Business

Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, attends an interview with Reuters in New York City, New York, U.S., May 22, 2023. Mike Segar | ReutersMinneapolis Federal Reserve President Neel Kashkari thinks…

The UK economy will shrink this year and in 2024, according to a report by a leading US thinktank that said stubborn inflation and a shortage of workers would damage the prospects for growth more than most analysts expect.The…

The U.S. Federal Trade Commission (FTC) filed a long-awaited antitrust lawsuit against Amazon.com on Tuesday, charging the online retailer with harming consumers through higher prices in the latest U.S. government legal action aimed at…

Representational image. AP…

On Tuesday, the Federal Trade Commission and state attorneys general from 17 states brought a far-reaching antitrust lawsuit against Amazon. The case argues that the e-tail giant engages in unfair monopolistic practices…

A customer uses an ATM at a Wells Fargo Bank in San Bruno, California, on April 14, 2023.Justin Sullivan | Getty ImagesCheck out the companies making headlines in midday trading.Cintas — Shares fell 4.8% after the company reported its 2024…

Prada, Dior and Loro Piana won eyeballs on Chinese social media for the months of July and August, according to the latest report from Bernstein. According to Bernstein’s “momentum score,” Loro Piana, Prada, Dior, Chanel and Miu Miu…

Signage outside a Chase bank branch in San Francisco, California, on Monday, July 12, 2021.David Paul Morris | Bloomberg | Getty ImagesChase UK, the British challenger bank brand of JPMorgan, has blocked customers in the U.K. from…

Speculation continues about the future of the HS2 high-speed rail scheme, with the prime minister said to be concerned by salaries and spending at the company responsible for developing and promoting it, as he considers axing the northern…

JPMorgan Chase reached settlements with the U.S. Virgin Islands (USVI) and former executive Jes Staley to resolve lawsuits over sex trafficking by the disgraced financier Jeffrey Epstein, largely resolving a scandal that has weighed on the…