All About Everything

A Big Swing at Big Tech

The European Union has just agreed on one of the world's most far-reaching laws to rein in the power of tech companies. The Digital Markets Act is aimed at stopping the largest tech platforms from using their interlocking services and considerable ...

The Fed Bets on a 'Soft Landing,' but Recession Risk Looms

Jerome H. Powell, the Federal Reserve chair, emphasized this week that the central bank he leads could succeed in its quest to tame rapid inflation without causing unemployment to rise or setting off a recession. But he also acknowledged that such a ...

Why the US Can't Quickly Wean Europe From Russian Gas

But the big problem with sending Europe more energy is that natural gas, unlike crude oil, cannot easily be put on oceangoing ships. The gas has to first be chilled in an expensive process at export terminals, mostly on the Gulf Coast. The liquid gas is ...

White House studies options on gas prices as Sanders pushes profits tax

The Washington Post

The Washington Post

The White House is studying a range of potential responses to rising gas prices as top Democrats in Congress push the administration to embrace a new tax on large corporate profits ahead of the 2022 midterm elections. Get the full experience.

Earn 140000 bonus points with new IHG business credit card, and elevated bonuses on two others

CNBC

CNBC

Automatic IHG® Rewards Platinum Elite status, with potential to earn Diamond Elite after spending $40,000 on qualifying purchases and making one additional purchase each calendar year. Earn 10,000 bonus points and a $100 statement credit after ...

Mortgage rates keep spiking, freaking out an anxious housing market

It's rattling a housing market that is barely accustomed to perpetually skyrocketing prices, but at least had a mortgage rate of 3% or even under for much of the pandemic. The average rate on the 30 ...

Gas prices got you wanting an electric or hybrid car? Well, good luck finding one

NPR

NPR

Electric cars and gas-electric hybrids are in short supply, and prices have been climbing rapidly. Smaller gasoline-powered cars are also scarce, as automakers have focused on building more lucrative pickup trucks and SUVs.

The end of booming home prices is almost here, national mortgage bankers group says

Why does the Mortgage Bankers Association expect home price growth to slow down? It boils down to soaring mortgage rates. This year, the group forecasts that the 30-year fixed mortgage rate will average 4.5%—up from 3.1% in 2021.

European Union countries agree to jointly purchase gas.

European Union countries have agreed to jointly buy and store gas, hydrogen and liquefied natural gas to address the challenge of reducing energy dependence on Russia while protecting Europeans from spiraling energy costs.

Moderna Details Vaccines Progress, but Investors Shrug

Barron's

Barron's

The company's frenetic expansion of its vaccines programs in recent months was on full display in an hourslong presentation Thursday. With 31 vaccines under development and 19 in clinical trials, the company is putting its Covid-19 windfall to work as it ...