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The Federal Reserve may have succeeded in thwarting major year-end turmoil in funding markets, but 2020 is likely to bring a whole new set of concerns. The U.S. central bank has been injecting liquidity into markets through repurchase-agreement operations since ...

T-Mobile US Inc. has jumped to an early lead in the race to offer 5G service nationwide, a step toward showing it can be a serious competitor to larger rivals if it gains approval for its $26.5 billion takeover of ...

Amazon.com will likely argue that meddling by President Donald Trump cost the company a cloud-computing contract worth as much as $10 billion as it seeks to overturn a Pentagon decision to award the work to arch-rival Microsoft. Yet Amazon faces ...

Tagged with: amazon jedi Joint Enterprise Defense Infrastructure microsoft pentagon u.s. court of federal claims

    First, Charles Schwab Corp. upended the retail brokerage business by cutting commissions to zero. Now, it’s seizing on the turmoil it unleashed to possibly acquire one of its biggest rivals, TD Ameritrade Holding Corp. Just weeks after Schwab ...

Just after Vanina Guerrero joined one of the world’s biggest law firms, she received a late-night email from the star partner who ran her new team at DLA Piper. “You are helping me reach people I couldn’t before,” Louis Lehot, ...

Tagged with: #MeToo DLA Piper harassment

Citigroup quietly boosted its minimum wage to $15 an hour, joining competitors in awarding raises to rank-and-file staff, after House Financial Services Committee Chair Maxine Waters prodded the firm. Unlike other major banks that announced similar moves in news releases, ...

For the first time since President Donald Trump was elected, more Americans say the economy is getting worse than say it is getting better. A new Quinnipiac Poll shows 37% saying the economy is declining, compared with 31% who continue ...

Bonds continued their unrelenting rally on Wednesday, and although there’s no whiff of the panic that swept through markets late last week, the surge nonetheless drove benchmark yields down to unprecedented levels. The rate on 30-year U.S. Treasuries sank to ...

President Donald Trump and Senate Majority Leader Mitch McConnell are reshaping federal courts at a blazing pace, with the Senate’s confirmation of 59 judges so far this year offering a bright spot for the GOP leader who has been criticized ...

Tagged with: federal courts Federalist Society mitch mcconnell

The organizers of the Woodstock 50th anniversary festival are relocating the concert to Maryland from upstate New York, a change they say will salvage the troubled event.

Tagged with: Howard County Merriweather Post Pavilion