The Supreme Court in a ruling on Monday allowed the Office of Financial Consumer Protection to continue operating, but said the director of consumer surveillance could be removed by the President of the United States “at will.” The decision, written by Supreme Court President John Roberts, coincided with the argument …
Read More »Amazon offers frontline workers a $ 500 coronavirus bonus
A worker loads customer orders onto a waiting tractor-trailer inside the million-square-foot Amazon distribution warehouse that opened last fall in Fall River, MA, on March 23, 2017. John Tlumacki | Boston Globe | fake pictures Amazon is providing frontline workers with a one-time bonus to “show appreciation” for employees who …
Read More »two companies could be a buyout after Fed stress tests
Bank dividends could be at risk. Bank stocks fell on Friday after the Federal Reserve highlighted potential vulnerabilities in the sector. The central bank suspended buybacks and limited dividends from financial institutions until the third quarter after its recent stress tests. Banks are expected to announce any changes in their …
Read More »UK needs ‘Rooseveltian’ approach to economics, says Boris Johnson
British Prime Minister Boris Johnson leaves Downing Street on his way to Buckingham Palace after the general election in London, Britain, on December 13, 2019. Thomas Mukoya | Reuters British Prime Minister Boris Johnson said the country needs a “Rooseveltian” approach to the economy after the coronavirus epidemic, as it …
Read More »Supreme Court rejects death row appeal to stop federal executions
People wait in line to attend the opening day of the new Supreme Court mandate in Washington, October 1, 2018. Aaron P. Bernstein | Reuters The Supreme Court said Monday it will not hear an appeal filed by death row inmates trying to block a lower court order allowing the …
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