Investors Try to Parse Jay Powell and Janet Yellen’s Next Moves on Banks

Investors Try to Parse Jay Powell and Janet Yellen’s Next Moves on Banks

Jerome Powell, the chair of the Federal Reserve, and Treasury Secretary Janet Yellen said that more must be done to rein in banks. What that looks like is unclear.
Pulling the Plug on TikTok Will Be Harder Than It Looks

Pulling the Plug on TikTok Will Be Harder Than It Looks

The tensions over the Chinese-owned social media app will come to a head on Thursday, when the company’s chief executive testifies on Capitol Hill.