Month: September 2024
JD Vance false conspiracy on Haitian immigrants is ‘dangerous,’ Biden NSC spokesman says
Republican vice presidential nominee, U.S. Sen. J.D. Vance (R-OH) speaks to reporters in front of the border wall with Mexico on September 06, 2024 in San Diego, California. Justin Sullivan | Getty Images A Biden administration official on Tuesday said it was “dangerous” for Republican vice presidential nominee Sen. JD Vance of Ohio to share […]
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JPMorgan Chase shares drop nearly 7% after bank tempers guidance on net interest income
Key Points JPMorgan Chase shares fell 7% Tuesday after the bank’s president told analysts that expectations for net interest income were too optimistic. The current estimate for NII — one of the main ways that banks earn money — of $89.5 billion is too high given expectations for interest rates, JPMorgan president Daniel Pinto told […]
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Car giants are being forced to confront some hard truths over the EV transition
The Volvo logo is displayed at the Volvo Cars Hill Country dealership on September 04, 2024 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images European car giants are contending with a perfect storm of challenges on the path to full electrification, including a lack of affordable models, a slower-than-anticipated rollout of […]
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Federal Reserve unveils toned-down banking regulations in victory for Wall Street
Federal Reserve Board Vice Chair for Supervision Michael S. Barr testifies at a Senate Banking, Housing and Urban Affairs Committee hearing on “Recent Bank Failures and the Federal Regulatory Response” on Capitol Hill in Washington, March 28, 2023. Evelyn Hockstein | Reuters A top Federal Reserve official on Tuesday unveiled changes to a proposed set […]
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Melania Trump questions Trump assassination attempt story: ‘We need to uncover the truth’
Screen grab showing Former First Lady Melania Trump addresses her husbands assassination attempt on X. Source: @melaniatrump | X Former first lady Melania Trump questioned the official account of the attempted assassination this summer of her husband, Republican presidential nominee Donald Trump. Speaking in a dramatically produced 30-second video, posted to social media Tuesday to […]
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SEC charges Keurig Dr Pepper for making inaccurate claims about K-Cups’ recyclability
Green tea pod is visible inside a Keurig brand coffee maker, Lafayette, California, December 17, 2022. Photo courtesy Sftm. Gado | Archive Photos | Getty Images The Securities and Exchange Commission has charged Keurig Dr Pepper for making inaccurate claims about the recyclability of its disposable K-Cup pods, the agency said Tuesday. Keurig has agreed […]
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Broadband industry quietly abandons Capitol Hill fight to revive low-income internet subsidy
Cunaplus_m.faba | Istock | Getty Images Internet service providers like Charter, Verizon and Comcast have quietly scaled back their efforts to revive the Affordable Connectivity Program, an expired federal internet subsidy that helped low-income households pay for broadband. The $14.2 billion program provided a discount of up to $30 per month for some qualifying households […]
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It’s not always ‘a sexy thing’ to be a millionaire, former NFL linebacker Brandon Copeland says. Here’s why
Your Money It’s not always ‘a sexy thing’ to be a millionaire, former NFL linebacker Brandon Copeland says. Here’s why Published Tue, Sep 10 202410:02 AM EDT Greg Iacurci@GregIacurci WATCH LIVE Source
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Israeli military says it likely killed American in West Bank
Palestinian activists lift a banner and portraits of slain Turkish-American International Solidarity Movement activist Aysenur Ezgi Eygi during a funeral procession in Nablus in the occupied West Bank. Nasser Ishtayeh | Lightrocket | Getty Images The Israeli military said Tuesday that it was “highly likely” its forces killed an American woman during a protest in the occupied West Bank […]
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Presidential debate crib sheet: U.S. economy numbers to know
When Vice President Kamala Harris and former President Donald Trump take the debate stage in Philadelphia on Tuesday night, expect them to arrive with a stockpile of talking points about the U.S. economy. In the weeks leading up to their head-to-head debate, hosted by ABC News, both Harris and Trump have unveiled new economic proposals. […]
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