Bank of England’s Bailey faces backlash after discouraging pay rises

Andrew Bailey, governor of the Bank of England, speaks at a press conference on the Monetary Policy Report at the Bank of England on Feb. 3, 2022 in London, England. Dan Kitwood | Getty Images News | ...

Peter Thiel Leaving Meta Board To Focus On Pro-Trump Politics

Topline Billionaire Peter Thiel—one of Facebook’s earliest investors—plans to leave Meta’s board of directors, the company announced Monday, and plans to focus on influencing November’s midterm electi...

Opinion: Trump-related SPACs surge, then fall, as retail investors have their own Joe Rogan experience

Joe Rogan’s podcast future is up in the air, and — for a few hours on Monday — so were the stock prices of some MAGA SPACs. Shares in CF Acquisition Corp VI CFVI, +18.17% soared as high as 39.7% in la...

Trump SPAC stock Digital World Acquisition Corp. plunges on delay news

Rep. Devin Nunes (R-CA) Brendan Smialowski | AFP | Getty Images The stock price of the blank-check company that has partnered with ex-President Donald Trump’s social media firm plunged Monday in...

Arkansas’ Studio Theatre has a denied Covid relief grant overturned

The Studio Theatre in Little Rock, AR Jennifer Schlesinger | CNBC After months of limbo and mounting debts, the Studio Theatre in Little Rock, Arkansas, got some welcome news from the Small Business A...

USDA to spend $1 billion on agriculture projects tackling climate change

A wind farm shares space with corn fields in Latimer, Iowa, U.S. Jonathan Ernst | Reuters The U.S. Department of Agriculture will spend $1 billion on projects for farmers, ranchers, and forest landown...

London’s mayor Sadiq Khan calls for register of foreign-owned property

Luxury residential townhouses stand overlooking Regents Park in London, U.K., on Friday, Nov. 29, 2019. U.K. house prices increased at their fastest pace in more than a year in November, according to ...

5 things to know before the stock market opens Monday, February 7

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street edged up after S&P 500, Nasdaq score best weeks of 2022 Traders work on the flo...

These end-of-life planning forms will save your family a lot of heartache, the trouble with Alaska’s oil fund and more retirement news

From MarketWatch: Opinion: Big money trouble with Alaska’s $80 billion oil fund: A major political row has broken out at Alaska’s Permanent Fund, the state’s giant $82 billion oil fund, where the firi...

Amazon May Have Saved the Stock Market. But It’s Looking Even Worse for Meta.

After Meta Platforms’ disastrous earnings outlook, the mood was pretty sour. And with investors weighing up the Federal Reserve’s future path for interest rates and the potential impact on valuations,...

Though rare, Moderna Covid vaccine recipients have higher risk of heart inflammation than Pfizer

Moderna’s two-dose Covid-19 vaccine is associated with a higher risk of heart inflammation than Pfizer’s, but the benefits of both companies’ shots outweigh the risks, according to a...

Black unemployment rate dips, labor force participation rises in January

A Now Hiring sign hangs near the entrance to a Winn-Dixie Supermarket on September 21, 2021 in Hallandale, Florida. Joe Raedle | Getty Images The January jobs report showed some signs of optimism for ...

How the Biden administration misread the inflation threat

U.S. Treasury Secretary Janet Yellen (L) and Federal Reserve Board Chairman Jerome Powell (R) testify during a hearing before Senate Banking, Housing and Urban Affairs Committee on Capitol Hill Novemb...

Moderna’s Covid vaccine for teens awaits OK as regulators review heart inflammation risk

A healthcare worker fills a syringe with Moderna COVID-19 vaccine. Ben Hasty | MediaNews Group | Getty Images For months, the authorization of Moderna’s Covid-19 vaccine for teenagers has been o...

at-home testing, from Covid to cancer, worth $2 billion dollars

The at-home testing market is bigger than just Covid tests, and it’s bigger than over-the-counter pregnancy tests. In fact, the emerging marketplace of consumer-initiated lab testing may be wort...

