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JPMorgan's 3Q profits rise, but low rates weigh on revenue

JPMorgan Chase says profits rose 24% in the third quarter, largely driven by one-time items that boosted its results, as the bank struggled to grow reRead More



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ABC News: Money

Celebrities join Prince William for Earthshot Prize award 2021-10-17 17:34:35Celebrities have joined Prince William in London for the inaugural awards ceremony of his Earthshot Prize

Coast Guard: 1,200-foot ship dragged California oil pipeline 2021-10-17 17:30:35Investigators believe a massive cargo ship dragging anchor in rough seas caught an underwater oil pipeline and pulled it across the seafloor, months b

‘Halloween Kills’ carves out $50.4 million at box 2021-10-17 17:30:31“Halloween Kills” may be available to watch at home, but the latest installment in the Michael Myers saga is making a killing at the North

Louisiana gators thrive, so farmers' return quota may 2021-10-17 15:39:22Farmers must return a percentage to marshes where their eggs were laid.

Farmers and John Deere suppliers worry about strike's 2021-10-17 15:30:35Farmers and Deere & Co. suppliers are worried about what the strike at the tractor maker’s factories will mean for their livelihoods

In quiet debut, Alzheimer's drug finds questions, skepticism 2021-10-17 12:30:16Persistent concerns about the first new Alzheimer’s treatment in more than 20 years are curbing access more than four months after regulators ap

AP review: At least 13 auto safety rules 2021-10-16 20:03:35As pandemic-era traffic fatalities spike, the U.S. agency in charge of auto safety is struggling with a backlog of safety rules ordered by Congress th

New skyscraper lab will test elevators high above 2021-10-16 15:54:25One of the world's largest elevator towers will test elevators of the future.

Bitcoin-mining power plant raises ire of environmentalists 2021-10-16 13:25:28A bitcoin operation in central New York has taken over a power plant to find cheap energy for currency mining in a move that has alarmed environmental

Unhappy with prices, ranchers look to build own 2021-10-16 11:30:31Frustrated with low prices, ranchers look to open new slaughterhouses

Tens of thousands demonstrate in Rome against neo-fascists 2021-10-16 10:16:31Tens of thousands of union members and other Italians have gathered in Rome a week after right-wing extremists forced their way into the headquarters

Cyprus, Egypt sign deal to speed up electricity 2021-10-16 08:45:31Cyprus’ energy minister says an undersea cable linking the electricity grids of Cyprus and Egypt could be key to helping both countries transiti

L.A. Times - Business

Workers haven't returned to offices en masse. But 2021-10-15 12:29:56Though Delta variant thwarted expectations of workers flocking back to offices this fall, office leasing in L.A. County rises as businesses look ahead

Would you quit your job for $110,000? This 2021-10-15 08:00:09As the government seeks an end to drift gill net fishing, a once booming swordfish industry draws its last breaths.

When will supply chains be back to normal? 2021-10-14 18:50:38COVID-19 led to logjams at ports and borders that continue to ripple through many parts of our economy and everyday life. When will it get better?

How one toy store found a way to 2021-10-14 18:04:18The owner of Kip's Toyland thinks he's outsmarted the global supply chain gridlock that is threatening the holiday shopping season.

Column: Moderna's founders are now billionaires, but where 2021-10-14 16:20:05Moderna's founders are making a mint from COVID vaccines. But the company is failing its commitment to provide shots to the less wealthy nations.

Column: Supply-chain surcharge? Sherwin-Williams is latest company to 2021-10-14 15:56:53Sherwin-Williams has quietly added a 4% 'supply chain charge' to its paint. It's the latest business to hide a price hike with extra fees.

David Spade buys a modern mansion near the 2021-10-14 15:14:39Actor and comedian David Spade just paid $13.85 million for a Hollywood Hills mansion, one of the community's priciest deals so far this year.

Column: People talk about the cost of that 2021-10-14 09:00:21Do you know what the reconciliation bill would pay for. Here are key provisions.

