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Jamie Dimon, CEO and chairman of the biggest U.S. bank by assets, pointed to a potentially unprecedented combination of risks facing the country in his annual shareholder letter. Three forces are likely to shape the world over the next several decades: a U.S. economy rebounding from the Covid pandemic; high...

Manhattan residential real estate sales topped $7 billion in the first quarter, marking the strongest-ever start to a year as the market shows no signs of slowing, according to new sales data. There were 3,585 sales in the first quarter, the highest number ever for a first quarter, according to...

This week, the Biden administration revealed that it will release as much as 180 million barrels of crude oil in a bid to calm oil prices, which have remained above $100 per barrel for an extended period of time. The International...

The Peoples’ Bank of China plans to expand its trial for digital yuan to include more cities, a report Saturday (April 3) from Bloomberg said. This comes because the market response was good toward the use of...

SINGAPORE — Hong Kong’s Hang Seng index led gains among the major Asia-Pacific markets on Monday as Chinese tech stocks in the city jumped. In afternoon trade, the Hang Seng index gained 1.87% as shares of Tencent...

Global exchange giant Binance said Saturday that deposits and withdrawals on Axie Infinity's Ronin Network, which had been suspended since Tuesday following perhaps the largest hack in decentralized history, have partially resumed. On Wednesday, Binance said it had suspended all deposits and withdrawals...

SHANGHAI/BEIJING, April 2 (Reuters) - China on Saturday proposed revising confidentiality rules involving offshore listings, removing a legal hurdle to Sino-U.S. cooperation on audit oversight while putting the onus on Chinese companies to protect state secretes. The draft rules, announced by China's securities watchdog, mark Beijing's latest attempt to resolve...

Southwest Airlines flights were delayed and canceled early Saturday morning. In a statement to Fox Business, the airline cited "intermittent performance issues following routine overnight maintenance of some of backend technology." "We offer heartfelt apologies to our customers for any inconvenience, and gratitude to our employees who are working diligently...

Tesla reported Saturday that it delivered more than 305,000 electric vehicles in the first quarter, a record-breaking figure that was inline with analyst expectations even as production suffered due to supply chain constraints and COVID-related factory shutdowns. “This was an exceptionally difficult quarter due to supply chain interruptions & China...

Two American energy groups are targeting the Biden administration over its dismissal of domestic oil and gas production, one with a five figure ad purchase and another whose president will offer testimony before a Senate committee next week. The American Energy Alliance launched a five figure ad campaign against President...