Federal Reserve Chair Jerome Powell fist-bumps former Treasury Secretary Steven Mnuchin after a House Financial Services Committee hearing on "Oversight of the Treasury Department's and Federal Reserve's Pandemic Response" in the Rayburn House Office Building in Washington, D.C., on Dec. 2, 2020.Greg Nash | ReutersThe $1 billion-plus injection that...
President Joe Biden speaks during an event at the National Institutes of Health in Bethesda, Maryland, Dec. 14, 2023.Chris Kleponis | Bloomberg | Getty ImagesPresident Joe Biden on Wednesday said the federal Medicare program should negotiate prices for at least 50 prescription drugs each year, up from the current...
Check out the companies making headlines in midday trading. CrowdStrike — The cybersecurity company surged more than 15% after topping Wall Street's quarterly estimates and issuing strong guidance. CrowdStrike reported adjusted earnings of 95 cents per share on $845 million in revenue. Management also reiterated its plan to reach...
Vivian Tu.Photo: Heidi GutmanBuilding wealth and saving for retirement can be more difficult for women facing challenges such as lower wages despite their increasing levels of education.An early-career mentor sparked a mindset shift for Vivian Tu, the founder of Your Rich BFF, who became a self-made millionaire by age...
A mega-yacht seized by U.S. authorities from a Russian oligarch is costing the government nearly $1 million a month to maintain, according to new court filings.The U.S. Department of Justice is seeking permission to sell a 348-foot yacht called Amadea, which it seized in 2022, alleging that it was...
