Sage Investment Club

Koch brothers–founded group is pushing Republicans to turn the page on Donald Trump

The late David Koch, who died in 2019, is shown during a speech by then–Fed Chairman Ben Bernanke at the Economic Club of New York seven years earlier. Bloomberg WASHINGTON — A group funded by billionaire Charles Koch will work to support a Republican presidential nominee other than Donald Trump, concluding in a strategy memo that “we need […]

Gabbard, Kucinich aim to disrupt two-party voting system at Independent confab

Two former Democratic presidential candidates, Tulsi Gabbard of the 2020 race — and former longtime Ohio politician Dennis Kucinich, a 2004 and 2008 early contender for the White House — will headline the second-ever Independent National Convention (INC) this spring in Austin, Texas. It’s an event intentionally set during a non-election year because organizers argue […]

Amazon cut 67,000 jobs in 2022, the first yearly decline in 20 years

Amazon.com Inc. had a pretty bad year in 2022, with the e-commerce and cloud giant recording its biggest loss ever, and with its stock suffering a yearly record loss. Its employees had a bad year, too: For the first time in 20 years, the company shrank its workforce. According to Amazon’s 2022 annual report, released […]

State of the Union: 5 key challenges for Biden as he delivers his speech

President Joe Biden will face no small task on Tuesday night, when he delivers his State of the Union speech after a little more than two years in office.Biden looks poised to tackle the debt-limit standoff, recession worries and acts of violence at home and abroad in his remarks. At the same time, American presidents […]

Oil prices gain for the session, but post a January loss

Front-month oil futures ended higher on Tuesday, but U.S. prices posted a third-straight monthly decline, ahead of this week’s Federal Reserve decision on interest rates and amid signs that Russian crude exports remain resilient. Prices for the U.S. and global crude benchmarks marked their biggest monthly declines since November 2022, while natural gas marked its […]

U.S. may cut off China’s Huawei entirely from U.S. suppliers

WASHINGTON — The Biden administration is considering entirely cutting off Chinese telecommunications giant Huawei Technologies Co. from U.S. suppliers over national-security concerns by tightening export controls targeting the firm, according to people familiar with the matter. The move — should the administration move forward — would mark the latest salvo in the high-stakes clash between the world’s two largest economies as U.S. […]