CFTC Rejects Bid to Launch Political Election-Betting Market

The regulator said the proposal would have turned the agency into an “election cop,” given its…

The Billionaire Keeping TikTok on Phones in the U.S.

This copy is for your personal, non-commercial use only. Distribution and use of this material are…

Private Equity, Hedge Funds Sue SEC to Fend Off Oversight

Industry groups launched a court battle to stop SEC rules that would ban certain practices and…

Everyone Wants to Talk to Gina Raimondo–Even China

The Commerce Department head tests her expanded reach this weekend.

How Hard Should the Fed Squeeze to Reach 2% Inflation?

The strategy the central bank adopts to fight the last mile of inflation has big, potentially…

Some Fed Officials Are Turning Cautious about Raising Rates Too High

Central bank officials face a puzzle as inflation slows, but economic activity is firmer than anticipated.

The Biggest Winners in America’s Climate Law: Foreign Companies

listen to the article (two minutes) The 2022 climate law made a revelation flood of government…

Negotiators See Global Deal on Taxing Big Tech Companies Within Reach

An agreement would reallocate taxation of about $200 billion in profits; Failure can cause some nations…

Binance Unravels as Executives Flee and Layoffs Proliferate

The company’s general counsel, chief strategy officer, chief business officer and a senior vice president for…

New York State Built Elon Musk a $1 Billion Factory. ‘It Was a Bad Deal.’

listen to the article (two minutes) Buffalo, NY—New York spent nearly $1 billion over the last…