The Justice Department’s decision to open up a criminal investigation of Jerome H. Powell, the chair of the Federal Reserve, is a major escalation in the pressure campaign against the central bank to cut interest rates. Source link
The broad shift out of U.S. financial assets revived last year’s trend called the “sell America” trade. Source link
A criminal investigation into Jay Powell, the Federal Reserve chair, may be the most consequential attack yet on the central bank’s political independence. Source link
The European Commission allowed carmakers to volunteer limits on their imports from China instead of paying tariffs, an arrangement that could help Volkswagen. Source link
The combination of the two small, budget airlines comes as low-cost carriers have struggled with high costs and competition. Source link
More large donations from wealthy Silicon Valley figures are expected as they try to marshal opposition to a proposed ballot measure that would impose a new tax on billionaires. Source link
Grok, the chatbot created by Elon Musk’s artificial intelligence company, has produced a flood of explicit images featuring real people in recent weeks. Source link
Some Gen Z-ers first entered the markets during the pandemic’s meme stock craze. They have since become more patient investors. Source link
Eryn Schultz was an H-E-B grocery store leader with an M.B.A. A slow pivot toward a big career change began when she found her retirement plan wanting. Source link
The annual awards show will anoint a best podcast for the first time this year, a sign of the industry’s increasing status in Hollywood. Source link
