business news

China’s sweeping measures to prop up the property sector will need time to show results

BEIJING — China’s sweeping moves on Friday to increase support for real estate will take time to show results, analysts…

DJT: Trump Media reports $770,500 revenue for first quarter, net loss of $327.6 million

Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social platform, disclosed a net loss of $327.6 million in…

Jamie Dimon says JPMorgan stock is too expensive: ‘We’re not going to buy back a lot’

Jamie Dimon thinks shares of JPMorgan Chase are expensive. That was the message the bank’s longtime CEO gave analysts Monday…

How Biden is winning over corporate America behind closed doors

President Joe Biden has had it out for corporate America for much of his term. Over the past three years,…

FDIC Chair Martin Gruenberg to resign after damning workplace harassment probe

Federal Deposit Insurance Corp. Chair Martin Gruenberg announced Monday that he will resign after a recent probe found a widespread…

JPMorgan CEO Jamie Dimon signals retirement is closer than ever

Jamie Dimon’s days as CEO of JPMorgan Chase are numbered — though it is unclear by how much. In a…

Supreme Court Justice Alito sold Bud Light stock, then bought Coors during boycott

Supreme Court Justice Samuel Alito sold shares of beer giant Anheuser-Busch InBev as conservatives were ditching the Bud Light brewer…

Judge blasts Trump defense witness for ‘contemptuous’ staring, muttering at hush money trial

The judge presiding over the New York criminal hush money trial of Donald Trump had journalists and most other members…