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Business
Largest US Banker Warns US Economy Could 'Deteriorate' As Global Growth Forecast Dims Largest US Banker Warns US Economy Could 'Deteriorate' As Global Growth Forecast Dims
Largest US Banker Warns US Economy Could 'Deteriorate' As Global Growth Forecast Dims The head of one of the nation’s largest banks says the U.S. economy may be slowing — and that could hit local households and businesses hard in the months ahead. “I think there’s a chance real numbers will deteriorate soon,” JPMorgan Chase CEO Jamie Dimon said during a financial conference this week, per CNBC. He explained that while the country has seen gains in jobs and spending, there are signs that the economy may be cooling.  “Employment will come down a little bit. Inflation will go up a little bit. Hopefully, it’s just a little bit,” Dimon said. He added that lower immigration …

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by Josh Lanier
News
Trump Says US Has Reached Trade Deal With China Trump Says US Has Reached Trade Deal With China
Trump Says US Has Reached Trade Deal With China President Trump has announced that the United States has reached a trade deal with China following two days of intense negotiations in London. "Our deal with China is done, subject to final approval with President Xi and me," Trump posted in all caps on Truth Social Wednesday morning, June 11. "Full magnets, and any necessary rare earths, will be supplied, up front, by China.  "Likewise, we will provide to China what was agreed to, including Chinese students using our colleges and universities (which has always been good with me!) "We are getting a total of 55% tariffs, China is getti…

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by Joe Lombardi
Politics
Harris, Trump Come Out Swinging In Presidential Debate In Philadelphia Harris, Trump Come Out Swinging In Presidential Debate In Philadelphia
Harris, Trump Come Out Swinging In Presidential Debate In Philadelphia Vice President Kamala Harris and former President Donald J. Trump came out swinging at the National Constitution Center in Philadelphia on Tuesday, Sept. 10 in their first and possibly only presidential debate before the Tuesday, Nov. 5 election. Harris made the first move by shaking Trump's hand on stage — in their first face-to-face encounter. Political observers noted how Harris "baited" the former president, prompting him to look increasingly angry. But Trump entered the "spin room" less than an hour after the debate, saying, "I think it was the best debate, personally, that I've ever …

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by Jon Craig