Summary Bank CEOs are acknowledging the growing wealth gap in the US, with Jamie Dimon of JPMorgan Chase stating that the country has "left the lower-income folks behind." Despite record earnings, CEO...
Source: Fortune Summary House Republicans unveiled a $95 billion legislative plan to boost defense spending, aid farmers, and enact stricter voter registration rules. The plan, a sequel to last year's...
Source: Fortune Summary YouTube has appealed a landmark social media addiction lawsuit in Los Angeles, seeking to challenge the jury's determination that the company designed its platform to hook youn...
Source: Fortune Summary Economist Steve Hanke believes that the market is getting "mugged by reality" as it misprices earnings in the AI sector. He argues that there are two bubbles in the market: a c...
Source: Fortune Summary IBM's stock price plummeted 25% after CEO Arvind Krishna admitted the company failed to adapt quickly enough to changing market conditions, leading to a surprise earnings miss....
Source: Fortune Summary Klook, a travel platform founded by Ethan Lin, Eric Gnock Fah, and Bernie Xiong, is expanding beyond Asia, targeting young travelers who prioritize unique experiences. The comp...
Source: Fortune Summary The U.S. