© Reuters. FILE PHOTO: JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, U.S., April 9, 2019. REUTERS/Jeenah Moon NEW YORK (Reuters) -JPMorgan Chase & Co Chief Executive Jamie Dimon said on Monday the bank is holding around $500 billion in cash, putting it in…
© Reuters. U.S. Inflation Expectations Rise to New Highs in N.Y. Fed Survey (Bloomberg) — U.S. consumers’ expectations for inflation over the medium term rose to an eight-year high in May, according to a Federal Reserve Bank of New York survey. The median survey respondent anticipated an inflation rate of 3.6% in three years, up…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. It’s Daily Crunch time for Monday, June 14. I will be standing in for Alexander Wilhelm while he’s off enjoying his time away from the news cycle — if I don’t have…
As federal health authorities probe whether two COVID-19 vaccines could be linked to rare cases of heart inflammation in teens, parents should put the potential risk in perspective with actually getting the disease, says one of the nation’s top pediatric heart doctors. “The incidents of this are tiny compared to the number of people who…
Bitcoin has surged nearly 9% in the past 24 hours, putting it around $39,115 by Sunday evening. It’s unclear what’s spurring the crypto’s rising value against the dollar, but, once again, Tesla (TSLA) – Get Report honcho Elon Musk will likely get some of the credit for driving up the value. Musk earlier on Sunday…
© Reuters. British Prime Minister Boris Johnson, U.S. President Joe Biden, France’s President Emmanuel Macron, Canadian Prime Minister Justin Trudeau, Japanese Prime Minister Yoshihide Suga, President of the European Council Charles Michel, Italian Prime Minister Ma By Elizabeth Piper and William Schomberg CARBIS BAY, England (Reuters) -G7 leaders agreed on Sunday to raise their contributions…
2/2 © Reuters. U.S. President Joe Biden holds a news conference at the end of the G7 summit, at Cornwall Airport Newquay, Britain, June 13, 2021. REUTERS/Kevin Lamarque 2/2 NEWQUAY, England (Reuters) – Western democracies are in a race to compete with autocratic governments, U.S. President Joe Biden said on Sunday. “We’re in a contest,…
© Reuters. FILE PHOTO: The Chinese national flag is seen in Beijing, China April 29, 2020. REUTERS/Thomas Peter By Guy Faulconbridge and Steve Holland CARBIS BAY, England (Reuters) -Group of Seven leaders on Sunday scolded China over human rights in its Xinjiang region, called for Hong Kong to keep a high degree of autonomy and…
The announcement of new iPad software at this year’s WWDC conference had an abnormally large expectation hung on it. The iPad lineup, especially the larger iPad Pro, has kept up an impressively frantic pace of hardware innovation over the past few years. In that same time frame, the software of the iPad, especially its ability…
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