By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) -The U.S. Environmental Protection Agency is expected to release a final rule on biofuel blending volume mandates for the years 2023-2025 by June 21, after seeking a one-week extension on a deadline for the rule, according to a court document on…

By Marc Jones LONDON (Reuters) -Turkey’s lira took a 7% nosedive on Wednesday as the country’s newly re-elected government appeared to be abandoning its costly 18-month strategy of keeping the currency on a tight leash by any means necessary. Ankara has seen decades of financial market difficulties and the charts…

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank raised borrowing costs to their highest level in 22 years on Thursday and left the door open to more hikes, extending its fight against inflation that remains stubbornly high even as the euro zone economy flags. The ECB…

We have exited the growth-at-any-cost era, so the startups that are able to extend their runway and drive profitable growth are most likely to survive. With global venture capital funding down 53%, to $76 billion, in the first quarter of 2023 according to Crunchbase, and the collapse of Silicon Valley…

Two of the badges of corporate success are high profits and low debt. Today I draw your attention to five stocks that excel in both regards. Each has a return on stockholders’ equity of 20% or better. On this measure of profitability, I consider 10% decent and 15% good. Each…

Wall Street stocks are back on their feet this year, recouping much of the ground lost to rising interest rates in 2022. The aggressive monetary-policy tightening by the Federal Reserve spilled into 2023, but in all likelihood the anti-inflation campaign is closer to the end than the beginning. The S&P…

Maybe your uncle had a heart attack as soon as he retired. Or your newly-retired friends feel depressed and lost without structure to their day. A cheerful article in Harvard Health News arguing that working longer provides mental stimulation and staves off chronic disease may have led you to believe…

Scott Peterson of Avalara discusses the South Dakota v. Wayfair decision, including how companies and states are faring five years later and what could be next with sales tax nexus. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor…

The NASDAQ NDAQ is the home of the wildly popular trading stocks in the tech sector such as Nvidia, Adobe ADBE and Apple AAPL . Although it’s not widely discussed in the financial media, it’s also the home of a few non-tech value stocks. These are the types of situations…

One of Dubai’s most expensive homes was recently listed for $204 million by Luxhabitat Sotheby’s International Realty. Called The Marble Palace, the massive abode fits the bill for the city’s proclivity towards opulence and pure lavishness. Located in Dubai’s ultra-exclusive neighborhood Emirates Hills, known as the Beverly Hills of Dubai,…