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An electric vehicle charging point which uses tidal energy has started operations, providing road users on an island north of mainland Scotland with a new, renewable option for running their cars. The facility is located on Yell, which is part...
The Federal Reserve said on Friday that it would not extend a temporary exemption of a rule that dictates the amount of capital banks must keep in reserve, a loss for big banks and their lobbyists, who had been...
In making the case against a union at its warehouse in Bessemer, Ala., Amazon has touted its compensation package. The company notes that base pay at the facility, around $15.50 an hour for most rank-and-file workers, is more than twice the...
State backlash against a restriction in the $1.9 trillion economic relief legislation that prohibits local governments from using aid money to cut taxes emerged as the Biden administration’s first major legal battle on Wednesday, as Ohio sued to block the provision...
By the middle of March 2020 a sense of anxiety pervaded the Federal Reserve. The fast-unfolding coronavirus pandemic was rippling through global markets in dangerous ways. Trading in Treasurys — the government securities that are considered among the safest assets...
When Brett Thomas, cofounder and managing partner of CAVU Ventures, left hedge fund Scout Capital to back consumer packaged goods brands in 2009, he knew he had to find a way to quickly stand out in a space crowded...
When the coronavirus pandemic ripped a hole in the economy a year ago, many feared that the United States would repeat the experience of the last recession, when a timid and short-lived government response, in the view of many...
The second year of the coronavirus pandemic is starting with rising hopes for the economic outlook — and a long way to go. Positive signs are emerging as restrictions on businesses lift and the pace of vaccine distributions ramps up....
Morgan Stanley is bullish on Australia, India and Singapore. The three countries stand out among those in Asia-Pacific that have handled the coronavirus pandemic well, said Jonathan Garner, who is managing director and chief Asia and emerging markets equity strategist...
Longer-term interest rates have jumped in recent weeks, a move that has been broadly interpreted as a sign that investors are betting higher growth and slightly faster inflation may be right around the corner. Federal Reserve officials have mostly brushed...
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