United States

US fund managers brace for a trade war by investing in companies that can easily pass on higher costs to consumers

Stock fund managers are looking for companies that pass on costs to consumers as fear of a trade war between the United States and China grows, but some managers fear rising inflation will affect domestic companies too.

United States

Likely New York Fed president says bitcoin 'doesn't pass the basic test' for a currency

The central banker expected to be the next head of the New York Fed doesn't think much of bitcoin.

World

Hip hop culture comes under scrutiny in China, but some of it gets a pass

China's hip hop scene has faced increased scrutiny from authorities after seeing a mainstream boost last year.

Energy

Farm state senators tell EPA to stop giving big oil refiners a pass on biofuels rules

Bipartisan lawmakers are asking EPA to stop issuing waivers that allow refiners to avoid biofuel blending obligations.

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