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Labour party to face ‘uphill struggle’ in fight to boost U.K. economy, JPMorgan says
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JPMorgan CEO Jamie Dimon hopes for soft landing for U.S. economy but says stagflation is possible
JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation.NBC News - Top stories -
Legal Ban on Worker Noncompetes Faces Uphill Battle
The U.S. Chamber of Commerce is among the business groups that have already filed suit against the FTC's rule, which may be overturned by increasingly skeptical courts.Inc. - Business -
Legal Ban on Worker Noncompetes Faces Uphill Battle
The U.S. Chamber of Commerce is among the business groups that have already filed suit against the FTC's rule, which may be overturned by increasingly skeptical courts.Inc. - Business -
Asylum Seekers Already in U.K. Say Rwanda Law Creates New Anxiety
For the tens of thousands of asylum seekers in Britain, a new law brings the possibility of deportation to central Africa closer. We asked how it was affecting them.The New York Times - World - United Kingdom -
Asylum Seekers Already in U.K. Say Rwanda Law Creates New Anxiety
For the tens of thousands of asylum seekers in Britain, a new law brings the possibility of deportation to central Africa closer. We asked how it was affecting them.The New York Times - Top stories - United Kingdom -
Singapore Economy Likely to Strengthen This Year, But Faces Long-Term Pressures
Singapore’s central bank said growth could be driven by the global electronics upturn, which is broadening beyond semiconductors and is fueling growth in Asia’s emerging markets.The Wall Street Journal - World -
China's middle-class sees decrease in confidence as economy faces slowdown
NBC News' Janis Mackey Frayer speaks with a 39-year-old Beijing resident who is navigating being laid off from an internet company while the middle-class in China decreases.NBC News - Top stories - China -
Voters in battleground states say the economy is a top issue
Voters rank the economy ahead of other hot button topics as one of the most important issues ahead of the 2024 presidential election.CBS News - Top stories -
JPMorgan’s calls for a reality check on energy transition are sensible, UAE energy minister says
The energy minister of the UAE concurred with JPMorgan's calls for there to be a "reality check" on the world's energy transition goals and pathway.CNBC - Business - Energy -
UK sanctions are failing to hamper Russia’s economy, says senior MP
Head of inquiry into effectiveness of measures says more must be done to dent Moscow’s defence budgetFinancial Times - Business - United Kingdom
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Peacock raising prices by $2 a month ahead of Summer Olympics
Peacock is raising prices again, a year after its last price hike and just in time for the Summer Olympics.MarketWatch - Business -
Paramount CEO Bob Bakish is stepping down, to be replaced by 3 executives
Media and entertainment giant Paramount Global on Monday said that Chief Executive Bob Bakish was stepping down and would be replaced by a three-person office intended to help “materially streamline operations.”MarketWatch - Business -
AMC’s stock registers biggest decline in a month after preliminary first-quarter results
Shares of AMC Entertainment Holdings Inc. ended Monday’s session down 11.1% as the stock registered its biggest decline since April 1, when it fell 15.6%.MarketWatch - Business -
AT&T’s stock is misunderstood. Here are five reasons Barclays says it can soar.
AT&T’s decisions in recent years look better than those made by rivals, according to Barclays.MarketWatch - Business -
Coursera, Chegg stocks fall after weaker guidance for both edtech companies
Shares of Coursera Inc. and Chegg Inc. fell in the after-hours session Monday after both education-tech companies guided for weaker current quarters, and Chegg also announced a CEO change.MarketWatch - Business