Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Sept. 22, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images JPMorgan Chase CEO Jamie Dimon said Tuesday that it’s …
Daily Archives: May 16, 2023
May, 2023
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16 May
Taiwan: China says ready to ‘smash’ Taiwan self-rule as US prepares major arms package, sends advisers
BEIJING: China’ is prepared to “resolutely smash any form of Taiwan independence,” its military said Tuesday, as the US reportedly prepares to accelerate the sale of defensive weapons and other military assistance to the self-governing island democracy.A recent increase in exchanges between the US and Taiwanese militaries is an “extremely …
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16 May
HD, COF, DISH & more
A Home Depot store in Hyattsville, Maryland, on February 22, 2022. Stefani Reynolds | AFP | Getty Images Check out the companies making headlines in premarket trading. Dish Network — The satellite TV provider added 5.2% in premarket trading after director James DeFranco disclosed the purchase of 3 million shares. …
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16 May
Google False Advertisement Of Pixel 4 Smartphone In Texas Google Will Pay 8 Million Dollar Fine Tech News Marathi
Google : जगातील सर्वात मोठी सर्च इंजिन कंपनी गुगलच्या (Google) एका चुकीमुळे 65 कोटीपेक्षा जास्त दंड भराव लागणार आहे. ही दंडाची रक्कम अमेरिकन सरकारकडे जमा करावी लागणार आहे. याचं कारण गुगलनं टेक्सासमध्ये पिक्सल 4 स्मार्टफोनची खोटी जाहिरात चालवली होती. यासाठी फेडरल सरकारसह टेक्सास प्रांताचे (Texas) ऍटर्नी जनरल केन पॅक्सटन (Ken Paxton) …
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16 May
Samsung explores offline CBDC that works with Galaxy phones
A man walks past an ad for the Samsung Galaxy Z Flip4 smartphone at the company’s Seocho building in Seoul on Jan. 31, 2023. Jung Yeon-je | Afp | Getty Images Consumer tech giant Samsung is looking into launching a central bank digital currency in a collaboration with the Bank …
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16 May
Pakistan army vows no restraint on mobs attacking its property
ISLAMABAD: Pakistan’s army said “restraint will no longer be exercised” on groups attacking military installations, vowing to take legal action against those who damaged property after former premier Imran Khan’s dramatic arrest last week. “The Armed Forces are well aware of the planners, instigators, abettors and perpetrators of these attacks …
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16 May
SHAK, SCHW, HRB, DD and more
Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves in premarket trading: Shake Shack – The fast food chain saw its stock gain nearly 4% after the Wall Street Journal reported that activist investor Engaged Capital is planning a proxy fight for three board …
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16 May
Fed’s Bostic casts doubt on rate cuts this year even if there’s a recession
Atlanta Federal Reserve President Raphael Bostic said Monday that he doesn’t foresee rate cuts at least through 2023, even if there’s a recession. “For me, inflation is job No. 1. We’ve got to get back to our target,” he told CNBC’s Steve Liesman during a “Squawk Box” interview. “If there’s …
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16 May
Paul Tudor Jones says the Fed is done raising rates, stocks to finish the year higher from here
Billionaire hedge fund manager Paul Tudor Jones believes the Federal Reserve has finished raising interest rates in its fight against inflation, and the stock market could grind higher this year. “I definitely think they are done,” Jones said Monday on CNBC’s “Squawk Box” of the Fed’s rate-hiking campaign. “They could probably declare …
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16 May
SHAK, SCHW, ATVI and more
People queuing outside Shake Shack in London. Latest Covid-19 lockdown slams UK business owners. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Shake Shack — The fast food chain’s stock jumped 7.8% after the Wall Street Journal reported that activist investor Engaged …