Podcast: Boardrooms so white and male? That's changing 2021-10-14 08:00:59California laws requiring companies to put women and nonwhite or LGBTQ people on their boards of directors are having nationwide influence.

Photos: Gridlock at L.A. ports as dozens of 2021-10-13 23:55:33A global supply chain breakdown has resulted in gridlock at the ports of Los Angeles and Long Beach and beyond.

Auction of 'The One' — L.A.'s biggest new 2021-10-13 17:37:06A foreclosure auction of a lavish L.A. mansion is delayed as a billionaire lender is accused of trying to leave other debt holders out in the cold.

Chris Bosh's longtime Miami Beach mansion gets a 2021-10-13 15:56:00Months after buying Chris Bosh's Miami mansion for $14.43 million, development company AquaBlue Group is looking to flip it for $42 million.

Economy

Homebuilder sentiment bounces back despite ongoing supply chain New! 2021-10-18 10:09:15Homebuilder confidence rose in October thanks to strong buyer demand.

Supply chain chaos is already hitting global growth. New! 2021-10-18 09:16:44The Covid-19 pandemic has left one very destructive issue in its wake: disruption to global supply chains.

Mortgage originations will drop 33% in 2022 as New! 2021-10-18 08:53:58The average rate on the popular 30-year fixed loan will rise to 4%, a full percentage point higher than it is now, MBA economists say.

Investors expect the Fed and European Central Bank 2021-10-18 05:57:52A substantial portion of investors expect the U.S. Federal Reserve and the European Central Bank to keep monetary policy slightly too loose for too lo

Fed's Barkin backs tapering plans and expresses concern 2021-10-15 11:17:35Richmond Fed President Thomas Barkin said he's on board with reducing the amount of economic help the central bank is providing.

Retail sales unexpectedly rise in September as consumers 2021-10-15 09:41:36Consumers spent at a much faster pace than expected in September, defying expectations for a pullback amid pervasive supply chain problems.

Jobless claims fall below 300,000 for the first 2021-10-14 09:54:34Initial claims for unemployment insurance for the week ended Oct. 9 were expected to total 318,000.

Fed says it could begin 'gradual tapering process' 2021-10-13 20:14:44The Federal Open Market Committee on Wednesday released minutes from its Sept. 21-22 policy meeting.

Consumer prices rise more than expected as energy 2021-10-13 11:30:26Consumer prices increased slightly more than expected in September as food and energy price rises offset declines in used cars, the Labor Department s

A record 4.3 million workers quit their jobs 2021-10-13 09:26:47Job openings declined sharply in August while hiring also fell and the level of workers quitting their jobs hit the highest level since at least late

Weekly mortgage demand stalls, as rates jump to 2021-10-13 07:00:02Mortgage rates continued their trudge higher last week, leaving most homeowners with little to no incentive to refinance.

September's jobs creation comes up short with gain 2021-10-12 14:45:44Nonfarm payrolls were expected to increase by 500,000 in September, according to economists surveyed by Dow Jones.

NYT > Economy

John Deere Workers Strike After Failed Contract Talks 2021-10-14 19:30:10About 10,000 unionized employees walked out, as worker activism rises during nationwide labor shortages.

U.S. Renews Its Support for the World Trade 2021-10-14 16:57:15Trade Representative Katherine Tai outlined her vision for the battered World Trade Organization, saying the U.S. wanted to re-engage and address work

As Western Oil Giants Cut Production, State-Owned Companies 2021-10-14 14:27:47In the Middle East, Africa and Latin America, government-owned energy companies are increasing oil and natural gas production as U.S. and European com

There Is Shadow Inflation Taking Place All Around 2021-10-14 10:43:29Some companies haven’t been raising prices. Instead, they’ve been cutting back customer services and conveniences, but how should that be

September Consumer Price Index: Inflation Rises 2021-10-13 18:13:26Consumer Price Index data from the Labor Department showed that prices kept climbing in September, as supply chain snarls and rising rents fueled rapi

Biden Announces Expansion of Hours at Port of 2021-10-13 17:05:37The Port of Los Angeles will join the Port of Long Beach in operating 24/7 as the administration struggles to address a problem that is boosting infla

Fed Minutes September 2021: Officials Worried About Supply 2021-10-13 16:27:38Federal Reserve officials are preparing to slow bond buying and are divided over when they might need to raise interest rates as inflation bites.

