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Biden’s EPA moves closer to first-ever restrictions on greenhouse gases from power plants
Regulations would target existing power plants, which spew 25% of U.S. emissions. The oil and gas sector, plus many Republicans, are likely to object.
Biden aims to take on ‘environmental racism’ with executive action
President Biden used an executive order to pledge new policies on environmental justice and attacked GOP plans to strip green initiatives as part of debt fight.
Biden adds more EV charging across U.S., with pledges from Uber, Walmart, PG&E and others
The White House's latest rollout would add more than 100,000 public electric-vehicle chargers to the more than 135,000 now available.
Social Security’s expected shortfall sparks debate over tax increases
Rising income inequality undermines program’s ability to pay future retirement benefits, experts say
U.S. intel leaks: Questions and answers as suspect Jack Teixeira charged in court
What to know about the leaked U.S. intelligence documents and the government's case against an Air National Guard member in Massachusetts.
IMF’s Georgieva warns against another Cold War
IMF Managing Director Kristalina Georgieva on Thursday warned against another Cold War that would damage the global economy.
Biden floats toughest-ever auto tailpipe emissions restrictions, which could boost sticker prices
The Biden Administration advances the toughest-ever proposed limits on tailpipe emissions, on the way toward greater EV adoption.
Yellen says it is important not to overdo the negativism about the global economic outlook
U.S. Treasury Secretary Janet Yellen on Tuesday it was important not to overdo the negativism on the outlook for the global economy.
U.S. bank stress has not altered positive outlook for global economy, Treasury official says
The financial stress on U.S. banks has not fundamentally altered positive expectations for the global economy this year, a U.S. Treasury official said Monday.
Gensler’s meme-stock reforms are meant to help retail traders. Some investor protection advocates aren’t so sure.
The U.S. SEC chief wants retail stock orders to be auctioned off to market makers and exchanges, but questions remain as to the ultimate impact of these reforms.
Biden team on track for toughest-ever limits on auto pollution: report
The Biden administration will next week propose the toughest yet personal-vehicle emissions rules for model years 2027 through 2032, Bloomberg reports.
Biden’s EPA takes steps to tighten mercury emissions rules at coal power plants
Biden's EPA is proposing tighter rules to limit emissions of mercury and other pollutants from coal-fired electric power plants.
Donald Trump charged with 34 felony counts. Could he still run for president?
Donald Trump has been arraigned in the Manhattan case involving hush-money payments. What would this mean for Trump's plans to again seek the White House?
Failed U.S. banks struck a $22.5 billion blow to the deposit insurance fund. Who will pay the price?
Costs for consumers, community banks in question as insurance fund faces longer-term funding problems
Commercial real estate is headed for a ‘real mess’ but could avert financial disaster, leading economist says
"I expect a major correction in commercial real estate is already underway," said Adam Posen, president of the Peterson Institute for International Economics.
Breaking Republican House OKs pro-drilling energy bill that’s unlikely to pass Senate. It’s still a rebuke of Biden’s climate agenda and a 2024 weapon.
Republicans' oil and gas legislation is a nonstarter in a Democrat-controlled Senate. But GOP energy priorities are already a pillar of 2024 election hopes.
ECB’s Schnabel says European banking sector looks resilient amid turmoil in U.S.
The European Union's banking sector is resilient and the effects of the bank stress will be smaller than in the U.S., a top ECB official said Wednesday.
Biden energy officials release strategy to boost offshore wind and cut its cost by 30%
The Biden administration wants to create 30 gigawatts of offshore U.S. wind energy — enough to power more than 10 million homes — by as soon as 2030.
Debate over expanding deposit insurance weighs on bank stocks. Here’s what to know.
Policymakers are sending mixed signals about the future of federal deposit insurance. Here are answers to some questions about the ongoing debate in DC.
Biden’s first veto holds. Ruling impacts your 401(k) and the U.S.’s climate-change fight.
President Biden vetoes Republican 'anti-woke' move to limit how retirement-investing plans consider climate and other ESG issues when picking stocks and funds.