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‘Read His Book’: Dimon Offers a Tariff Tip as Trump Haunts APEC
The most important man at a gathering of world leaders and executives in Peru Thursday wasn’t even in attendance.
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure. Thursday's report from the Labor
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
Exxon laying off almost 400 workers at Irving’s Pioneer Natural Resources
Oil giant and formerly Dallas-based ExxonMobil company is cutting 397 workers from recently acquired Pioneer Natural Resources, another blow to North Texas’ shrinking oil and gas sector. The layoffs
The number of American filing for jobless claims falls to lowest level in 6 months
The number of Americans applying for unemployment benefits fell to their lowest level in six months last week as layoffs remain at relatively healthy levels. The Labor Department reported Thursday
US Adds South Korea to Foreign-Exchange Monitoring Watchlist
The US Treasury added South Korea to a “monitoring list” for foreign-exchange practices that continues to include Japan and Germany, and reiterated its criticism of China’s lack of transparency with
Japan GDP expands by 0.3% in third quarter, snapping two quarters of year-on-year declines
Japan's third-quarter real gross domestic product expanded 0.3% year on year, snapping two straight quarters of year-on-year decline. Third quarter GDP rose 0.2% quarter-on-quarter, while also
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
Warren Buffett’s new bets on Domino’s and Pool Corp. send those stocks climbing
Berkshire Hathaway initiated these new positions during the third quarter even as it cut back its holdings of big names like Apple and Bank of America.
Billionaire Investor Trims Alibaba After Saying Buy 'Everything' China
Turns out that Billionaire investor David Tepper, who said recently he would buy “everything” China-related amid Beijing’s stimulus blitz, trimmed exposure in e-commerce giant Alibaba Group Holding
Why credit card rates remain high, even after interest rate cuts
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week. Credit card debt climbed $24 billion over a three-month stretch ending in
Applied Materials Forecast Signals Cautious Chipmaker Spending
Applied Materials Inc., the largest US maker of chip-manufacturing equipment, gave a weak revenue forecast, indicating that some semiconductor customers may be slowing orders.
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