WSJ Renew said Biden to Nominate Julie Su as Labor Secretary

FILE - Julie Su, of Calif., speaks during a hearing of the Senate Health, Education, Labor and Pensions Committee for her to be Deputy Secretary of Labor, on Capitol Hill, March 16, 2021, in Washington. President Joe Biden is nominating Julie Su, the current deputy and former California official, as his next Labor Secretary, replacing the departing incumbent, former Boston mayor Marty Walsh. (AP Photo/Alex Brandon, File)

WSJ Renew reports Vice President Kamala Harris, U.S. Trade Rep. Katherine Tai, and Arati Prabhakar, the director of the White House Office of Science and Technology Policy, are all members of the cabinet but aren’t secretaries. Mr. Biden said that Ms. Su has been “a champion for workers, and she has been a critical partner […]

Stock Markets In U.S. Slip After Fed Minutes

Stock Markets In U.S. Slip After Fed Minutes remarfu

“What’s occupying the mind of Stock Markets now is this resilient growth, which is likely to mean more resilient inflation,” said Grace Peters, an investment strategist at JPMorgan Private Bank. The yield on the benchmark 10-year Treasury note ticked down to 3.922%, After reaching 3.953% Tuesday, the highest end-of-day level since November. Yields have been […]

They Rushed to Buy in the Pandemic. Here’s What They Would Change.

They Rushed to Buy in the Pandemic. Here’s What They Would Change. by first american news

First American News LLC: A frenzied sellers’ market led some people to make harried decisions when buying their homes that they now regret. For nearly two years, home buyers have been shopping in conditions ripe for regret. Prices have soared, inventory has plunged and competition has been brutal in markets across the country. With fixer-uppers fetching […]

Warehouse Space Is the Latest Thing Being Hoarded

Warehouse Space Is the Latest Thing Being Hoarded by bloomberg digital subscriptions

First American News LLC, Raleigh, NC: Logistics firms are finding new options to deal with a scarcity of storage, including building multistory facilities and choosing locations farther from coastal ports. As retailers and logistics companies try to stockpile goods to hedge against supply chain problems, they are facing a new challenge: In many parts of […]

Musk Says His Tweet About Taking Tesla Private Was ‘Entirely Truthful’

Musk Says His Tweet About Taking Tesla Private Was ‘Entirely Truthful’

First American News LLC: Raleigh, NC: Elon Musk says his 2018 tweet about planning to take Tesla Inc. private was “entirely truthful” and that investors who claim the missive was fraudulent are wrong. Lawyers for the billionaire chief executive officer of the electric-car maker said in a court filing Tuesday that Saudi Arabia’s sovereign wealth […]

Far From Dying, the Coal Industry Is Actually Booming

Far From Dying, the Coal Industry Is Actually Booming

In late 2021, diplomats spent hours arguing over whether to “phase-out” or “phase-down” coal in the final communique of the COP26 climate change summit. Under pressure from China and India, the watered-down second choice prevailed. Still, it was good enough for the United Nations to proclaim that the dirtiest fuel was being “consigned to history.” […]

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