[ad_1] A lawsuit would also be the latest volley from President Joe Biden’s antitrust enforcers, FTC Chair Lina Khan and Assistant Attorney General for antitrust Jonathan Kanter, who have both pledged to rein in corporate consolidation. The FTC is currently challenging deals including Microsoft’s takeover of video game giant ActivisionContinue Reading
[ad_1] She will be leaving the Fed at a crucial juncture when it’s deciding how long to keep interest rates at punishingly high levels to kill inflation. If central bank officials press too hard, they could trigger a recession that pushes millions of people out of work. Still, the jobContinue Reading
[ad_1] The path ahead will come into clearer focus on Tuesday when the Labor Department reports the Consumer Price Index for January, which is likely to show that inflation fell for the seventh consecutive month. It ran at an annualized rate below 3 percent during the second half of 2022Continue Reading
[ad_1] “I’m glad to get the ball rolling with the big-wigs,” Osthoff said in an interview Wednesday. “I was worried that what happened to me was too long ago to be prosecuted.” The alleged fundraising scheme is one of many scandals plaguing the freshman Republican, who has refused to leaveContinue Reading
[ad_1] “We have more work to do,” he said. “We’re going to be cautious about declaring victory and sending signals that we think the game is won.” Still, Wednesday’s move, the smallest rate increase since last March, brings policymakers another step closer to an expected pause in their inflation fightContinue Reading