The JPMorgan Chase chief has long been skeptical of the nontraditional, and less regulated, lending business. Now he thinks its best days may be over. […]
Category: Business
Business News
America’s Whey Protein Obsession Is Transforming the Dairy Industry
Whey, the liquid byproduct of cheese making, was once considered waste. Now it is a key ingredient in the protein powders that Ozempic users and […]
Looking for a Summer Ski Fix? Head to South America.
In Chile and Argentina, dramatic slopes, lots of snow and an unusual après ski scene await. Source link
Despite Dire Warnings, the Economy Is Holding Up. Can That Last?
Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t sure how […]
China Is Spending Billions to Become an A.I. Superpower
Beijing is taking an industrial policy approach to help its A.I. companies close the gap with those in the United States. Source link
Mamdani Says He Will ‘Discourage’ the Term ‘Globalize the Intifada’
Zohran Mamdani, the Democratic nominee in the race for mayor of New York City, moved to distance himself from comments that sparked outrage during the […]
Federal Prosecutors Close Inquiry Into Polymarket Betting Website
The site became prominent last year when people bet on the outcome of the 2024 presidential election. Source link
France Proposes Cutting Two Public Holidays to Avert Budget Crisis
Drastic measures are necessary “before we are crushed by the debt,” the country’s prime minister warned. Source link
Jamie Dimon Backs Jerome Powell Over Trump in Fed Fight
The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over the Federal Reserve chair. […]
Even Grave Errors at Rehab Hospitals Go Unpenalized and Undisclosed
For-profit hospitals provide most inpatient physical therapy but tend to have worse readmission rates to general hospitals. Medicare doesn’t tell consumers about troubling inspections. Source […]