In his letter to shareholders released Monday, JPMorgan Chase CEO Jamie Dimon chose AI as the first topic among issues facing the biggest U.S. bank by assets.
Yellen says U.S. plans to ‘underscore’ need for China to shift policy
U.S. Treasury Secretary Janet Yellen wrapped up the fourth and final full day of her trip to China on Monday.
Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024
Ripple CEO Brad Garlinghouse said he expects the entire value of the crypto market to double this year.
A Chinese smartphone maker is breaking into EVs and challenging Tesla. How the stock rates now.
Just as the auto industry was adjusting to BYD’s rapid rise, Chinese smartphone company Xiaomi has burst into the market — and undercut Tesla.
New ETF looks to profit from municipal bonds
BondBloxx aims to maximize after-tax returns with its new ETF, the IR+M Tax-Aware Short Duration ETF (TAXX).
Fed caution may be justified if the labor market starts to deteriorate. Here’s why that could happen
March’s robust job gains may push the Fed into a more cautious stance regarding potential rate cuts.
Stocks making the biggest moves midday: Altice, Tesla, Krispy Kreme, Cinemark and more
These are the stocks posting the largest moves in midday trading.
Fed Governor Bowman says additional rate hike could be needed if inflation stays high
Bowman said that it’s possible more hikes could be needed, rather than the cuts the market is expecting.
Unemployment rate among Black Americans jumped in March, contrasting overall trends
Black workers saw their unemployment rate rise to 6.4% from February’s rate of 5.6%. For Black women, this figure spiked to 5.6% from 4.4%.
Demand for french fries reflects resilient consumer as so-called fry attachment rate holds steady
The “fry attachment rate” remains above historical levels, a positive sign for the economy.