Inspector general finds no misconduct in Federal Reserve renovationsAn inspector general report into the management of the Federal Reserve's renovation project found no administrative misconduct after former Fed Chair Jerome Powell faced scrutiny.Fox Business6d agoWhole story →GovernmentEconomyfed hq renovation overhaul
Deficit reduction could lower inflation and interest rates, CRFB findsReducing the federal budget deficit could temper inflation, lower interest rates and prevent Social Security and Medicare crises, a new CRFB analysis finds.Fox Business13d agoWhole story →GovernmentHealthfederal budget deficit report
Employees at AI companies back Bernie Sanders bill cracking down on developmentSen. Bernie Sanders and Rep. Greg Casar are pushing to halt advanced artificial intelligence development and establish a new cabinet-level AI agencyFox Business14d agoWhole story →GovernmentTechnologyGreg Casarai regulation bill introduction
Socialism poses a grave threat to American cities, Dallas mayor saysDallas Mayor Eric Johnson says free markets and competition are driving the city's booming financial services sector, warning that socialism threatens the U.S. economy and cities.Fox Business29d agoWhole story →GovernmentEconomyEric Johnsonsocialism debate
Mark Cuban tells Rep. Ro Khanna he doesn't grasp startup businessMark Cuban clashed with Rep. Ro Khanna over California's billionaire tax proposal, warning the 5% wealth tax could drive startup founders and investors out of the state.Fox Business2mo agoWhole story →GovernmentEconomyRo Khannacalifornia billionaire tax proposal
Fauci invokes Fifth Amendment as Hawley alleges taxpayer-funded awardsAnthony Fauci invoked the Fifth Amendment as Sen. Josh Hawley accused him of using federal employees and taxpayer money to pursue personal cash awards during COVID-19.Fox Business2mo agoWhole story →GovernmentHealthJosh Hawleyfauci senate hearing