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By Pete Schroeder WASHINGTON (Reuters) -Federal Deposit Insurance Corporation Chairman Martin Gruenberg will retire effective Jan. 19, he told colleagues on Tuesday, clearing the way for Republican President-elect Donald Trump to name new leadership to one of the top U.S. bank regulators. The pending departure of Gruenberg, a Democrat and…
WASHINGTON (Reuters) – President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy. Wright is the founder and CEO of Liberty Energy, an oilfield services firm based in Denver.…
Donald Trump’s cabinet choices suggest a skeptical direction of travel on Ukraine policy.Many criticize the expense of US support for Ukraine, and some have directly insulted Kyiv.Any decision would still rest with Trump, who could yet choose a more measured path. President-elect Donald Trump has made bold claims that he…
By Carolina Mandl NEW YORK (Reuters) – The Managed Funds Association, an alternative asset management trade group, announced on Wednesday its new board of directors, as well as its chair Jody Gunderson, managing principal at $16 billion credit investment firm AB CarVal, as the industry prepares for the threat of…
NASA has decided the lives of two astronauts stuck at the International Space Station will be in SpaceX’s hands after weeks of intense deliberation and serious safety concerns.NASA Administrator Bill Nelson made the announcement during a press conference on Saturday at the Johnson Space Center in Houston.The two astronauts, Suni…
Investing.com — The recent pause in the rally of base metals is attributed to a combination of factors, including sluggish growth in China and a weakening US economy, said analysts at BofA Securities in a note dated Tuesday. Despite financial markets expecting nearly five Federal Reserve (Fed) rate cuts by…
When you buy through our links, Business Insider may earn an affiliate commission. Learn more Fitness trackers do far more today than the rudimentary clip-on wearables Fitbit introduced in 2009. Now, it’s like wearing a personal trainer and life coach right on your wrist. The best fitness trackers count steps,…
When you buy through our links, Business Insider may earn an affiliate commission. Learn more When listening to music, there’s nothing worse than annoying background noise drowning out your favorite songs. That’s why noise-canceling headphones have become so popular. Using built-in microphones and audio processing, the best noise-canceling headphones block…
Chinese submarine officers — except for engineers — tend to have the lowest entry exam scores.The lack of selectivity is remarkable. Submarines are likely to be critical in a conflict. The Chinese navy seems to have doubts about its ship and submarine commanders. The job of commanding a nuclear submarine should…
Investing.com– Chinese stocks saw a strong recovery in the first quarter of 2024 amid some improvements in the economy and earnings, Goldman Sachs analysts said in a recent note. This recovery sparked speculation over whether Chinese markets were due for more gains in the coming months. While there are still…