The Safe Investment That Will Soon Yield Almost 10%

There’s no such thing as a free lunch in finance. Except maybe this: The interest rate on inflation-adjusted U.S. savings bonds will approach 10% beginning in May. U.S. Treasury Series I Bonds, or I B...

WHO says it closely watching as China grapples with its worst Covid surge yet

Shanghai, home to the world’s largest container shipping port, began a two-part lockdown on March 28 and has yet to announce when restrictions will lift. Yang Jianzheng | Visual China Group | Ge...

White House expects big price hikes in March CPI report

White House press secretary Jen Psaki answers questions during the daily briefing on March 09, 2022 in Washington, DC. Psaki answered a range of questions related primarily to Russia’s invasion ...

U.S. inflation could affect 2022 Senate midterms in Georgia, Arizona

Republican activists seek drivers’ attention as they work to register voters to their party at a gas station in Garden Grove, California, U.S., March 29, 2022.  Mike Blake | Reuters Matthew Rice...

‘It seems a bit like Lucy pulling the football away.’ Student loan borrowers got another break on payments — what comes next?

President Joe Biden extended the lifeline the federal government has provided to most student-loan borrowers during the pandemic. But that doesn’t mean these borrowers are feeling any more assured of ...

Russia Cuts Key Interest Rate. Protecting the Ruble Is Painful.

Text size alexander nemenov/Agence France-Presse/Getty Images The Russian central bank cut its benchmark interest rate from 20% to 17% on Friday after more than doubling it just days into the Ukraine ...

Putin May Use U.S. Support For Ukraine As A Pretext To Meddle In U.S. Politics, U.S. Intelligence Reportedly Believes

Topline Russian President Vladimir Putin might use the United States’ support for Ukraine’s resistance to Russia’s invasion to meddle in another U.S. election, U.S. intelligence officials have conclud...

There’s a growing interest in wealth taxes on the super-rich

Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021. Greg Nash | Pool | Reuters Americans increasingly favor a wealth tax on the ultra-rich. But despit...

Landlord of men accused of impersonating DHS agents won unpaid rent judgment

Arian Taherzadeh seen in photos submitted in a D.O.J. affidavit. Courtesy: D.O.J The landlord of two Washington, D.C., men charged with impersonating Department of Homeland Security agents won a judgm...

NYC loses fight to boot Trump from Ferry Point Bronx golf course

A ‘TRUMP’ branded helicopter sits near a putting green during a ribbon cutting event for a new clubhouse at Trump Golf Links at Ferry Point, June 11, 2018 in The Bronx borough of New York ...

United pushes back the return of dozens of Boeing 777 jets until at least May 13

Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines is pushing back the return of dozens of Boeing 777 ...

Over 100 attacks on health sites, transport vehicles, WHO says

A mother holds her newborn baby in the bomb shelter of a maternity hospital on March 02, 2022 in Kyiv, Ukraine. Valentyn Ogirenko | Reuters The World Health Organization on Thursday condemned Russia&#...

Manhattan DA says Trump criminal investigation continues

Former U.S. President Donald Trump speaks during a rally at Florence Regional Airport in Florence, South Carolina, U.S., March 12, 2022.  Randall Hill | Reuters The Manhattan district attorney, in an ...

Why Russia Doesn’t Want to Default—Even in a Time of War

Behind the fight over whether Russia should be allowed to pay off its debts is an age-old issue: Borrowers, even in times of war, want to keep their reputations for making investors whole. The U.S. Tr...

New York Attorney General asks judge to hold Donald Trump in contempt

New York State Attorney General, Letitia James, speaks during a news conference, to announce criminal justice reform in New York City, U.S., May 21, 2021. Brendan McDermid | Reuters New York Attorney ...

Methane emissions surged by a record amount in 2021, NOAA says

A broken oil well pipeline gauge near Depew, Oklahoma J Pat Carter/Getty Images Global emissions of methane, the second biggest contributor to human-caused climate change after carbon dioxide, surged ...

