OPEC+ sticks to oil policy, repeats could pause Oct hike

ATLANTIC CITY, N.J. — Opponents of offshore wind energy projects expect President-elect Donald Trump to kill an industry he has vowed to end on the first day he returns to the White House. But it might not be that easy. Many of the largest offshore wind companies put a brave face on the election results,…

The famed Garden restaurant at the Four Seasons Hotel looks like it was stuck in a time warp as the iconic property finally reopened its doors Friday after being shuttered for four years. The exact same 20-foot-tall acacia trees still soared majestically among the identical 86 seats that made the Garden a favorite destination for…

Business & FinanceGovernment 05 September 2024, 6:32 pm 1 minute Reuters exclusively reported that the Biden administration told Nippon Steel its $14.9 billion acquisition of U.S. Steel would pose a national security risk by harming the American steel industry, adding to evidence the U.S. is poised to block it. Article Tags Topics of Interest: Business…

CHARLOTTE, N.C. — An insurance magnate who was once a big political donor in North Carolina is in federal custody after pleading guilty in connection to what prosecutors call a $2 billion scheme to defraud insurance regulators, policyholders and others through a myriad of companies from which he skimmed funds for personal benefit. Greg E….

Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said Thursday. In remarks that align with a developing expectation in financial markets for fewer rate cuts next year than previously forecast by Fed…

The Federal Trade Commission is readying an investigation into Microsoft’s cloud-computing business as its full-throttle approach to antitrust continues in the final weeks of the Biden administration, according to a report. The agency led by Chair Lina Khan is looking into claims that the company is abusing its market clout by enforcing terms that prevent…