business news

Jamie Dimon says he still sees a recession on the horizon

JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S.…

Hamas’ new political leader Yahya Sinwar is seen as more extreme — and less willing to compromise

Hamas on Tuesday appointed Yahya Sinwar as the leader of its political wing following the assassination of its former political…

A ‘soft landing’ is still on the table, economists say

Recession fears led to a sharp stock-market selloff in recent days, with the S&P 500 index posting a 3% loss…

No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says

Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand…

Bangladesh protesters expect interim government to be finalized on Wednesday

Bangladesh’s protest leaders said they expect members of an interim government, led by Nobel laureate Muhammad Yunus, to be finalized…

Sahm Rule creator doesn’t think that the Fed needs an emergency rate cut

The U.S. Federal Reserve does not need to make an emergency rate cut, despite recent weaker-than-expected economic data, according to…

Consumer giants from Starbucks to General Mills have one big sales problem: China

BEIJING — A theme emerging in the latest slew of U.S. companies’ earnings reports is a drag from the China…