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Biden Names Three to Fed's Board of Governors

President Biden on Friday announced a slate of three nominees to the Federal Reserve’s Board of Governors that could significantly increase its diversity and push banking regulation in a more progressive direction. The nominees include Sarah...

Supreme Court Rejects Workplace Vaccine Mandate

The U.S. Supreme Court delivered a major blow to the Biden administration’s anti-COVID 19 efforts on Thursday, striking down its vaccine-or-test mandate for large businesses. The court’s six conservative justices said the mandate exceeded the…

Coinbase Buys Crypto Futures Platform FairX

Coinbase has announced it will acquire futures exchange FairX in a move to offer crypto derivative products to U.S. investors. The acquisition of FairX, which lists futures contracts that track markets including stock indices and oil, comes four m…

Corporate Governance Slips Amid Pandemic Fatigue

The effectiveness of the governance of U.S. public companies declined in 2021 as pandemic fatigue helped erode improvements seen in 2020, according to a new survey of chief audit executives. In the third annual American Corporate Governance Index…

U.S. Inflation Surges at Highest Rate Since 1982

U.S. inflation rose in December at the fastest rate in nearly 40 years as price gains spread beyond a few pandemic-disrupted categories to such areas as shelter costs. The Labor Department reported Wednesday that the consumer price index increased…