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Democratic incumbent Warnock wins Georgia’s Senate runoff election — here’s why it matters

Democratic Sen. Raphael Warnock of Georgia has defeated Republican Herschel Walker in their runoff election, according to an Associated Press projection.

10:28 p.m. Dec. 6, 2022
Biden touts TSMC’s ramped-up investment in Arizona chip manufacturing: ‘It could be a game changer’

President Biden talks up Taiwan Semiconductor Manufacturing Co.'s plan to lift its investment in Arizona manufacturing to $40 billion from $12 billion.

4:46 p.m. Dec. 6, 2022
Interactive: Here are the politicians who received money from FTX’s Sam Bankman-Fried

FEC filings show the vast majority of his donations went to Democrats, but the FTX founder claims he made "dark-money" contributions to Republicans.

4:00 p.m. Dec. 6, 2022
‘No cuts until 2024,’ says Goldman economist about Fed’s likely path on interest rates

The Federal Reserve will keep raising rates through May 2023, albeit at a slower pace, but don't count on any cuts next year, says Goldman Sachs' Jan Hatzius.

3:54 p.m. Dec. 6, 2022
This little-known but spot-on economic indicator says recession and lower stock prices are all but certain

The divergence between two consumer sentiment measures is a strong predictor.

2:25 p.m. Dec. 6, 2022
FTC’s Khan sees cases ramping up even as agency ‘outgunned’ by big companies

FTC chief Lina Khan on Tuesday predicted an uptick in investigations by the agency, even as she said it is "outgunned" by major corporations.

2:03 p.m. Dec. 6, 2022
Why is the Qatar World Cup so controversial? Here’s a list of issues overshadowing FIFA’s quadrennial showpiece.

Some people and brands are calling out the 2022 FIFA World Cup over human rights abuses, environmental concerns and more. Here's a comprehensive list of issues.

1:58 p.m. Dec. 6, 2022
Mitch McConnell criticizes year-end pushes for cannabis banking bill and energy permitting reform

The Kentucky Republican's criticism isn't a good sign for advocates focused on a cannabis banking bill and an unrelated measure aimed at energy permitting.

1:48 p.m. Dec. 6, 2022
Without more immigrants to America, high interest rates and sluggish growth will persist

The economy needs more workers, but anti-immigrant policies are fueling inflation and sluggish growth

1:20 p.m. Dec. 6, 2022
Midterms show U.S. voters want our government to solve our common problems

Most voters reject right-wing extremism and hypocrisy in favor of a progressive agenda to protect democracy, the economy and the environment.

12:14 p.m. Dec. 6, 2022
Inflation won’t bail out taxpayers from the rising burden of federal debt

Debt-service costs will consume a greater and greater share of the federal budget as low-interest debt rolls over and resets at higher rates.

11:13 a.m. Dec. 6, 2022
China’s economic outlook has ‘darkened noticeably,’ IMF’s Gopinath says

The economic outlook for China is darker than had been expected, said Gita Gopinath, the No. 2 official at the International Monetary Fund on Tuesday.

10:55 a.m. Dec. 6, 2022
Why today’s Georgia Senate runoff election between Herschel Walker and Raphael Warnock matters

While Georgia's Senate runoff election on Tuesday won't determine which party will control the U.S. Senate, the contest still could have a real impact.

9:18 a.m. Dec. 6, 2022
U.S. trade deficit jumps 5% to four-month high as global economy weakens

The U.S. trade deficit rose 5.4% in October to a four-month high of $78.2 billion, reflecting a small decline in the appetite for American goods and services as the global economy weakens.

9:13 a.m. Dec. 6, 2022
U.K. lawmakers weigh idea of jailing Elon Musk or Mark Zuckerberg in online safety debate

Is it time to threaten Elon Musk and Mark Zuckerberg with jail?

7:56 a.m. Dec. 6, 2022
White House says too early to weigh in on new bipartisan deal on immigration reform

White House press secretary Karine Jean-Pierre on Monday indicated that it was too early to comment on a bipartisan plan for immigration reform, following reports that Arizona Democratic Sen. Kyrsten Sinema and North Carolina Republican Sen. Thom Tillis had reached a deal that involves protections for 2 million "Dreamers" and more money for border security. "We haven't seen all of the language on that particular bill, so don't want to comment from here. I don't want to get too far ahead," Jean-Pierre said during a briefing for reporters. But she added that President Joe Biden has long supported permanent protections for Dreamers, which refers to undocumented immigrants brought to the U.S. as children by their parents. Analysts have long said the U.S. immigration system has problems but a divided Washington hasn’t been able to deliver reforms.

4:45 p.m. Dec. 5, 2022
AT&T to pay $6.25 million following SEC charges over disclosing nonpublic information

AT&T Inc. T will pay $6.25 million to settle U.S. charges related to the company’s selective disclosure of material nonpublic information to research analysts, the Securities and Exchange Commission said Monday. AT&T agreed to pay the fine and settle the SEC’s charges without admitting or denying the allegations. The agency alleged that AT&T and three executives broke the rule known as Regulation Fair Disclosure in March 2016.

2:32 p.m. Dec. 5, 2022
China begins to loosen COVID rules

China’s decision to soften COVID-19 restrictions in the face of widespread protests cheered markets while also raising worries about a surge in infections

11:31 a.m. Dec. 5, 2022
The U.S. economy is still growing, report finds, even as warning signs mount

ISM service-sector index climbs to 56.5% in November, a strong sign that the economy continues to expand steadily.

10:59 a.m. Dec. 5, 2022
U.S. factory orders rise in October

Orders for manufactured goods rose 1% in October, the Commerce Department said Monday. 

10:12 a.m. Dec. 5, 2022

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