JPMorgan CEO Jamie Dimon says the economy ‘is weakening’
JPMorgan Chase CEO Jamie Dimon said that a Labor Department report released Tuesday confirmed that the U.S. economy is slowing down. The department revised lower its nonfarm payrolls data for the year through March 2025 by 911,000 jobs from initial estimates. That was on the high side of Wall Street’s expectations for a downward shift […]
Hyundai raid could leave businesses reassessing their workforces
This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees being escorted outside the Hyundai Motor Group’s electric vehicle plant, Thursday, Sept. 4, 2025, in Ellabell, Ga. Corey Bullard/U.S. Immigration and Customs Enforcement via AP Last week’s sweeping immigration raid on a Hyundai facility in Georgia could spell […]
‘He is increasingly angry’: My troubled son lives with me. How do I ensure he is financially secure after I die?
“Our family does have a long history of interventions, including hospitalizations.”
Cracker Barrel suspends restaurant remodels after logo controversy
The Cracker Barrel logo is seen on a billboard outside of one of its restaurants. Paul Weaver | Lightrocket | Getty Images The Old Country Store look is back. Cracker Barrel announced Tuesday it was suspending all restaurant remodels, the latest chapter in the controversy over its rebranding that reached as far as the Oval […]
Jerome Powell — don’t cut rates!
An open letter to the chair of the Federal Reserve.
Shake Shack launches French onion soup burger
Shake Shack will introduce a new French Onion Soup menu in its app. Courtesy: Shake Shack As value wars take hold across fast food, Shake Shack aims to offer premium items at a discount. Building off its recent success with the $10 Dubai Chocolate Pistachio Shake, Shake Shack will launch its latest menu innovation Tuesday, […]
Carlyle to partner with Red Bull Formula 1 team
Max Verstappen of Red Bull Racing competes during the British Grand Prix, the 12th round of the Formula 1 World Championship, at Silverstone Circuit in Northampton, United Kingdom, on July 06, 2025. Rasid Necati Aslim | Anadolu | Getty Images Carlyle is set to announce a new partnership with Formula 1 team Oracle Red Bull […]
$53 billion mega-merger with Teck transforms Anglo American from prey to predator
The deal could be viewed as a compelling value opportunity for Anglo, or an attempt to discourage further aggressors like BHP.
Obamacare tax breaks could get extended in government-shutdown fight. Here’s why.
Millions of Americans who rely on Affordable Care Act subsidies may soon get certainty about whether those breaks are expiring or being extended, thanks to the latest government-shutdown battle.
Walmart-backed OnePay adds wireless plans to everything app
Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with peer-to-peer payments. Photo obtained from OnePay website OnePay, the fintech firm majority owned by Walmart, is launching its own branded wireless plan as it seeks to become a one-stop shop for its users, CNBC has […]
