CNN has identified the vessel as the bulk carrier Matros Pozynich. On April 27, the ship weighed anchor off the coast of Crimea, and turned off its transponder. The next day she was seen at the port of Sevastopol, the main port in Crimea, according to photographs and satellite images. The Matros Pozynich is one […]
Check out what’s clicking on FoxBusiness.com. Federal Reserve Chairman Jerome Powell could win Senate confirmation as soon as Thursday afternoon, according to CSPAN. Powell was nominated for a second term by President Biden. GET FOX BUSINESS ON THE GO BY CLICKING HERE There had been a chance that the vote would take place Wednesday night, […]
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 am ET. Subscribe Today’s newsletter is by Ethan Wolff-Mann, a senior writer. Follow him on Twitter @ewolffmann. The chorus of those wanting a weaker labor market is getting louder and louder. After […]
News Releases Logan Currently Leads the Fed’s Implementation of Monetary Policy at the New York Fed May 11, 2022 DALLAS—The Federal Reserve Bank of Dallas today announced the appointment of Lorie K. Logan as president and chief executive officer. In this role, Logan will represent the Eleventh Federal Reserve District on the Federal Open Market […]
Small business owners in Kansas criticized a new law that exclusively provides mega corporations with massive subsidies and said they’d hire more staff and invest into growing their companies if they received similar tax breaks. The Attracting Powerful Economic Expansion Act (APEX) offers companies over $1 billion in public subsidies through measures such as tax […]
Check out what’s clicking on FoxBusiness.com. Siemens has joined a number of businesses that have announced an exit or suspension of their services in Russia due to the invasion of Ukraine. The company had put all new business in and international deliveries to Russia and Belarus on hold at the start of the war. GET […]
Laurence “Larry” Fink, chairman and chief executive officer of BlackRock Inc., pauses as he speaks during the BlackRock Asia Media Forum in Hong Kong, China. Justin Ching | Bloomberg | Getty Images BlackRock, the largest asset manager in the world, said it will likely vote to support fewer climate proposals from companies in its investment […]
His remarks came as inflation in April hit an annual rate of 8.3%. May 11, 2022, 7:19 PM • 5 min read Share to FacebookShare to TwitterEmail this article President Joe Biden hit the road Wednesday to talk about the role American farmers can play in alleviating global food shortages caused by Russia’s invasion of […]
Treasury Secretary Janet Yellen today said that stablecoins need to be regulated by this year. In a hearing Tuesday, Secretary Yellen said that although digital assets may “promote innovation,” they could also “present risks to the financial system.” The Treasury Secretary used the example of earth, a blockchain which has a native stablecoin, UST. Yesterday, […]
Hillary Frey, a former executive editor at HuffPost and Fusion, is joining Slate as its new editor-in-chief, Slate CEO Dan Check announced in a note to staff Wednesday. Why it matters: Frey replaces Jared Hohlt, Slate’s previous editor-in-chief, who stepped down from the company in January after three years on the job. Frey currently serves […]