Business

News: Business and Finance

Colonial Says Entire Pipeline System Restarted

Colonial Pipeline on Thursday reported “substantial progress” in restarting its pipeline, which stretches from Texas to New Jersey. “We can now report that we have restarted our...

Gas Prices Expected to Keep Rising in Wake of Colonial Pipeline Attack

Gas prices, already close to $3 a gallon after a cyberattack on Colonial Pipeline, are expected to keep rising through the week, especially in the...

GOP Governors Slash Unemployment Benefits as Businesses Plead for Workers

Expanded federal unemployment benefits that were implemented during last year’s pandemic relief efforts are ending earlier than scheduled in Arkansas, Montana, and South Carolina—and Florida is expected to...
President Joe Biden on Jobs Report

Weak Jobs Report Raises Doubts About Biden’s Economic Policies

WASHINGTON—U.S. jobs growth for April was far lower than what the market had predicted, adding to worries that excessive stimulus payments could have undesirable...
European Central Bank

US Financial Regulators Moving ‘Very Fast’ to Take on Climate Change

WASHINGTON—Financial regulators around the world are rushing to implement models to measure the financial risk arising from climate change. Central banks including the Federal Reserve may soon...

Beijing Has More Billionaires Than New York

Beijing has overtaken New York for the first time to become the city with the most billionaires in the world. According to Forbes’ 2021...

Inflation Fears Grow as Commodity Prices Take Off

WASHINGTON—Economists have started to feel more uncomfortable that the Federal Reserve could be too complacent with its inflation forecast and end up tightening the monetary policy a bit too late...
Mark Fox, owner of The Ragtrader & Bo Peep Cocktail and Highball Store in New York City

Restaurants Ready to Hire, but Government Payments Keep Workers Home

The Ragtrader, a 300-seat restaurant in its fourth week of reopening, was hit hard last year. Fox said he lost a “devastating” amount of...

Bill and Melinda Gates Announce Divorce After 27 Years

"After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage," the...
Great Seal of the State of Arizona

Arizona Governor Resumes Job-Seeking Requirement for Unemployment Benefits

Arizona Gov. Doug Ducey (R) rescinded an executive order issued last year that waived the requirement for Arizonans to prove they are actively looking for...
Tax Foundation

10 Common Tax Myths, Debunked

What You’ll Learn Identify some of the most common tax policy misconceptions and how to separate fact from fiction.Discover why tax refunds shouldn’t be celebrated,...

Citron Research discontinues short selling research to focus on long opportunities.

On Friday, January 29, 2020 Andrew Left told us in a video (above) that after 20 years of publishing Citron will no longer write...