Yellen to meet with Jamie Dimon and other bank CEOs on Thursday as debt ceiling crisis looms
With time running out to reach a deal on the debt ceiling, Treasury Secretary Janet Yellen plans to meet with bank CEOs on Thursday afternoon in Washington, sources tell CNN.
2023-05-17 00:15
Elon Musk said he must approve all hiring decisions at Tesla
Tesla Inc CEO Elon Musk has said that the company can make no new hires unless he personally approves them, according to a copy of the email seen by Reuters.
2023-05-16 22:53
Biden and McCarthy slated to meet again Tuesday to discuss raising the nation's borrowing limit
Anyone looking for clues at how talks to raise the nation's borrowing limit and avoid a historic default are progressing between President Joe Biden and congressional Republicans might be confused ahead of a high-stakes meeting at the White House on Tuesday.
2023-05-16 22:21
Retail spending rebounded in April
Spending at US retailers rose in April following two months of declines, showing the US consumer is still fueling the economy.
2023-05-16 20:51
Millennial Money: What’s concierge medicine? Is it worth it?
Concierge medicine, a business model in which patients pay a membership fee to have a direct relationship with a doctor — used to feel like something just for the well-to-do
2023-05-16 20:47
Wall Street's 'fear gauge' is rising as US debt talks drag on
The United States government is inching closer to its so-called debt ceiling X-date, when the Treasury could run out of cash and extraordinary measures to pay all government obligations, and both political parties remain at odds with no concrete solution to avoid a default.
2023-05-16 20:29
Shoppers are pulling back at Home Depot
Consumers are taking on smaller home improvement projects as higher interest rates and inflation take their toll.
2023-05-16 19:55
Vodafone plans 11,000 job cuts
Vodafone said Tuesday it would cut 11,000 jobs over three years, as the telecoms company unveiled a turnaround plan to revive its fortunes.
2023-05-16 15:49
Exxon settles Indonesia torture case that led to SEC official's ouster
Exxon Mobil on Monday settled a long-running human rights lawsuit with villagers who claimed soldiers Exxon hired to guard a natural gas facility in Indonesia committed murder and torture.
2023-05-16 15:18
Warren Buffett's Berkshire Hathaway sells entire stake in TSMC
Warren Buffett's conglomerate has sold its remaining shares in the world's largest chipmaker, TSMC, after the "Oracle of Omaha" sounded alarms about its homebase of Taiwan.
2023-05-16 12:50
Haley's financial disclosure report shows lucrative speaking engagements
Republican presidential candidate Nikki Haley's financial disclosure report shows the former US ambassador to the United Nations was paid between $100,001 and $1 million each for 12 speaking engagements in 2022 and 2023.
2023-05-16 07:52
US Virgin Islands subpoenas Elon Musk as part of lawsuit into Jeffrey Epstein sex trafficking ring
The US Virgin Islands has subpoenaed Elon Musk, requesting documents from the Tesla CEO and Twitter owner for its lawsuit alleging JPMorgan Chase benefited financially from Jeffrey Epstein's sex trafficking operation.
2023-05-16 06:20