Kevin McCarthy’s Business Ties Complicate His Rise to Power
Posted inBankman-Fried, Sam Benioff, Marc Butterfield, Stewart Democratic Party Elections Federal Reserve System House of Representatives Labor and Jobs McCarthy, Kevin (1965- ) Republican Party Ryan, Paul D Jr Salesforce.com Inc Standard & Poor's 500-Stock Index Teneo Holdings LLC United States Politics and Government

Kevin McCarthy’s Business Ties Complicate His Rise to Power

To land the House speaker position, the California Republican will have to win over opponents who question his ties to Silicon Valley and his commitment to right wing causes.
Tesla Investors Fear for a Tough 2023
Posted inBankman-Fried, Sam BlockFi Inc Buck, Joe Buffalo Bills Cincinnati Bengals Digital Currency Group Inc Electric and Hybrid Vehicles Football Genesis Global Capital Gensler, Gary S Hamlin, Damar (1998- ) HK FTX Trading Ltd (Futures Exchange) House of Representatives McCarthy, Kevin (1965- ) Microsoft Corp Musk, Elon Tagovailoa, Tua Tesla Motors Inc Twitter Volkswagen AG

Tesla Investors Fear for a Tough 2023

A huge sell-off wiped billions of dollars from the electric carmaker’s market capitalization on Tuesday. Analysts see more trouble ahead.
How Sam Bankman-Fried Negotiated His Bail
Posted inBankman-Fried, Sam Constellation Brands Inc Democratic Party Epstein, Jeffrey E (1953- ) European Parliament Georgieva, Kristalina Ivanova HK FTX Trading Ltd (Futures Exchange) House of Representatives Iger, Robert A McCarthy, Kevin (1965- ) Meta Platforms Inc Musk, Elon Republican Party Santos, George (1988- ) Standard & Poor's 500-Stock Index Stocks and Bonds Suits and Litigation (Civil) Twitter United States Politics and Government

How Sam Bankman-Fried Negotiated His Bail

Intense legal wrangling led to the disgraced crypto mogul paying virtually nothing to live with his parents ahead of his upcoming trial. He returns to court on Tuesday.
Biden Caps Two Years of Action on the Economy, With New Challenges Ahead
Posted inBiden, Joseph R Jr Deese, Brian C (1978- ) Dunn, Anita Factories and Manufacturing House of Representatives Inflation Reduction Act of 2022 Infrastructure (Public Works) Landrieu, Mitch McConnell, Mitch National Economic Council (US) Republican Party United States Economy United States Politics and Government White House Council of Economic Advisers

Biden Caps Two Years of Action on the Economy, With New Challenges Ahead

The president used a slim congressional majority to enact legislation that could reshape the American economy — if his administration can make the laws succeed.