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Economy
Dimon warns US economy’s ‘soft landing’ could deteriorate
JPMorgan Chase CEOÂ Jamie Dimon issued a new warning about the U.S. economy, saying that conditions…
Amazon to invest $10B in North Carolina AI data centers
Amazon is investing $10 billion to create data centers in North Carolina aimed at expanding…
JPMorgan’s Jamie Dimon criticizes mortgage lending rules at firm’s investor day
JPMorgan Chase CEO Jamie Dimon on Monday criticized financial regulators for not easing rules that…
Goldman Sachs says larger tax cut won’t offset tariff drag on economic growth
A new report by Goldman Sachs finds that while House Republicans' tax cut package that's moving…
Klarna losses double as Buy Now Pay Later defaults reach 17% amid inflation
Consumers are failing to make payments on their short-term loans. While Klarna, a significant player…
Homebuyers expect recession in next year, many see it as opportunity to purchase
A new survey finds that American homebuyers are anticipating that a recession will occur by early…
Walmart to cut about 1,500 jobs from corporate workforce
Walmart — the nation's largest private employer — is cutting more than 1,000 corporate jobs…
Federal Reserve governor warns markets demand higher rates on US Treasury debt
Federal Reserve Governor Christopher Waller said Thursday that the financial markets have reacted to projected deficits…
Mortgage rates rise to 6.86%: Freddie Mac
Mortgage rates increased to the highest level since mid-February, mortgage buyer Freddie Mac said Thursday.…
Wage stagnation forces fast-food workers into ‘unsustainable’ economic trap
Fast-food employees are struggling to afford necessities and a recent report shows they must work…
What will no taxes on tips cost in tax revenue?
A key element of the tax-cut package that the Trump administration and congressional Republicans are…
Trump threatens Apple and EU with sweeping new tariffs
President Donald Trump on Friday threatened to impose fresh tariffs on both Apple and the…
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