Category: Business

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The Fed’s Jackson Hole Summit Has Delivered Plenty of Misses over the Years

The Federal Reserve chairman, Jay Powell, is expected to discuss inflation, interest rates and growth in his annual address from the economic symposium on Friday.  » mehr lesen

Steven Hoffenberg, Debt Baron Who Ran a Vast Fraud, Dies at 77

A onetime business associate of Jeffrey Epstein who briefly controlled The New York Post, he spent 18 years in prison for a $460 million Ponzi scheme.  » mehr lesen

Jerome Powell Warns That the War on Inflation May Be Painful

The Federal Reserve chair pledged to resolutely fight rapid price increases, arguing the bigger mistake would be allowing price increases to become entrenched.  » mehr lesen

Lessons From a Cannabis Farmer

Rainforest music, Willie Nelson, subterranean greenhouses: A cannabis farmer shares trade secrets.  » mehr lesen

How the U.K. Energy Price Cap Works

A U.K. regulator determines how much utilities can charge customers. The latest increase is almost entirely because of higher wholesale energy costs.  » mehr lesen

U.S. and China Announce Deal to Share Audits of U.S.-listed Chinese Firms

The agreement could prevent Chinese companies from having to depart U.S. stock exchanges, but U.S. officials remain wary of whether China will fulfill its terms.  » mehr lesen

Markets Choppy as Investors Brace for Jerome Powell’s Speech

Jittery investors were looking to the Federal Reserve chair for clarity over the direction of the central bank’s monetary policy.  » mehr lesen

What Is ‘the Merge’?

Here’s what to know about a major software upgrade to Ethereum, the most popular crypto platform.  » mehr lesen

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