US Fed's relaxed bank capital plan faces pushback from regulator, sources say
The U.S. Federal Reserve's watered-down version of a landmark bank capital proposal is facing resistance from the Federal ...
Federal Trade Commission accuses three drug middlemen of inflating insulin prices
In a lawsuit, the FTC accused Optum Rx, Caremark and Express Scripts of creating "a broken rebate system that inflated insulin drug prices, boosting PBM (prescription drug benefit managers) profits at ...
Federal authorities subpoena NYC mayor's director of asylum seeker operations
As New York City Mayor Eric Adams faces a swarm of investigations into his top ranks, federal prosecutors are now seeking ...
She dreamed of a natural birth in Mexico. Now, she believes she was drugged.
In a complaint filed with Mexican prosecutors, Jennifer Nosek alleges that her midwife, Heather Baker, caused her baby’s ...
US stops hazardous waste shipments to Michigan from Ohio after court decision
DETROIT — The federal government has stopped sending hazardous waste to a Michigan landfill from Ohio, a ripple effect after ...
Morning Bid: Taking stock after Fed glow, Japan/China hold
The big Fed cut alongside news of falling weekly jobless puts the 'soft landing' firmly on track and all stock indexes surged on Thursday - with new record highs for the S&P500 (.SPX) and the ...
Fed's Big Cut May Have Been Closer Call Than Lone Dissent Suggests
That's a closer call than the lone formal dissent, cast by Fed Governor Michelle Bowman, suggests. As many as nine of the Fed ...
US Fed rate cut is 'very positive sign' for economy: Yellen
The US central bank's decision to slash interest rates this week is a "very positive sign" for where the world's biggest ...
The First Cut Is The Deepest: Fed Kicks Off Easing Cycle With 50-Bps Rate Cut
In a closely watched decision, the U.S. Federal Reserve opted for a larger 50-bps reduction in interest rates yesterday, ...
What the Fed’s Big Rate Cut Reveals About the Economy
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank ...
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From Horse to Icon: The History of the Ford Mustang Logo
Ford Motor Company debuted into the auto industry in 1925, in the state of Michigan. However, to meet the most emblematic "pony car" of all time it was necessary to wait four decades. The iconic Ford ...