July 2024
As Biden rests, Harris assumes starring role on campaign trail
The vice president has been thrust into an awkward position: remaining loyal to the president while demonstrating that she is ready to take over.
- Nicholas Nehamas
May 2024
- Analysis
- Banking products
Good banks today want to be seen as boring
Regional US financial institutions are promoting themselves as stodgy, stuffy and dull in response to industry failures.
- Bre Bradham
March 2024
Biden’s Democrats battle for most ‘anti-Trump’ title
Contenders for a US Senate seat in California are divided on Israel and also seek to paint themselves as the most anti-Trump candidate.
- Christopher Grimes
January 2024
- Opinion
- Trump's America
The roots of Trump nostalgia run deeply both left and right
As the former president’s support holds, many Republicans console themselves by remembering years when it felt like they were running the Trump presidency.
- Ross Douthat
October 2023
US targets Hamas’ financial network with sanctions after Israel attack
The US Treasury has placed sanctions on six members of the terrorist group managing assets in a secret investment portfolio, and acted against two senior officials.
- Stefania Palma
June 2023
PGA tour, LIV golf deal needs close DOJ scrutiny, senators say
The deal “would make a US organisation complicit” in the Saudi regime’s latest attempt to “sanitise its abuses”, the senators wrote.
- David Shepardson
March 2023
‘Like a cholera test for COVID’: Fed under fire over SVB collapse
The banking crisis has called into question how the sweeping regulatory reforms that followed the 2007-09 meltdown might have left dangerous gaps in the financial system.
- Updated
- Craig Torres
US politicians examine higher caps on bank deposit insurance
Some former officials, including former FDIC chief Sheila Bair, have said regulators may need to repeat a temporary blanket guarantee on all US deposits.
- David Lawder
Biden seeks tougher penalties on executives of failed banks
“I’m firmly committed to accountability for those responsible for this mess. No one is above the law,” the president said.
- Akayla Gardner
SVB collapse exposes fresh divisions over US banking reform
Analysts say such divisions are likely to prove an obstacle in passing any legislation relating to the fallout, particularly since Democrats control the Senate and Republicans hold the House of Representatives.
- Lauren Fedor, Colby Smith and Kenza Bryan
Powell opens door to faster rate moves and a higher peak
In remarks before the Senate Banking Committee, the Fed chairman also noted that the fight against inflation was ‘very likely’ to come at some cost to the labour market.
- Jeanna Smialek
February 2023
Buffett brands stock buyback critics ‘silver-tongued demagogues’
The billionaire used part of his annual letter to Berkshire Hathaway shareholders to tout the benefits of repurchases.
- Josh Funk
- Opinion
- Competition
The rise of kitchen table economics
Monopoly policy discussions are starting to go mainstream in the US, and that’s when business leaders should listen carefully.
- Rana Foroohar
January 2023
Senators question Sullivan & Cromwell’s role in FTX bankruptcy
Lawmakers cite ‘concerns’ about top Wall Street firm’s past work for Sam Bankman-Fried’s crypto exchange.
- Joshua Oliver and Sujeet Indap
October 2022
The Fed’s dilemma: how long to ‘keep at it’ on inflation
Amid conflicting economic signals and with the US midterm elections looming, the US central bank is weighing a critical decision on interest rates.
- Colby Smith
April 2022
Twitter deal stokes Democrat fears and Republican jubilation
Elon Musk has made donations to both the major US political parties, but howls of outrage from Democrats over his planned purchase of Twitter were matched by jubilation among Republicans.
- Kiran Stacey and Courtney Weaver
March 2022
- Analysis
- Cryptocurrencies
Crypto’s war test leaves future of money debate wide open
Crypto’s involvement in the war has showcased the development and maturity of digital assets while reviving the debate about their role in the global financial system.
- Misyrlena Egkolfopoulou
February 2022
Musk donates $8b of Tesla shares to charity
A large gift to charity last year would help reduce what Elon Musk claimed would be the biggest tax bill in US history.
- Sophie Alexander and Ben Steverman
December 2021
US-China gas deals defy tensions between world powers
China is poised to surpass Japan as the world’s largest LNG buyer this year, while the US will leapfrog Australia and Qatar in LNG export capacity.
- Justin Jacobs and Derek Brower
New US push for vaccines, boosters to stem ‘raging’ omicron
The government is gearing up for the next phase of battle in a two-year fight against a virus that has killed 800,000 people in the US and disrupted every aspect of daily life.
- Doina Chiacu and David Brunnstrom