Business

Subterms

    Latest story

    150 Shares19 Views

    Federal Reserve watchdog finds no criminal violations for building renovation cost overruns

    by

    Trump criticized $2.4bn rehab amid attempts to pressure then Fed chair Jerome Powell into lowering interest ratesAn internal watchdog said the Federal Reserve mismanaged costs associated with a $2.4bn renovation of its Washington DC headquarters, but noted that no criminal violations occurred, according to a report released on Wednesday.For over a year, Donald Trump has centered his attacks against the Fed and former chair Jerome Powell around the renovations, including a months-long Department of Justice criminal investigation that was dropped in April. Continue reading… More

    More stories

    • 150 Shares17 Views

      in US Politics

      ‘So much uncertainty’: Michigan’s Arab American businesses navigate Trump’s Canada trade war

      by

      Arab communities on both sides of the border grapple with ongoing tensions as US-Canada relations continue to sourIn Dearborn, Michigan, home to the largest community of Arab Americans in the US, one industry has risen above all others in recent years: Yemeni cafes.At the forefront is Qahwah House, a powerhouse in the burgeoning Yemeni cafe world with 32 branches open across the country. Three of those are here in Dearborn, with more on the way, and they attract people from near and far. Continue reading… More

    • 200 Shares15 Views

      in US Politics

      A ‘freaked out’ US food industry is hitting back at Maha – with social media influencers

      by

      Cross-partisan support in Washington on issues like pesticides and food additives pose a threat to the industry’s bottom line Some of the biggest food and agriculture corporations in the US are funding a campaign that pays social media influencers to combat elements of Robert F Kennedy Jr’s Make America Healthy Again platform, according to an investigation by the Guardian and Documented, an investigative watchdog and journalism project.The ascension of RFK Jr to secretary of health and human services has boosted his putative campaign to end chronic illness in the US, which he believes is primarily caused by processed foods and dyes, exposure to certain chemicals, and poor farming practices, along with an overuse of what he falsely claims are dangerous vaccines. The “Maha” movement blends long-running mainstream concerns about food and farm safety with conspiracy theories about everything from medicine to milk. A Maha “summit” in Washington this week will feature JD Vance and several members of Trump’s cabinet. Continue reading… More