U.S. House Panel Probes Saudi Business With Kushner’s Firm
By Kanishka Singh WASHINGTON (Reuters) -A U.S. House of Representatives committee said on Thursday that it was investigating the Saudi…
2022
Coal pile slide buries, kills 2 at Colorado power plant
PUEBLO, Colo. (AP) — A slide on an 80-foot-high (24-meter-high) coal pile killed two workers Thursday at a southern Colorado…
Oil Rises 1% As U.S. Crude Drawdown Overshadows OPEC+ Boost
By Laura Sanicola (Reuters) -Oil rose more than 1% on Thursday after U.S. crude inventories fell more than expected amid…
Nikola Founder Trevor Milton Votes Against Issuing New Shares – Bloomberg News
(Reuters) – Nikola Corp’s founder Trevor Milton voted against the electric vehicle company’s proposal to issue new shares at the…
Fed Policymakers: September Rate Hike A Question Of How Big, Not If
(Reuters) – The Federal Reserve is likely to continue tightening monetary policy beyond the half percentage point interest rate hikes…
Goldman Sachs COO Waldron Sees Unprecedented Shocks In Economy
By Carolina Mandl and Elizabeth Dilts Marshall NEW YORK (Reuters) -Goldman Sachs’ President and Chief Operating Officer John Waldron said…
Average long-term US mortgage rates edge down, still over 5%
WASHINGTON (AP) — Average long-term U.S. mortgage rates edged down slightly this week, though interest rates on the key 30-year…
Amazon to close Kindle bookstore in China, halt device sale
Amazon said Thursday that it will shut down its digital Kindle bookstores in China and stop selling the device to…
U.S. Tech Sector Sees Highest Job Cuts In May Since Dec. 2020 – Report
(Reuters) – U.S. employers in the technology sector cut nearly nine times more jobs in May than in the first…
White House Weighing Oil Profits Tax To Fund Consumer Rebate, Official Says
By Trevor Hunnicutt WASHINGTON (Reuters) -The White House is considering proposals that would tax oil and gas windfall profits in…