(Reuters) -JPMorgan Chase CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment and healthy consumer finances. The U.S. economic boom is "unbelievable," Dimon said at an Economic Club of New York event on Tuesday. Dimon, who has run the largest U.S. lender for more than 18 years, has cautioned that inflation could be more persistent than expected, keeping interest rates higher for longer.
The US announced two proposals for offshore wind sales that could generate
The sector will achieve “liftoff” when “it is actively contributing to decarbonization targets, with a sustained project pipeline and regular deployment,” the Energy Department said.
(Bloomberg) — The Biden administration is taking steps to jump-start the fledgling offshore wind sector, outlining a five-year leasing plan that would include turbines in the far reaches of the
Two months after hackers broke into Change Healthcare systems stealing and then encrypting company data, it’s still unclear how many Americans were impacted by the cyberattack. Last month, Andrew Witty, the CEO of Change Healthcare’s parent company UnitedHealth Group, said that the stolen files include the personal health information of “a substantial proportion of people […] © 2024 TechCrunch. All rights reserved. For personal use only.
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In its first quarterly earnings report since becoming an independent company, the power equipment manufacturer contrasted recent wind challenges with near-term optimism for its gas power and electrification business lines.
Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the free, daily ResiClub newsletter. On the company’s most recent earnings call, an analyst asked D.R. Horton CEO Paul Romanowski how the nation’s rising housing market inventory—which in March 2024 was 24% higher than March 2023, although still 37.7% below March 2019—are impacting the nation’s largest homebuilder. Romanowski acknowledged that there’s more housing market inventory today than there has been in the...
Artificial Intelligence (AI) is not just a buzzword, it's a game-changer in the stock market. From automating complex and redundant processes to solving long-standing industry challenges, AI is revolutionizing the way we trade. With the launch of ChatGPT and other natural language processing (NLP) chatbots and AI's use in autonomous driving, the tech is becoming faster and more accurate by the day when solving real-life problems.While the impact of AI on the stock market is undeniable, concerns...
Fifty-seven years ago this May, Israel was in grave danger. The charismatic Egyptian leader Gamal Abdel Nasser announced that the Straits of Tiran would be closed to Israeli shipping. Nasser was preparing for war and assembling a coalition that would eventually include Syria, Jordan, Iraq, and Lebanon. “Our goal is clear,” Iraqi President Abdel Rahman […]
The purpose-built New Bedford Foss Marine Terminal will serve as the base of operations and terminal logistics facility to support offshore wind projects off Massachusetts and the northeastern coast seaboard. It
NEW YORK (AP) — The U.S. flu season appears to be over. It was long, but federal