FILE PHOTO: Former FBI Director, James Comey appears before the Senate Intelligence Committee in the Hart Office Building on Thursday June 08, 2017 in Washington, DC. Matt McClain | The Washington Post | Getty Images Former FBI Director James Comey was indicted Thursday in Virginia federal court on criminal charges of false statement and obstruction…
U.S. President Donald Trump speaks during the 80th session of the United Nations General Assembly (UNGA) at the UN headquarters on Sept. 23, 2025 in New York City. Chip Somodevilla | Getty Images Shale oil executives say President Donald Trump is hurting investment in the oil patch, and are giving a grim outlook for the…
A Costco store in Richmond, California, US, on Thursday, May 29, 2025. David Paul Morris | Bloomberg | Getty Images Costco on Thursday posted fiscal fourth-quarter earnings and revenue that topped analyst estimates as the warehouse club posted double-digit gains in both membership income and its e-commerce business. The warehouse club does not share an…
Lisa Cook, governor of the US Federal Reserve and governor nominee for US President Joe Biden, during a Senate Banking Committee nomination hearing in Washington, DC, US, on Wednesday, June 21, 2023. Anna Rose Layden | Bloomberg | Getty Images Lawyers for Federal Reserve Governor Lisa Cook on Thursday argued that the Supreme Court should…
House Minority Leader Hakeem Jeffries (D-NY) speaks during a press conference as the U.S. House of Representatives considers U.S. President Donald Trump’s sweeping tax-cut bill, on Capitol Hill in Washington, D.C., U.S., May 19, 2025. Nathan Howard | Reuters House Minority Leader Hakeem Jeffries said Thursday that Democrats will not be “intimidated” by the Trump…
Microsoft President Brad Smith, left, speaks at a press conference on future visions for the development and application of artificial intelligence in education in North Rhine-Westphalia at the Representation of the State of North Rhine-Westphalia in Berlin on June 4, 2025. To his right is Hendrik Wüst (CDU), Minister President of North Rhine-Westphalia, in front…
Another Federal Reserve rate cut, another … rise in interest rates? That is the current dynamic across the Treasury yield curve — the real-time market rates — a week after the Fed’s first cut in policy interest rates in nearly a year. Many consumer loans, such as home equity and mortgages and credit cards —…
The Amazon Prime logo is displayed on the side of an Amazon delivery truck in Richmond, California, on June 21, 2023. Justin Sullivan | Getty Images Amazon will pay $2.5 billion to settle Federal Trade Commission allegations that the company duped users into paying for Prime memberships, the regulatory agency announced Thursday. The surprise settlement…
Lisa Cook takes the oath of office to serve as a member of the Board of Governors at the Federal Reserve System during a ceremony at the William McChesney Martin Jr. Building of the Federal Reserve May 23, 2022 in Washington, DC. Drew Angerer | Getty Images Every living former chair of the Federal Reserve,…
A sign is posted in front of a CarMax dealership on April 10, 2025 in Santa Rosa, California. Justin Sullivan | Getty Images News | Getty Images DETROIT — Shares of CarMax were down by more than 20% in early trading Thursday after the used auto retailer missed Wall Street’s quarterly earnings and revenue expectations….
