Ex-Attorney General William Barr's
Ex-Attorney General William Barr's scathing critique of a major court victory for Donald Trump in the Mar-a-Lago classified documents drama is escalating the scrutiny of the judge who put the brakes on the investigation. Barr was once seen as a facilitator of the then-President's penchant for tearing at the limits of presidential power. But since Trump's refusal to accept his defeat to President Joe Biden in 2020, Barr has emerged as one of his most acerbic and significant crit...
Ex-Attorney General William Barr's
Ex-Attorney General William Barr's scathing critique of a major court victory for Donald Trump in the Mar-a-Lago classified documents drama is escalating the scrutiny of the judge who put the brakes on the investigation. Barr was once seen as a facilitator of the then-President's penchant for tearing at the limits of presidential power. But since Trump's refusal to accept his defeat to President Joe Biden in 2020, Barr has emerged as one of his most acerbic and significant crit...
to banks, from 2.1% to 2%. The central bank also
China's central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn. The People's Bank of China reduced the main rate at which it provides short-term liquidity to banks, from 2.1% to 2%. The central bank also cut the rate of its one-year lending facility from 2.85% to 2.75% in order to "maintain reasonable and sufficient liquidity in the banking system," it said in a statement. ...
to banks, from 2.1% to 2%. The central bank also
China's central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn. The People's Bank of China reduced the main rate at which it provides short-term liquidity to banks, from 2.1% to 2%. The central bank also cut the rate of its one-year lending facility from 2.85% to 2.75% in order to "maintain reasonable and sufficient liquidity in the banking system," it said in a statement. ...
Musk last month moved to terminate his agreement to buy
Musk last month moved to terminate his agreement to buy Twitter, accusing the company of breaching the deal by making misleading statements about the number of bot accounts on its platform and withholding information that he claims could help him evaluate the issue. Days later, Twitter filed a lawsuit against the billionaire, alleging that he'd violated the agreement and asking a court to compel him to follow through with the deal. In addition to doubling down on concerns about bot accou...
Musk last month moved to terminate his agreement to buy
Musk last month moved to terminate his agreement to buy Twitter, accusing the company of breaching the deal by making misleading statements about the number of bot accounts on its platform and withholding information that he claims could help him evaluate the issue. Days later, Twitter filed a lawsuit against the billionaire, alleging that he'd violated the agreement and asking a court to compel him to follow through with the deal. In addition to doubling down on concerns about bot accou...
Amazon dodges the tech slump
Amazon dodges the tech slumpAmazon (AMZN) is going strong even as other Big Tech companies stumble. The e-commerce giant on Thursday reported net sales of more than $121 billion between April and June, a 7% increase from the same quarter last year and higher than Wall Street's estimates. Investor insight: Amazon stock surged 12% in premarket trading as investors shrugged off the company's $2 billion loss, which it attributed in part to its investment in electric truck manufacturer R...
Amazon dodges the tech slump
Amazon dodges the tech slumpAmazon (AMZN) is going strong even as other Big Tech companies stumble. The e-commerce giant on Thursday reported net sales of more than $121 billion between April and June, a 7% increase from the same quarter last year and higher than Wall Street's estimates. Investor insight: Amazon stock surged 12% in premarket trading as investors shrugged off the company's $2 billion loss, which it attributed in part to its investment in electric truck manufacturer R...
If you're confused about whether the
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
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...