JP Morgan reopens offices across US as pressure grows on rivals
For JPMorgan Chase & Co., it’s another step toward post-pandemic normal, but for the U.S. financial industry it’s a bellwether. ...
Tag: bloomberg news
Yellen says spending may spur ‘modest’ interest-rate increases
Treasury Secretary Janet Yellen said interest rates may have to rise modestly to prevent the U.S. economy from overheating due ...
Daimler sees Mercedes margins surging to highest in years
Daimler AG forecast that its main Mercedes-Benz unit will be more profitable than it’s been in years thanks to resurgent ...
Recovery quickens as US retail sales soar, jobless claims ease
The U.S. economy’s comeback is firing on all cylinders with employment, retail spending and manufacturing exhibiting strong gains. Thursday’s barrage ...
US Chips Act shouldn’t favor certain sectors, tech groups warn
Groups representing some of the world’s biggest technology companies are warning U.S. lawmakers against specifying what kind of semiconductor manufacturing ...
Google, GM CEOs get chance for White House pleas for chips
Top Biden administration officials will hear Monday from companies vying with each other for a sharply constrained global supply of ...
Buyers snapping up new cars, even if they’re the wrong color
Emboldened by signs the Covid-19 crisis may be waning and fearful of potential vehicle shortages, consumers snapped up new autos ...
Porsche expands US subscription program to boost Taycan sales
Porsche is expanding its app-based subscription service to five more U.S. cities and adding its electric Taycan to the list ...
