JPMorgan Chase CEO Jamie Dimon says Trump doesn't understand the debt ceiling
JPMorgan Chase CEO Jamie Dimon sharply criticized former President Donald Trump on Thursday, saying the 2024 presidential candidate doesn't understand the debt ceiling and what is at stake. It is just "one more thing he doesn't know very much about," Dimon told Bloomberg Television.
1970-01-01 08:00
As PacWest shares dive, are we seeing the 2008 financial crisis all over again?
If the current banking crisis looks like '08, sounds like '08 and feels like '08, is it '08 all over again? Using abductive reasoning, the answer is yes.
1970-01-01 08:00
Norfolk Southern unveils compensation plans for homeowners near derailment site
Norfolk Southern is spelling out how it will compensate East Palestine, Ohio, homeowners whose homes lost value due to the railroad's February derailment.
1970-01-01 08:00
Global companies warn of slower-than-expected recovery in China
China's first few months of reopening to the world hasn't gone as planned for global businesses.
1970-01-01 08:00
Audits of Chinese companies by KPMG and PwC full of holes, US watchdog finds
US inspectors, after receiving access to auditors' books for the first time, discovered significant shortcomings in audits of companies based in China and Hong Kong that are listed on US stock exchanges.
1970-01-01 08:00
MTN in Advanced Talks to Sell Some West African Assets
MTN Group Ltd. is in advanced talks with Axian Group Ltd. to sell some of its West African
1970-01-01 08:00
Denmark has a debt ceiling, too. It's never been a problem
The United States isn't the only country that puts a limit on how much money its government is allowed to borrow. But it is the only nation regularly pushed to the brink of a political and economic crisis as a result.
1970-01-01 08:00
Column-Cromwell’s rule and the global economic outlook: Kemp
By John Kemp LONDON “Think it possible you may be mistaken”, England's leader Oliver Cromwell demanded in a
1970-01-01 08:00
India Renews Call for Chipmakers as Billionaire’s Effort Drags
India is set to revive its effort to lure prospective chipmakers into the country as projects already disclosed,
1970-01-01 08:00
Factbox-U.S. corporate bankruptcies at highest level since 2010
By Bansari Mayur Kamdar U.S. companies are feeling the heat of decades-high interest rates and sticky inflation, with
1970-01-01 08:00
Tempur Sealy seeks sales bounce with $4 billion deal for Mattress Firm
By Deborah Mary Sophia and Abigail Summerville (Reuters) -Tempur Sealy International Inc said on Tuesday it would buy retailer Mattress
1970-01-01 08:00
National Retail Federation lowers US consumer good import forecast for first half of 2023
By Lisa Baertlein LOS ANGELES Closely watched U.S. retail trade forecasters on Monday lowered their import target for
1970-01-01 08:00