U.S. Economy

A.I. trade is leaving investors vulnerable to painful losses: Evercore

The artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration…

SEC awards record $279 million to whistleblower

WASHINGTON — The nation’s top securities regulator on Friday announced it had given a $279 million award through its whistleblower…

Russia and China would use debt default to portray U.S. as chaotic, intel chief warns

WASHINGTON — The director of America’s top spy agency warned lawmakers Thursday that Russia and China will take advantage of the U.S.…

House China committee targets top clothing brands in forced labor inquiry

WASHINGTON — A House committee examining the U.S. government’s economic relationship with China is asking some of the world’s largest…

After First Republic’s rescue, economists predict further pain with a ‘new era’ of higher inflation

After the rescue of First Republic Bank by JPMorgan Chase over the weekend, leading economists predict a prolonged period of…

3 indicators the job market is seeing what one economist calls an ‘unambiguous cooldown’

The job market is still hot but is clearly slowing from the scorching levels seen during much of the past…

Lawmakers led by Democrats urge the Fed to halt rate hikes ahead of Wednesday’s announcement

WASHINGTON — A group led by several prominent Democratic lawmakers is calling on the Federal Reserve to halt rate hikes…

‘Other problems might be lurking’: Strategist is unconvinced by Jamie Dimon’s bank crisis comments

JPMorgan Chase CEO Jamie Dimon’s assertion that recent turmoil in the banking sector was effectively ended by the resolution of…

Lawmakers urge SEC to crack down on Chinese retail giant Shein over alleged forced labor

WASHINGTON — Bipartisan lawmakers are urging the nation’s top markets regulator to require Chinese fast-fashion giant Shein to disclose potential…

The U.S. could hit the debt ceiling by June 1, much sooner than expected, Yellen warns

WASHINGTON — Treasury Secretary Janet Yellen on Monday warned that the United States may run out of measures to pay its…