Are Tesla and Texas a Perfect Match? It’s 2021-10-13 11:50:19While its C.E.O., Elon Musk, and the state’s conservative lawmakers share libertarian sensibilities, they differ greatly on climate change and r

Debate Looms Over I.M.F.: Should It Do More 2021-10-12 18:32:12As the International Monetary Fund gets set for its annual meeting, economists ask if it’s time to update its mandate as the world’s finan

World’s Growth Cools and the Rich-Poor Divide Widens 2021-10-12 17:54:42The International Monetary Fund says the persistence of the coronavirus and global supply chain crisis weighs on economies.

U.S. Workers Quitting Their Jobs Hit a Record 2021-10-12 17:21:55A government report shows how the balance of power in the labor market has swung toward workers.

Inflation Expectations Climb, Dogging Federal Reserve Officials 2021-10-12 15:19:07A survey by the Federal Reserve Bank of New York shows inflation expectations are the highest since 2013, adding pressure for Fed officials.

Home Page

Govt asks telcos to convey about opting for New! 2021-10-18 11:07:50It has also given 90 days' time to the operators to indicate if they want to opt for converting the interest amount pertaining to the moratorium peri

Apple Unleashed event LIVE: Here is how to New! 2021-10-18 10:53:58At the Unleashed event, Apple is expected to announce its new ARM architecture-based chip. Touted to be named the Apple M1X, the new chip would debut

WHO expecting more info from Bharat Biotech for New! 2021-10-18 10:46:03Covaxin is one of the three approved vaccines that have been used in India for the country's vaccination drive for adults.

Former US secretary of state Colin Powell dies New! 2021-10-18 10:28:29In an announcement on social media, the family said Powell had been fully vaccinated.

RBI imposes Rs 1 cr penalty on State New! 2021-10-18 10:12:23'This action is based on the deficiencies in regulatory compliance,' says RBI

NCLT allows Reliance Retail's shareholders to hold meetings New! 2021-10-18 09:42:31NCLT said the objections raised by the American e-commerce giant Amazon are premature and can be dealt with at a later stage

Markets on longest winning streak in 10 months, New! 2021-10-18 09:20:59Shrug off worries about rising yields, oil prices; surge aided by gains in index heavyweight Infosys, which rose 4.5% and added 255 points to Sensex;

Covid LIVE: Maharashtra govt extends restaurant, shop timings New! 2021-10-18 09:00:15Live news: Samyukta Kisan Morcha wants the sacking of junior home minister, whose son is under arrest for the violence in Lakhmipur Kheri.

CDSL glitch hits sell orders, brokers allow clients New! 2021-10-18 08:53:10Market players said issue was with CDSL's portal used for authorising debit of securities from demat accounts. The system was set up last year to pre

Sensex gains 460pts; Nifty atop 18,450; D-Mart tanks New! 2021-10-18 08:33:46Stock market LIVE: The markets marched higher for the seventh straight day on the back of upbeat sentiment and hopes of strong Q2 by India Inc. Metals

Q&A: Retail investors now a significant force, says New! 2021-10-18 08:26:17In this exclusive interview, Nirmal Jain, founder & chairman, IIFL group, talks about retail frenzy in the stock market and how the retail broking

India to push for lower price at CERAWeek 2021-10-18 08:03:03India will be anchoring the international meeting, which will be attended by representatives from the world's largest oil producer, Saudi Arabia and


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