Manhattan prosecutors subpoenaed bank
Manhattan prosecutors subpoenaed bank records and quietly worked on the investigation over the past year as they investigated Trump and his real estate business, sources familiar with the matter previously told CNN. But the district attorney's office deferred a charging decision on Bannon until federal prosecutors concluded their case against his three co-defendants, who were not pardoned. In April, two of the alleged co-conspirators in the border wall effort, Brian Kolfage and Andrew Ba...
Manhattan prosecutors subpoenaed bank
Manhattan prosecutors subpoenaed bank records and quietly worked on the investigation over the past year as they investigated Trump and his real estate business, sources familiar with the matter previously told CNN. But the district attorney's office deferred a charging decision on Bannon until federal prosecutors concluded their case against his three co-defendants, who were not pardoned. In April, two of the alleged co-conspirators in the border wall effort, Brian Kolfage and Andrew Ba...
Nearly three years after Adam Neumann stepped dow
Nearly three years after Adam Neumann stepped down as CEO of WeWork following a failed attempt to take the company public, he is said to once again be in charge of a billion-dollar real estate startup. Andreessen Horowitz, the prominent venture capital firm known for its early investments in Twitter and Airbnb, has pumped about $350 million into Neumann's newest venture, called Flow, according to The New York Times, citing unnamed sources briefed on the deal. The investment valued the st...
Nearly three years after Adam Neumann stepped dow
Nearly three years after Adam Neumann stepped down as CEO of WeWork following a failed attempt to take the company public, he is said to once again be in charge of a billion-dollar real estate startup. Andreessen Horowitz, the prominent venture capital firm known for its early investments in Twitter and Airbnb, has pumped about $350 million into Neumann's newest venture, called Flow, according to The New York Times, citing unnamed sources briefed on the deal. The investment valued the st...
Double-edged sword
Double-edged swordThis report, viewed in conjunction with the latest data that shows job openings still far surpassing the number of people looking for work, could put pressure on the Federal Reserve to continue its spate of aggressive rate hikes, he added. "As [Fed Chair] Jerome Powell and his colleagues continue to judge the job market as hot, that stays on the side of the ledger compelling them to continue to raise interest rates," he said. The Fed's monetary policymaking committee ne...
Double-edged sword
Double-edged swordThis report, viewed in conjunction with the latest data that shows job openings still far surpassing the number of people looking for work, could put pressure on the Federal Reserve to continue its spate of aggressive rate hikes, he added. "As [Fed Chair] Jerome Powell and his colleagues continue to judge the job market as hot, that stays on the side of the ledger compelling them to continue to raise interest rates," he said. The Fed's monetary policymaking committee ne...
If you're confused about whether the US economy is in a recession, you're not alone.
If you're confused about whether the US economy is in a recession, you're not alone. On one hand, gross domestic product, a key measure of economic output, shrank for the second straight quarter this week, raising fears that the country has entered -- or will soon enter -- recession territory. On the other hand, the job market remains very strong, telling us the economy is still robust. Some economists call two consecutive quarters of contraction a technical recession. And with good...
If you're confused about whether the US economy is in a recession, you're not alone.
If you're confused about whether the US economy is in a recession, you're not alone. On one hand, gross domestic product, a key measure of economic output, shrank for the second straight quarter this week, raising fears that the country has entered -- or will soon enter -- recession territory. On the other hand, the job market remains very strong, telling us the economy is still robust. Some economists call two consecutive quarters of contraction a technical recession. And with good...
I drove the last 150 miles
I drove the last 150 miles to Atlanta, crossing the state line through gorgeous wetlands and stopping at the Georgia Welcome Center, with hardly a thought about batteries or charging or range. * But I was driving $105,000 Mercedes. What if I'd been driving something that cost less and that, while still going farther than a human would want to drive at a stretch, wouldn't go far enough to make that trip as easily. Obviously, people do it. One thing that surprised me on this trip, com...
I drove the last 150 miles
I drove the last 150 miles to Atlanta, crossing the state line through gorgeous wetlands and stopping at the Georgia Welcome Center, with hardly a thought about batteries or charging or range. * But I was driving $105,000 Mercedes. What if I'd been driving something that cost less and that, while still going farther than a human would want to drive at a stretch, wouldn't go far enough to make that trip as easily. Obviously, people do it. One thing that surprised me on this trip, com...
