NEW YORK (AP) — 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. In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained “cautious” about the []
University of Sheffield mechanical engineers are putting their skills to good use by helping businessman Nick Thompson create the ultimate footwear – gel-lined socks designed to ward off blisters. Students teamed up with Nick as part of the Sheffield Innovation Programme and the University’s Made Together programme – a series of pledges designed to make South Yorkshire healthier, more vibrant, more sustainable and more innovative. Nick’s company, Zurego, already has Blis-sox trademarks covering...
JPMorgan CEO Jamie Dimon says stagflation could be one of a number of possible outcomes for the U.S. economy as the Federal Reserve attempts to tame stubbornly high consumer prices. In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained “cautious” about the U.S. economy and […]
The soft landing is still on because spikes in inflation were a blip and the job market isn’t seeing many layoffs, Goldman’s chief economist says.
Video footage shows the Lufthansa Airlines plane skidding on the runaway and then bouncing off the ground as it attempts to land at LAX Airport.
Akira Toriyama's desert adventure Sand Land arrives in video game form, but even with his involvement, does it still do his work justice?
'Sand Land' isn't remarkable among its open-world competition, but it's got heart.
Americans are down on the economy and believe the country is headed in the wrong direction. Yet the metrics of economic health are good, and our friends and rivals in Europe and Asia face more troubling prospects.
The Chinese government's report for the first quarter of 2024 was a mixed bag of cause for optimism and systemic issues that continue to drag on economic growth.Newsweek charts based on the latest data from China's National Statistics Bureau illustrate three key bellwethers of the world's second-largest economy.GDPAccording to the new data, China's gross domestic product (GDP) expanded by 5.3 percent year over year, slightly higher than Q4 2023 and beating many economists' expectations.Though...
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SAND LAND is a curious game that combines an eclectic set of gameplay features into a well-realized package that, despite its flaws, is perfectly solid and more than the sum of its parts.
How will Biden conceal the inflation rampaging throughout his term? The latest scheme appears to be draining the Strategic Petroleum Reserve to the last drop. It’s already down to 17 percent, because Biden opened the spigot when his idiotic sanctions on Russian energy back in 2022 boosted prices at the pump into the stratosphere, always a terrifying development for homo politicus. Biden tamed gas prices by emptying most of the SPR. Now he may finish it off, because no, he can’t have gas prices...