• FedEx driver caught slaying Mariah Carey’s ‘All I Want for Christmas’

    FedEx driver caught slaying Mariah Carey’s ‘All I Want for Christmas’

    He delivered — just in time for her new Apple TV+ holiday special.
  • SEC Chairman Jay Clayton plans to step down at the end of 2020

    SEC Chairman Jay Clayton plans to step down at the end of 2020

    Wall Street’s sheriff is hanging up his spurs. Securities and Exchange Commission Chairman Jay Clayton announced Monday morning that he will be stepping down at the end of 2020, ending a
  • Joe Biden taps tech executives for White House transition team

    Joe Biden taps tech executives for White House transition team

    President-elect Joe Biden has tapped at least a dozen staffers at major tech companies to help with his transition into the White House. The techies — many of whom previously worked in the Obama
  • Federal Reserve staffers boost political giving to Democrats’ benefit

    Federal Reserve staffers boost political giving to Democrats’ benefit

    Federal Reserve staffers more than doubled their political donations during the 2020 election season, with most of their money going to Democrats. Employees of the central bank gave more than $1.1
  • Apple warns regulation of App Store could ‘materially’ hit its results

    Apple warns regulation of App Store could ‘materially’ hit its results

    Apple’s lucrative App Store fees could be slashed by regulators to the tune of billions of dollars a year, the company warned investors Friday. The iPhone maker said in its most recent annual
  • Rafael Nadal's 13th victory at Roland Garros

    Rafael Nadal's 13th victory at Roland Garros

    Rafael Nadal won his 13th Roland-Garros on Sunday by crushing Novak Djokovic (6-0, 6-2, 7-5), tying the record of 20 Grand Slam trophies set by Roger Federer.
  • Atlanta Fed chief says US racial wealth gap is stuck in last century

    Atlanta Fed chief says US racial wealth gap is stuck in last century

    The “pernicious and persistent” impact of long-outlawed policies like “redlining” blacks out of white neighborhoods continues to influence the ability of minority families to amass wealth, and requires a deeper look at how those longstanding problems might be addressed, Atlanta Fed president Raphael Bostic said on Friday. Even as laws have moved forward to forbid …
  • NY Fed operating chief Michael Strine to retire next year

    NY Fed operating chief Michael Strine to retire next year

    Michael Strine, first vice president and chief operating officer for the New York Federal Reserve, will retire early next year, the New York Fed said Thursday. Strine, who is an alternate voting member of the US central bank’s policy-setting Federal Open Market Committee, will retire on Feb. 28, 2021, when he completes his current term. …
  • Fed vows to keeps interest rates on hold until inflation rises

    Fed vows to keeps interest rates on hold until inflation rises

    The Federal Reserve kept interest rates pinned near zero on Wednesday and promised to keep them there until inflation is on track to “moderately exceed” the US central bank’s 2 percent inflation target “for some time.” The change in guidance is part of a monetary policy shift announced by the Fed last month that is …
  • Judge rules it’s legal to examine fuss over Jon Hamm’s ‘private’ property

    Judge rules it’s legal to examine fuss over Jon Hamm’s ‘private’ property

    A news site didn’t break copyright laws when it published a paparazzi shot it did not own showing the actor Jon Hamm‘s pants bulge, a judge ruled Thursday — because of all the fuss surrounding the “Mad Men” star’s member. HuffPost used the viral image showing Hamm strolling down the street on two legs — …