JPMorgan’s Jamie Dimon says Fed may have to hike more because central bank started ‘a day late and a dollar short’ and now is just ‘catching up’

“Odds are higher that they will have to go higher than they are today,” Dimon said. “I’m talking about four months from now, six months from...

American Express’s CEO called Warren Buffett to warn him about pandemic losses—but he didn’t even flinch, and offered him advice instead

Stock Market Sinks After Fed Announcement; Apple Down After Analyst Comments

Swiss National Bank holds rates unchanged, ending hike streak

The Swiss National Bank kept interest rates unchanged at its quarterly monetary policy meeting on Thursday.

Sweden’s central bank raises rates to 4%, in line with expectations

Sweden’s central bank hiked interest rates for the eighth consecutive time Thursday, as the country continues to battle high inflation.

One of Ukraine’s strongest allies says it will no longer supply Kyiv with weapons

A recent dispute over Ukraine’s agricultural exports has threatened to break the alliance with its neighbors.

CD Rates Hit New Records in Three Terms—But Hold or Dip in Others

Hollywood studios, writers near agreement to end strike, hope to finalize deal Thursday, sources say

While optimistic, the people noted, however, that if a deal is not reached the strike could last through the end of the year.

‘After careful consideration,’ Amazon’s scraps an extra 2% fee for some merchants as regulators plot an antitrust lawsuit

The abrupt reversal suggests the company is being more cautious about how much money it tries to extract from online sellers amid an escalating antitrust investigation....

A day after a blockbuster debut, Instacart’s shares go in reverse and briefly sink below their IPO price

The stock fell nearly 11%— all but erasing yesterday’s increase and settling at just 10 cents above the $30 level of the company’s IPO share price....

Budweiser will no longer shorten the tails of its iconic Clydesdales after PETA complained that it amounted to ‘cruelty’

Large draft horses like Clydesdales frequently have the boney part of their tails amputated to a length of about 6 inches. Read More

Want a simple way to earn cash back every day? The Citi Double Cash Card is tough to beat.

The Citi Double Cash Card is tough to beat, with no annual fee and 2% cash back on every purchase. Read More

Tired of rotating bonus categories? This cash-back credit card skips the hassle.

Get 5% cash-back rewards in your top spending category without lifting a finger with the Citi Custom Cash card. Read More

A 96-year-old judge put on the bench by Ronald Reagan was just found to be no longer mentally fit to serve by her colleagues

The Federal Circuit’s Judicial Council said the suspension was necessary because the longest-serving judge on the court won’t cooperate with an investigation. Read More

U.S. will again offer free at-home Covid tests starting Monday

Americans will soon be able to use COVIDtests.gov to request four free tests, the Biden administration said in a release.