President Donald Trump has launched a renewed effort to remove Federal Reserve Governor Lisa D. Cook from her position, opening a new front in a battle that began nearly a year ago. The White House sent Cook a letter on Wednesday, signed by Deputy Chief of Staff Dan Scavino, informing her...
A New Mexico state court judge ordered social media giant Meta to pay $567 million into a specialized youth abatement fund. The massive financial penalty follows a previous jury determination that the corporate parent of Facebook and Instagram willfully violated the state’s Unfair Practices Act. Judge Bryan Biedscheid labeled the...
LONDON, Aug 7 (Reuters) - In private credit markets this week, Apollo Global reported easing redemption requests, business development companies BCP Investment and Morgan Stanley Direct Lending Fund posted weaker second-quarter results and Ares Management was forced to shrink a planned fund. Requests to withdraw capital from Apollo Global's (APO.N), opens...
President Donald Trump signed a proclamation implementing a 15% tariff and a series of minimum import prices on polysilicon and its derivative products. The executive action utilizes Section 232 of the Trade Expansion Act of 1962, citing national security and economic protection for domestic semiconductor and solar supply chains. Polysilicon...
JACKSONVILLE, Fla. & ATLANTA - Dream Finders Homes, Inc. (NYSE:DFH) announced today it will acquire Beazer Homes USA, Inc. (NYSE:BZH) in an all-cash transaction valued at approximately $2.2 billion in enterprise value. Under the definitive agreement, Beazer shareholders will receive $33.50 per share in cash, representing a price-to-book multiple of 0.8x,...
Federal Reserve Governor Lisa Cook stated that the U.S. central bank is running out of policy space and stands prepared to raise benchmark interest rates if inflation fails to show sustained movement toward the 2% target. Speaking on economic conditions following recent reports showing annual inflation holding at 3.7%, Cook...
On August 7, 2026, United States President Donald Trump signed a national security presidential proclamation imposing a 15 percent ad valorem tariff and establishing mandatory minimum import price floors on polysilicon and its derivative products. The executive trade order, signed in the Oval Office at the White House alongside White...
Nearly 1.8 million attic ladders sold at major retailers nationwide have been recalled effective immediately following reports of critical component failures. The recall was issued due to a severe manufacturing defect where structural bolts can break during use, creating an immediate and potentially deadly fall hazard for consumers. Regulatory oversight...
RWE U.S. Offshore announced a $1.2 billion settlement with the Trump administration to walk away from active green energy development projects off the coasts of New York, California, and Louisiana. The agreement brings total federal lease buybacks and settlement expenditures to nearly $4 billion as the administration actively cancels renewable...
U.S. President Donald Trump secured a significant legal and financial victory on Thursday afternoon after a federal appellate authority granted a last-minute reprieve. The emergency ruling temporarily blocks the British Broadcasting Corporation (BBC) from gaining legal access to private corporate and business records connected to his financial holdings and commercial...
