Justice Department charges 78 people with $2.5 billion in health-care fraud
The DOJ said the defendants allegedly defrauded health care programs used to take care of elderly and disabled people.
Powell says more ‘restriction’ is coming, including possibility of hikes at consecutive meetings
Powell spoke at a European Central Bank monetary policy forum in Sintra, Portugal.
Nvidia dips on report U.S. considering new A.I. chip export restrictions for China
The restrictions would impact Nvidia and AMD and come after the federal government already imposed controls on how powerful Chinese-export chips could be.
Watch Fed Chair Jerome Powell speak live at a policy forum in Portugal
Joining Powell are ECB President Christine Lagarde, Bank of England Governor Andrew Bailey and Bank of Japan Governor Kazuo Ueda.
Here are moves parents can make to help adult child become financially independent, advisor says
These days, it can take years before young adults are able to pay their own way. However, some money moves may speed up the process.
States are paying huge sums to lure semiconductor manufacturers, on top of CHIPS Act billions
The federal CHIPS Act offers billions of dollars in incentives to make semiconductors in the U.S. Some states are kicking in billions more to win projects
Mortgage demand grows, driven by sales of new homes
While applications for mortgages to buy a home rose week to week, they were still down more than 20% compared with a year earlier.
Fanatics increases its offer to $225 million to acquire PointsBet’s U.S. assets
Fanatics outbids DraftKings to acquire the U.S. assets of sports betting site PointsBet.
Regeneron shares fall after FDA rejects high-dose eye disease treatment
Regeneron said the rejection was “solely due to an ongoing review of inspection findings at a third-party filler.”
More than $200 billion in Covid loans potentially stolen by fraudsters, watchdog says
More than $200 billion in Covid aid disbursed by the Small Business Administration may have been stolen, a federal watchdog said.
