4+ hour, 11+ min ago  (1025+ words) JPMorgan Chase CEO Jamie Dimon on Tuesday urged US lawmakers to vote in Kevin Warsh as Federal Reserve Chair as soon as possible, while Treasury Secretary Scott Bessent voiced confidence that would happen in spite of impending hurdles at the…...

5+ hour, 5+ min ago  (688+ words) Kevin Warsh could become the wealthiest Federal Reserve chairman in history, according to financial disclosures he filed as he heads toward a nomination hearing in the Senate. President Trump's pick to lead the Fed has holdings worth well over $100 million,…...

10+ mon, 1+ week ago  (320+ words) Dollar General is luring in more higher-income households as'shoppers tighten their spending'amid growing concerns around the economy.' CEO Todd Vasos told analysts during the company's first-quarter earnings call on Tuesday that new customers this year are shopping more often and…...

10+ mon, 4+ week ago  (727+ words) Moody's'on Friday cut the US credit rating by one notch, citing rising debt and interest payments that outpace those of similarly rated sovereigns, in a move that marks the end of an era as'Moody's'was the last major agency to maintain…...

2+ day, 19+ hour ago  (561+ words) For many decades, California wasn't just the No. 1 destination for families and businesses in the United States. It was also the state of choice for smart people " America's entrepreneurs and brainiacs. " That's because the future started in California. But in…...

4+ day, 6+ hour ago  (736+ words) Inflation ramped up in March to the hottest levels since May 2024 as higher energy prices slammed the economy " putting another dent in the Federal Reserve's path to interest-rate cuts. The Consumer Price Index rose 3. 3% in March over the past 12 months…...

5+ day, 3+ hour ago  (657+ words) Grocery prices in general are increasing " but some foods are actually seeing a drop in price. A new analysis from Coupon Follow looked at the monthly Consumer Price Index average food price data by the U. S. Bureau of Labor and Statistics…...

5+ day, 5+ hour ago  (412+ words) US stocks sank Thursday morning as oil jumped back near $100 after Iran accused the US of violating its ceasefire agreement and traffic through the Strait of Hormuz remained limited. Brent crude oil prices jumped 3. 9% to $98. 42, while West Texas Intermediate crude…...

6+ day, 13+ min ago  (543+ words) Workers displaced by artificial intelligence and other tech take longer to find new jobs " and when they do, they're stuck earning less for years, a new study found. People hit by tech-driven layoffs spend roughly a month out of work…...

5+ day, 23+ hour ago  (410+ words) Federal Reserve officials stuck to their projection of one interest-rate cut this year at their meeting in March despite uncertainty around the war in Iran " and the odds of at least one cut tripled Wednesday following the start of a…...