical release in Ohio would be subject to a series of new federal safety regulations and financial consequences under legislation being introduced Wednesday by the state’s two U.S. senators.
Here’s a closer look at the economy’s vital signs at a perplexing time of high interest rates, still-punishing inflation and surprisingly strong economic gains.
IndyCar finally has its own television program, a refocused marketing plan, aggressive sustainability efforts and a whopping 27 full-time entrants as the season begins this weekend in Florida.
In questioning on Tuesday, Chief Justice John Roberts pointed to the wide impact and expense of the program, which is estimated to cost $400 billion over 30 years.
A survey of 145 Division I public universities in the states where sports betting is legal found that only 23% had published sports betting policies. Purdue University is one of them.
The EPA now is getting close to having enough certified facilities to take all of the waste from the site of the Feb. 3 derailment in East Palestine, said Debra Shore, a regional administrator with the agency.
Congress passed the “No TikTok on Government Devices Act” in December as part of a sweeping government funding package.
It’s the second time in three years that the justices will be examining the federal agency, which was created in the wake of the 2008 financial crisis.
Dozens of newspapers have said they would cease to publish “Dilbert.” The strip, which lampoons office culture, first appeared in 1989.
A third of the economists who responded to the survey now expect a recession to begin in the April-June quarter. One-fifth think it will start in the July-September quarter.
