JPMorgan Chase CEO Jamie Dimon isn't a fan of 'Bidenomics'
Jamie Dimon isn't sold on 'Bidenomics.' "I'd be careful about that," said Dimon, CEO of JPMorgan Chase, in reference to president Joe Biden's economic theory that rejects "trickle-down" policies in favor of focusing on the middle class.
2023-07-13 06:56
Trafigura Proposed Fake Nickel Deals, Says Man It Blames
The man accused by Trafigura Group of being behind a $590 million nickel fraud finally responded to the
2023-07-13 02:26
Harris Convenes AI Meeting With Labor, Civil Rights Leaders
Vice President Kamala Harris convened a group of civil rights and labor leaders Wednesday to discuss the field
2023-07-13 02:18
Will cooling inflation help sell Bidenomics?
This weird post-pandemic, inflation-addled economy has been scrambling preconceived notions for years. And it is with that background that anyone should read this unquestionably good economic news: Inflation is unquestionably cooling.
2023-07-13 01:52
The US economy is defying expectations, says Biden's top economic adviser
The resiliency of the US economy is defying expectations — and the odds of a "soft landing" are improving, said Lael Brainard, President Joe Biden's top economic adviser, on Wednesday afternoon.
2023-07-13 01:25
Explainer-Why is the U.S. SEC reforming money market funds?
By Michelle Price WASHINGTON The U.S. Securities and Exchange Commission (SEC) on Wednesday finalized long-awaited regulations to improve
2023-07-13 00:59
Democrats Want Inquiry on GOP’s ‘Duping’ by Hunter Biden Accuser
Democrats unsuccessfully sought an immediate US House inquiry into whether Republican lawmakers leveling accusations of corruption against presidential
2023-07-13 00:17
Lucid shares drop as deliveries take hit from Tesla's price war
(Reuters) -Lucid Group said its second-quarter production dropped from the previous three months while deliveries stayed flat, sending the shares
2023-07-12 22:28
Global public debt hits record $92 trillion - UN report
By Jorgelina do Rosario LONDON Global public debt surged to a record $92 trillion in 2022 as governments
2023-07-12 21:45
Back-to-school spending is forecast to drop 10% as inflation bites
Shopping for back-to-school essentials, such as clothes, shoes and electronics, will be a bigger struggle for families this year who are trying to manage their household budgets with less disposable incomes because of inflation.
2023-07-12 19:50
China's export slide to steepen in June, imports seen down: Reuters poll
By Joe Cash BEIJING China's export slump is expected to have accelerated in June, as sluggish overseas economies
2023-07-12 15:21
Actors union agrees to 11th hour mediation effort, but strike still looms
The union representing 160,000 actors said on Tuesday it has agreed to a request from studios and streaming services to meet with federal mediators over contract negotiations but is still prepared to go on strike at 11:59 pm PDT on Wednesday unless a deal is reached.
2023-07-12 12:57