Hedge fund manager Stephen Mandel and his wife Susan are a billionaire power couple that has a history of springing into action come election season. Before the 2024 presidential contest, they hosted Joe Biden for a private fundraising dinner in Greenwich, Connecticut. Kamala Harris, Hillary Clinton, and John Kerry are other beneficiaries of the $84 …
NEW YORK (AP) — For months, New York Gov. Kathy Hochul has resisted calls to increase taxes on the wealthy, beating back progressives who have hounded her from Manhattan to Puerto Rico bellowing chants of “tax the rich.” Now she is pitching a compromise. The moderate Democrat says she will push to create a new …
By David Brunnstrom and Patricia Zengerle WASHINGTON, April 15 (Reuters) – The U.S. envoy to the United Nations, Mike Waltz, appeared to torpedo the candidacy of former Chilean President Michelle Bachelet to be the next leader of the world body on Wednesday by saying he shared a U.S. senator’s concerns about her fitness for the …
For California’s local governments hoping to have some say over where and how large apartment buildings get packed near major transit stops, it’s crunch time. Last fall, state lawmakers made it legal for developers to build mid-rises — some as tall as nine stories — in major metro neighborhoods near train, subway and certain dedicated …
Washington — The Senate on Wednesday defeated another war powers resolution aimed at curbing President Trump’s ability to use further military force against Iran, with Democrats vowing to keep trying to rein in the president. A motion to discharge the measure from committee failed in a 47 to 52 vote, with Republican Sen. Rand Paul …
BOGOTA, April 15 (Reuters) – Colombia’s Constitutional Court ordered President Gustavo Petro’s government on Wednesday to return funds collected during an economic emergency that was declared unconstitutional. The decision is the latest blow to the Petro administration’s finances, strained by setbacks in Congress, where several proposals for fiscal reforms have failed to gain support. The …
President Trump’s latest threat to fire Federal Reserve Chair Jerome Powell could put them on a collision course when the latter’s term as head of the central bank ends on May 15. In an interview with Fox Business’ Maria Bartiromo on Wednesday, Mr. Trump said he would dismiss Powell if the policymaker stuck to his …
By Parisa Hafezi and Jonathan Saul DUBAI, April 15 (Reuters) – Iran could consider allowing ships to sail freely through the Oman side of the Strait of Hormuz without risk of attack as part of proposals it has offered in negotiations with the United States if a deal is clinched to prevent renewed conflict, a …
Treasury Secretary Scott Bessent, Small Business Administration administrator Kelly Loeffler and White House press secretary Karoline Leavitt spoke to reporters Wednesday about a wide range of issues at the White House press briefing. CBS News political reporter Zak Hudak provided analysis following the news conference.
Locking a mortgage interest rate before the Federal Reserve’s April meeting can help protect borrowers. Serhii Shleihel/Getty Images In a different economic climate, a looming Federal Reserve meeting would be welcomed warmly by borrowers, especially those looking to buy a home or refinance their existing one. The Federal Reserve, after all, is a big driver …