U.S. has until June to decide on new vaccines for this fall, FDA official says

A volunteer is injected with a vaccine as he participates in a coronavirus disease (COVID-19) vaccination study at the Research Centers of America, in Hollywood, Florida, September 24, 2020. Marco Bel...

House Speaker Nancy Pelosi has Covid, stood next to Biden

US President Joe Biden signs H.R. 3076, the Postal Service Reform Act of 2022, during a ceremony in the State Dining Room of the White House in Washington, DC, on April 6, 2022. Mandel Ngan | AFP | Ge...

Scaramucci Views Cryptocurrencies As Having Very Promising Potential Yet Is Very Concerned Regarding US Politics

The war in Ukraine tempers his long-term optimism for the industry’s future and for a $500,000 BTC price high point. The Securities and Exchange Commission (SEC) denied Skybridge’s request to launch a...

NFL warned to address gender harassment or face investigation

Roger Goodell Catalina Fragoso | USA TODAY Sports | Reuters Attorneys general of six states warned the National Football League on Wednesday to take “swift action” in responding to recent ...

Scientists divided on need for fourth shots after FDA authorization

Cathy Dozal gets her second booster shot against COVID-19 from Vocational nursing student, Patricia Lizardo, at Long Beach City College in Long Beach on Wednesday, March 30, 2022. Brittany Murray | Me...

Why JetBlue is willing to shell out $3.6 billion for discount airline Spirit

View of JetBlue planes at Terminal 5 of John F. Kennedy International Airport on May 12, 2020 in New York, NY. Pablo Monslave | Getty Images JetBlue on Wednesday said its $3.6 billion all-cash bid for...

Watch Treasury Secretary Janet Yellen speak live on the global financial system

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Treasury Secretary Janet Yellen testifies Wednesday before the House Financial Ser...

Homebuilders turn to mixed-use districts, master-planned communities

Americans who are short on cash to make rent may need to face an uncomfortable reality: Conditions will likely get worse before they get better. U.S. housing supply fell to the lowest levels observed ...

Elon Musk admits his Twitter investment isn’t passive and reveals that he began buying the stock in January

Elon Musk filed a new disclosure on his Twitter Inc. stake with the Securities and Exchange Commission on Tuesday, admitting that he invested in the company with the goal of effecting change and that ...

U.S. Treasury bars Russia payments in dollars from US accounts

The U.S. Treasury Department will not allow any Russian government debt payments from accounts at U.S. financial institutions to be made in U.S. dollars, restricting one of the strategies President Vl...

JetBlue’s all-cash bid for Spirit Airlines complicates Frontier tie-up

JetBlue Airways made a $3.6 billion all-cash offer for Spirit Airlines, raising questions about Spirit’s deal to combine with rival discount carrier Frontier Airlines. Spirit said its board was ...

CDC director says high immunity in U.S. population provides some protection against omicron BA.2

CDC Director Rochelle Walensky on Tuesday said there is enough immunity in the U.S. population to provide some protection against the more contagious omicron BA.2 subvariant, which could help stave of...

Biden administration to launch long Covid research plan

U.S. President Joe Biden delivers remarks on the coronavirus disease (COVID-19) before receiving a second COVID-19 booster vaccination in the Eisenhower Executive Office Building’s South Court Auditor...

A big shift is under way for markets, and old Warren Buffett shareholder letters point to which companies will survive

Given a war and inflation have marked the start of 2022, investors would be forgiven for holding their breath over the rest of the year’s offerings. Our call of the day from a team at Saxo Bank sees a...

Elon Musk Is Already Dropping Hints on His Plans for Twitter. So Much for ‘Passive.’

The world’s richest person may have taken a ‘passive’ stake in Twitter , but he is clearly intent on playing an active role in pushing for change on the platform itself. There is a chance the stake wi...

Ukraine war, inflation and need for higher interest rates creating ‘unprecedented’ situation, says Jamie Dimon

JPMorgan Chase & Co. CEO Jamie Dimon said the Western world faces “challenges at every turn” but the U.S. economy remains strong, according to his annual letter to shareholders. JPMorgan’s JPM, +0...