Article content (Bloomberg) — JPMorgan Chase & Co.’s Jamie Dimon said that tariffs, if properly used, can help resolve issues such as unfair competition and national security. Article content “Like any tool, if it’s misused it can do damage too,” the chief executive officer of the largest US bank said in an interview on CBS […]
Breadcrumb Trail Links PMN Business Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and steadfast economy, supporting the Federal Reserve’s go-slow approach to further rate cuts. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jan 11, 2025 • […]
Article content (Bloomberg) — Enbridge Inc. is devising plans to rapidly boost capacity on its US oil pipeline system if the incoming Trump administration succeeds in kicking off a drilling boom. Article content The company sees an opportunity to move “several hundred thousand” more barrels of oil a day within the US in the next […]
Breadcrumb Trail Links PMN Business German Chancellor Olaf Scholz amped up on criticism of US President-elect Donald Trump over the integrity of borders during an animated speech meant to motivate Social Democrats ahead of a federal election next month. Author of the article: Bloomberg News Michael Nienaber and Arne Delfs Published Jan 11, 2025 • […]
Breadcrumb Trail Links PMN Business President Joe Biden said he was increasing federal assistance to California as the state deals with raging wildfires that have ravaged communities and that he had urged Governor Gavin Newsom to spare no expense in combating the deadly flames. Author of the article: Bloomberg News Josh Wingrove Published Jan 09, […]
Breadcrumb Trail Links PMN Business US employers probably tempered their hiring last month to wrap up a year of moderating yet still-healthy job growth that economists expect to carry on in 2025. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jan 04, 2025 • 5 minute read 213dmoidagqh9ahdbmenffy)_media_dl_1.png National statistics agency, […]
Breadcrumb Trail Links PMN Business (Bloomberg) — For months, United States Steel Corp. argued that selling out to Japanese-owned Nippon Steel Corp. was the only way to survive. President Joe Biden thought different, concluding that even a takeover by a company based in close ally Japan wasn’t enough to allay national-security concerns. Author of the […]
Breadcrumb Trail Links PMN Business His second term doesn’t start for a month, but Donald Trump is already sending shock waves around the world. Author of the article: Bloomberg News Josh Wingrove Published Dec 22, 2024 • Last updated 1 minute ago • 6 minute read China is preparing tools for a potential trade war in […]
Article content (Bloomberg) — Sonic the Hedgehog 3, from Paramount Global’s film studio, was Hollywood’s highest grossing film this weekend with $62 million in ticket sales in the US and Canada. The results beat Walt Disney Co.’s Mufasa: The Lion King, which debuted to $35 million. Article content Sonic’s performance was below forecasts for at […]
Article content (Bloomberg) — More than 50 Liberal Party members of parliament from Ontario came to a “consensus” during a conference call that Justin Trudeau must step down as prime minister, the Canadian Broadcasting Corp. reported. Article content That would represent about a third of the Liberal caucus, which has 153 seats in Canada’s House […]