business news

Vice President Kamala Harris’ past donors privately strategize in case Biden drops out

Vice President Kamala Harris’ allies are privately discussing what her candidacy would look like if President Joe Biden dropped out…

Is inflation Biden’s or Trump’s fault? The answer isn’t so simple, economists say

The recent U.S. presidential debate saw both candidates trade barbs related to the economy. High pandemic-era inflation was among the…

One of the biggest bears in this bull market is leaving JPMorgan

A top strategist at JPMorgan who was caught offside by the stock market rally is quitting the investment firm. Marko…

Private payrolls grew by just 150,000 in June, less than expected

Private payroll growth edged lower in June, according to a report Wednesday from ADP that indicates a potential slowdown in…

Biden revoked 8 licenses for China’s Huawei in 2024, document shows

The Biden administration has revoked eight licenses this year that had allowed some companies to ship goods to Chinese telecoms equipment giant Huawei, according to a document first reported…

The U.S. needs more of this critical metal — and China owns 80% of its supply chain

BEIJING — China dominates the supply chain for many of the world’s critical minerals, but so far it’s held off…

U.S. adds six companies to trade restriction list, four for training China’s military

The United States added six companies to its trade restriction list on Tuesday, including four for their links to the training of China’s military forces, according to a government posting. Two of the companies are in…

Top Democrats Pelosi, Clyburn say Biden age concerns are ‘legitimate’ after debate

Former House Speaker Nancy Pelosi, of California, and House Rep. Jim Clyburn, of South Carolina, both Democrats, said Tuesday it…

First House Democrat urges Biden to withdraw from presidential race

Rep. Lloyd Doggett of Texas urged President Joe Biden on Tuesday to “make the painful and difficult decision to withdraw”…