A new executive order gives President Donald Trump's appointees more power over independent agencies, including how the Fed regulates banks. But monetary policy will remain under the central bank's full control.
In what may be a big test of the crypto sector's new influence over a markedly friendlier U.S. Congress, it's asking for the reversal of an incoming tax policy.
If the loan is canceled, Tesla CEO and Trump “First Buddy” Elon Musk stands to benefit the most.
Trump looks to post less on the stock market.
CEOs are pulling out all the stops to boost productivity—ditching remote work, setting up AI war rooms, and now, tightening the purse strings on bonuses.
On Wednesday, shares of Bumble tumbled after the online dating service issued a weaker-than-expected first-quarter outlook and said it lost 57,000 paying customers in the fourth quarter versus the third.
GEORGETOWN (Reuters) -U.S. oil major Exxon Mobil plans to boost natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government's call for more gas to fuel onshore power and petrochemical projects. The "Wales Gas Vision", outlined by Exxon's Guyana head, Alistair Routledge, at an energy conference in Georgetown, is set to provide gas for several petrochemical and power projects through a $1 billion pipeline completed last year. The government will take a portion of the gas, produced by Exxon at its massive Stabroek Block and transported through the pipeline for power generation and natural gas liquids production.
Major U.S. indexes were mixed and little changed at midday Wednesday ahead of the release of minutes from the Federal Reserve's January meeting.
(Bloomberg) -- The oil market is becoming increasingly numb to the array of changes that Donald Trump is trying to make now that he’s US President again.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsAirbnb Billionaire Plans Factory-Built Homes for LA Fire VictimsChicago Council Delays $830 Million Bond Vote Amid ScrutinyTrump spent his first weeks in office r
Institutional investors bought $38.7 billion worth of the spot bitcoin exchange-traded funds in the fourth quarter, filings with the Securities and Exchange Commission revealed.
