Investment

WASHINGTON — A Senate committee sent letters to three private equity firms Monday demanding information about how they staff emergency departments of hospitals they own. The Senate is investigating whether health care is suffering to increase profits for investors. The... Read More

WASHINGTON — While Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin are on their tandem investment visit to the Indo-Pacific, a third Biden administration official, Secretary of Commerce Gina Raimondo, was touting the region as an epicenter... Read More

WASHINGTON — Climate change again became an impassioned topic during a congressional hearing Friday as lawmakers struggled to figure out who will pay for the costs floods, droughts, hurricanes and wildfires impose on consumers. “It’s clear losses are getting larger... Read More

NEW YORK (AP) — Wall Street is rallying again Friday after reports suggested pressure on inflation may be easing. The stock market is rolling toward the close of a winning week, month and first half of the year. The S&P... Read More

NEW YORK (AP) — Wall Street is rallying Friday amid hopes inflation may continue to cool and the Federal Reserve may ease up on its hikes to interest rates following some mixed readings on the U.S. economy. The S&P 500... Read More

WASHINGTON (AP) — Shrugging off rampant inflation and rising interest rates, the U.S. economy grew at an unexpectedly strong 3.2% annual pace from July through September, the government reported Thursday in a healthy upgrade from its earlier estimate of third-quarter... Read More

NEW YORK (AP) — Markets worldwide are back to tumbling on Thursday, and Wall Street is down roughly 3% in a widespread wipeout as worries about a fragile economy roar back to the fore. The S&P 500 was 3.1% lower... Read More

NEW YORK (AP) — Wall Street is tumbling even more Monday, sending the S&P 500 down more than 20% from its record, amid fears that a recession is more likely given how unshakeable inflation has become. The S&P 500 was... Read More

WASHINGTON — Publicly-traded companies, hedge funds and others may soon have to disclose the greenhouse gas emissions they produce and how climate risk affects their business under new rules proposed Monday by the Securities and Exchange Commission. Under the proposal... Read More

WASHINGTON — The American Federation of Teachers is urging its pension trustees to immediately review investments with ties to Russia following the country’s invasion of Ukraine. The AFT, founded in 1916, is an affiliate of the American Federation of Labor... Read More

NEW YORK (AP) — Stocks around the world swung on Tuesday, oil prices rose sharply and the price of nickel surged so much that trading for it was shut in London, as the economic fallout from Russia’s invasion of Ukraine keeps rocking... Read More

NEW YORK (AP) — Oil prices surged above $110 per barrel Wednesday as Russian forces stepped up attacks on Ukrainian cities, while premarket trading on Wall Street pointed toward a higher open. Investors appeared to take in stride Federal Reserve... Read More

WASHINGTON — House Speaker Nancy Pelosi, D-Calif., said on Wednesday she would support revisions to legislation banning members of Congress from trading individual stocks. Pelosi had at first resisted the push for a congressional stock ban as politically vulnerable Democrats... Read More

NEW YORK (AP) — U.S. markets pointed lower Thursday with tech stocks weighing down broader indexes after a weak quarterly earnings report from Facebook parent company Meta. The numbers from Meta, released late Wednesday, checked a brief recovery in U.S. markets that... Read More

Stocks are rising Monday, trimming some of their worst monthly loss since the early days of the pandemic, as Wall Street closes a tumultuous January wracked by worries that imminent interest-rate hikes will make everything in markets more challenging. The... Read More

WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last year, the sharpest increase since 1982, as brisk consumer spending collided with snarled supply chains to raise the costs of food, furniture,... Read More

WASHINGTON — Vice President Kamala Harris and Treasury Secretary Janet Yellen announced on Tuesday over $8.7 billion in investments through the Emergency Capital Investment Program for small businesses and low- and moderate-income consumers in rural and underserved communities. The program’s... Read More

The U.S. Department of State has partnered with the Organization for Economic Cooperation and Development with the goal of reducing the risk of corruption in infrastructure investment by bolstering the ability of stakeholders to implement anti-corruption systems across economies.  The... Read More

WASHINGTON - Emma Howard Boyd, chairwoman of the United Kingdom’s Environmental Agency, would like you to invest your pension in environmentally-friendly financial funds, she urged today during a Peterson Institute for International Economics event entitled, “Economic Impact of Climate Change.”... Read More

WASHINGTON - A conflict of interest built into online broker Robinhood’s revenue came under scrutiny during Tuesday’s U.S. Senate hearing on retail investing. Three witnesses at the hearing called for a ban on brokerage firms being compensated for routing their... Read More

WASHINGTON - The House has passed an amendment offered on the floor by Rep. Josh Gottheimer that will ensure the U.S. Securities and Exchange Commission gives specific consideration to senior investors and the challenges they face. The amendment to H.R.... Read More