Republicans grill Fed nominee Raskin over past views on climate and big energy companies

Sarah Bloom Raskin, nominated to be vice chairman for supervision and a member of the Federal Reserve Board of Governors, gestures during a Senate Banking, Housing and Urban Affairs Committee confirma...

Merck (MRK) earnings Q4 2021

Merck sold $952 million of its Covid-19 treatment pill molnupiravir in the fourth quarter, saying Thursday it’s on track to sell another $5 billion to $6 billion more this year. Most of its sale...

Opinion: Biden borrows too much, while America’s economy hollows out

It’s easy to be distracted by Russia’s provocations in Ukraine and the Federal Reserve’s new war on inflation but as the economy recovers from the delta and omicron variants, difficult post-pandemic c...

Democratic Sen. Ben Ray Lujan expected back to work in 4-6 weeks after surgery for stroke

Rep. Ben Ray Lujan, D-N.M., conducts a news conference in the Capitol Visitor Center to announce a new infrastructure investment framework on Wednesday, January 29, 2020. Tom Williams | CQ-Roll Call, ...

Airlines ask Biden to drop Covid testing for vaccinated travelers before U.S.-bound flights

A traveler wears a face mask while checking their phone on the arrivals level outside the Tom Bradley International Terminal (TBIT) at Los Angeles International Airport (LAX) amid increased Covid-19 t...

Biden urges against USPS plan to spend billions on gas vehicles

A postal worker loads a delivery truck on October 01, 2021 in Chicago, Illinois. Scott Olson | Getty Images The Biden administration on Wednesday attempted to halt the U.S. Postal Service’s plan...

Extreme heat driven by climate change is new normal for oceans

A diver checks the coral reefs of the Society Islands in French Polynesia. on May 9, 2019 in Moorea, French Polynesia. Alexis Rosenfeld | Getty Images More than half of the world’s ocean surface...

Bob Johnson says Biden’s Build Back Better bill needs to direct money to Black-owned businesses

BET founder Bob Johnson told CNBC on Tuesday the Biden Administration needs to take additional steps in its Build Back Better plan to tackle the wealth gap between Black and white Americans. “Wh...

Democrats urge Biden to pass climate change part of Build Back Better

Supporters demonstrate in favor of Build Back Better on the Senate Steps of the U.S. Capitol on Dec. 15, 2021. Leigh Vogel | Getty Images House Democrats have reupped calls for President Joe Biden to ...

Leadership of China’s Xi threatened by Covid, real-estate crisis

George Soros, billionaire founder of Soros Fund Management LLC, at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2020. Simon Dawson | Bloomberg | Getty Images Chinese leader Xi Jinping&#...

California officials warn state could face third consecutive dry year

In an aerial view, dry cracked earth is visible at Nicasio Reservoir on June 16, 2021 in Nicasio, California. Justin Sullivan | Getty Images California water officials warned on Tuesday that the state...

Pfizer asks FDA to expand use of Covid vaccine to kids under 5

A student gets help with his mask from transitional kindergarten teacher Annette Cuccarese during the first day of classes at Tustin Ranch Elementary School in Tustin, CA on Wednesday, August 11, 2021...

Sen. Ben Ray Lujan suffered stroke and underwent surgery

Sen. Ben Ray Lujan, D-N.M., attends a news conference outside the U.S. Capitol to demand greater accountability, transparency and oversight of federal agencies, at the U.S. border with Mexico on Tuesd...

WHO says the new omicron subvariant doesn’t appear to be more severe than the original

WHO Technical lead head COVID-19 Maria Van Kerkhove attends a news conference organized by Geneva Association of United Nations Correspondents (ACANU) amid the COVID-19 outbreak, caused by the novel c...

U.S. Covid fatalities reach highest level in a year as omicron cases subside

The ChristianaCare health system in Wilmington, Delaware, implemented “crisis standards of care” for the first time in its 130-year history last month as a fresh wave of Covid-19 infection...

How Suburban Sprawl’s Single-Family Home Zoning Limits Housing Supply

America’s suburbs are sprawling again. Last year, single family housing starts rose to 1.123 million, the highest since 2006, according to the National Association of Home Builders, however, opt...