-
Federal Reserve officials of late have been worried both about the persistence of inflation and a slowing economy, minutes of the central bank’s recent meeting released on Wednesday showed. The Fed chose to keep its key interest rate steady at the highest level in some two decades at its April 30 to May 1 gathering. Officials will meet again June 11 and 12 ...
-
The ex-husband of a former BP mergers and acquisitions manager was sentenced to two years in federal prison for insider trading that netted him $1.76 million after he eavesdropped on her work calls about the oil giant buying another company. The ex-husband, Tyler Loudon, also was sentenced to one year of supervised release after his prison term and fined ...