WASHINGTON (AP) — Federal judges would have to publicly disclose more about their finances under a bill approved by the Senate this week, which aims to make the judiciary subject to similar transparency requirements as lawmakers. The bipartisan bill by Sens. John Cornyn, R-Texas, and Chris Coons, D-Del., is intended to make it easier for…
Leave it to Elon Musk to stir up controversy without saying — or tweeting — a word. In November, according to a regulatory filling, the Tesla CEO donated to charity about 5 million shares of company stock, worth $5.7 billion. Since the filing with the Securities and Exchange Commission was made public Monday, Tesla hasn’t…
PHOENIX (AP) — An Arizona bill to prohibit government agencies from contracting with firms that refuse to do business with firearms companies received strong support this week from majority Republicans on a state House committee but generated tough criticism from the banking industry. The proposal from GOP Rep. Frank Carroll would require companies doing business…
MacKenzie Scott, who has given at least $8 billion in the past two years to mostly small nonprofits that serve people in need, used to release posts on Medium about her gifts and who got them. Then Scott stopped naming names. She announced in December that more focus should be on the nonprofits. “I want…
NEW YORK (AP) — The Federal Reserve should start raising interest rates next month to help rein in too-high inflation, Federal Reserve Bank of New York President John Williams said Friday. But he added that the rate hikes may not have to begin with as big a bang as some have suggested. With inflation at…
LOS ANGELES (AP) — Sales of previously occupied homes rose in January as a surge in buyers with cash and others eager to avoid higher mortgage rates snapped up properties, leaving the number of available houses on the market at a record low. Existing home sales rose 6.7% last month from December to a seasonally…
JAKARTA (AP) — Finance leaders of the world’s biggest economies called Friday for a cautious and well coordinated approach to navigating recoveries from the pandemic. Finance ministers and top central bankers of the Group of 20 industrial nations agreed on a need to carefully calibrate moves by the U.S. and other countries to combat inflation…
DETROIT (AP) — Prices of new and used automobiles are staggeringly high, and that’s partly responsible for strong earnings last year by AutoNation, the country’s largest dealership group. Mike Manley, CEO of the Fort Lauderdale, Florida, company, said used-vehicle prices are starting to ease a bit, but he doesn’t think new-vehicle supplies will improve much…
Stocks capped a week of volatile trading on Wall Street with a broad sell-off Friday that left the major indexes with their second straight weekly loss. The selling lost some momentum into the afternoon, but the intensified again in the final hour of trading. The S&P 500 and the Dow Jones Industrial Average each fell…
MEXICO CITY (AP) — Experts say you may be paying more for your avocado toast in the short term, and the effects of the U.S. temporary ban on imports of the fruit is already being felt by avocado pickers in Mexico. Mexico is negotiating security guarantees for U.S. inspectors who certify Mexican avocados for export….
