DOJ drops Powell probe

Welcome to The Hill’s Business & Economy newsletter {Beacon} Business & Economy Business & Economy The Big Story DOJ ends Fed renewals, Powell probes The Department of Justice (DOJ) announced Friday that it is closing its criminal investigation into Federal Reserve Chairman Jerome Powell and his handling of renewals at the central bank. © AP…

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How the restaurant group behind NYC’s Carbone is overcoming young people shunning alcohol

The restauranteur behind New York’s famed Carbone said there’s been a big shift in consumer behavior with younger customers spending less on alcohol but more on high-end dining experiences. “They’re definitely health conscious. There’s certainly been a trend of drinking less,” Mario Carbone, the CEO of Major Food Group, said on “Mad Money” on Friday….

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