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Fed Officials Fretted Bank Turmoil Could Have Serious Economic Consequences

WASHINGTON — Federal Reserve officials wanted to remain flexible about the path ahead for interest rates, minutes from their March meeting showed, as they weighed a strong labor market and […]




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What to Know About Buying Electric Cars and the New Emissions Rule

The Biden administration on Wednesday proposed ambitious auto emissions rules that could significantly change the kinds of cars and trucks on sale in the United States — but not right […]




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Automakers Face Test in Reaching U.S. Target for Electric Vehicles

The Biden administration’s plan to accelerate the adoption of electric vehicles — reaching a two-thirds share of new cars in less than a decade — pushes automakers further in a […]




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In A.I. Race, Microsoft and Google Choose Speed Over Caution

In March, two Google employees, whose jobs are to review the company’s artificial intelligence products, tried to stop Google from launching an A.I. chatbot. They believed it generated inaccurate and […]




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How AI and DNA Are Unlocking the Mysteries of Global Supply Chains

Having a full picture of their supply chains can offer companies other benefits, like helping them recall faulty products or reduce costs. The information is increasingly needed to estimate how […]




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Norfolk Southern’s Push for Profits Compromised Safety, Workers Say

Norfolk Southern once had so few accidents and injuries that it won the rail industry’s prestigious E.H. Harriman safety award for 23 years in a row until it was retired […]







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How a Trump-Era Rollback Mattered for Silicon Valley Bank’s Demise

WASHINGTON — Silicon Valley Bank was growing steadily in 2018 and 2019 — and supervisors at its primary overseer, the Federal Reserve Bank of San Francisco, were preparing it for […]




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Fed Vice Chair Calls Silicon Valley Bank a ‘Textbook Case of Mismanagement’

WASHINGTON — The Federal Reserve’s vice chair for supervision blamed Silicon Valley Bank’s demise on poor internal management and excessive risk-taking and detailed the steps that Fed supervisors took to […]




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As Banking Worries Swirl, Europe’s Policymakers Express Confidence, With Caution

For a bank, a loss of confidence is a fatal blow. After that occurred at several banks in the United States and Switzerland in the past few weeks, policymakers in […]