JPMorgan CEO Warns Higher Inflation Could Push U.S. Rates Above 4.5%
NEW YORK (Reuters) – JPMorgan Chase & Co Chief Executive Officer Jamie Dimon on Thursday warned that persistent and elevated…
2022
Netflix Ad-supported Plan To Launch In November At $7 A Month
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Netflix Inc said on Thursday it will introduce a streaming plan…
Fed Seen Ramping Up Interest-rate Hikes As Inflation Burns Hot
By Ann Saphir and Howard Schneider (Reuters) -The Federal Reserve is seen delivering another large interest-rate hike in three weeks’…
Oil Prices Rise On Low Diesel Stocks Ahead Of Winter
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices traded about $1 higher on Thursday, reversing course as low levels of…
How Social Security works and what to know about its future
NEW YORK (AP) — Tens of millions of older Americans will see a major increase in benefits this January when…
Exclusive-Google Faces EU Antitrust Charges Over Its Adtech Business – Sources
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet unit Google could face antitrust charges next year over its digital advertising business,…
IMF chief urges aggressive fight against soaring inflation
WASHINGTON (AP) — Warning that inflation threatens to become “a runaway train,’’ the managing director of the International Monetary Fund…
IKEA calls 2022 an ‘exceptional year’ despite challenges
STOCKHOLM (AP) — Swedish home furnishings giant IKEA said Thursday that despite “unprecedented challenges” caused by the war in Ukraine,…
Walgreens beats fiscal 4Q forecasts, absorbs UK business hit
Walgreens Boots Alliance topped earnings forecasts in the final quarter of fiscal 2022, and the drugstore chain’s early look at…
Average long-term US mortgage rates up another quarter point
WASHINGTON (AP) — Average long-term U.S. mortgage rates reached their highest level in more than two decades this week and…