Federal Reserve Bank of Boston President Eric Rosengren said that while the conflict in Ukraine probably won’t destabilize the U.S., Europe faces more risk to its banking system or a potential oil-supply disruption.
Federal Reserve Bank of Boston President Eric Rosengren said the central bank should adopt more specific guidance on the likely path of interest rates after dropping a link to a jobless rate of 6.5 percent.
Barely 26 years old, Zhang Xi has studied at an elite American university, worked for an investment bank in Hong Kong and an oil company in Beijing and now may launch an Internet startup with two friends.
Two billionaire hedge fund executives have joined Ameritrade founder Joe Ricketts’ super- political action committee as it works to elect Republicans to the Senate and House, according to a U.S. Federal Election Commission report.
Intel Corp., the world’s largest semiconductor maker, forecast second-quarter sales that may exceed some analysts’ estimates as improving corporate orders help stabilize the declining personal-computer market.
General Motors Co. Chief Executive Officer Mary Barra, under fire for a delayed response to flawed ignition switches linked to 13 deaths, said she is creating a team that will make the company’s cars as safe as they are fun to drive.
U.S. taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report.