Be prepared for 7% interest rates, warns Jamie Dimon
JPMorgan Chase CEO Jamie Dimon issued a stark warning Monday to Wall Street: The Federal Reserve may be far from finished with its aggressive regimen of interest rate hikes in the fight against elevated inflation.
2023-10-03 03:24
Feinstein Institutes’ Ross Prize awardees win 2023 Nobel Prize in Physiology or Medicine
MANHASSET, N.Y.--(BUSINESS WIRE)--Oct 2, 2023--
2023-10-03 03:22
Ally Financial to lay off nearly 5% of staff
Ally Financial said on Monday job cuts in various divisions of the digital banking firm will affect nearly
2023-10-03 03:18
Brazil September trade surplus hits record but misses expectations
BRASILIA Brazil's trade surplus reached a historic high for September, but fell slightly short of market estimates, according
2023-10-03 02:51
Carlyle Is Dismantling US Consumer Investing Team in Buyout Shift
Carlyle Group Inc. is retreating from bets on US consumer brands as the firm reorganizes its private equity
2023-10-03 02:48
Kellanova, WK Kellogg shares slump on first day after spinoff
By Chibuike Oguh and Granth Vanaik NEW YORK Shares of Kellanova fell more than 7% on Monday after
2023-10-03 02:45
GM, Stellantis face $9.5 billion in US fuel economy fines -industry group letter
By David Shepardson WASHINGTON (Reuters) -The proposal by President Joe Biden's administration to hike fuel economy standards through 2032 would
2023-10-03 02:26
Building Magnate Weighs Autostrade Bid Valued at €20 Billion
An Italian construction magnate is considering a takeover bid for Autostrade per l’Italia SpA that could value the
2023-10-03 02:20
More suspects to be charged in ransacking of Philadelphia stores, district attorney says
Prosecutors in Philadelphia say Monday that more suspects will be charged with smashing into stores last week as law enforcement officials review video of the social-media fueled mayhem
2023-10-03 01:48
The Supreme Court opens its new term with a case about prison terms for drug dealers
The Supreme Court has opened its new term with a case about prison terms for drug dealers and rejections of hundreds of appeals, including one from an attorney who pushed a plan to keep former President Donald Trump in power
2023-10-03 01:25
Bond Rout Lifts US Yields to Multiyear Highs to Open New Quarter
Treasury 10-year and 30-year yields reached new multiyear highs Monday as a selloff in bonds resumed in the
2023-10-03 01:25
Fed's Barr says his focus is on how long to hold rates high
Federal Reserve Vice Chair for Supervision Michael Barr on Monday said the U.S. central bank should proceed "carefully"
2023-10-03 01:19