Breaking News: Business

JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher

JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures.…

Wells Fargo shares tumble after net interest income falls short of estimates

Wells Fargo on Friday reported a 9% decline in net interest income, even though its second-quarter earnings and revenue exceeded…

Biden won’t drop out of election against Trump unless polls say ‘there’s no way you can win’

President Joe Biden on Thursday said that nothing would make him reconsider his decision to remain in the 2024 presidential…

Biden interview edited by Black radio show following campaign’s request

The campaign of President Joe Biden asked for and received two edits to an interview he gave a Milwaukee radio…

Bill Gross says Tesla is the new meme stock

Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors. “Tesla acting like a…

Athletic Brewing raises $50 million as nonalcoholic wave sweeps beer making

Leading nonalcoholic brewer Athletic Brewing Company announced Tuesday it’s raised an additional $50 million in equity financing in a round…

Citadel’s Ken Griffin says he’s not convinced that AI will replace human jobs in the near future

Ken Griffin, founder and CEO of Citadel, said he remains skeptical that artificial intelligence could soon make human jobs obsolete…

Hunter Biden sues Fox News over ‘mock trial’ miniseries

U.S. President Joe Biden’s son Hunter Biden sued conservative news outlet Fox News on Monday for publishing nude photos and…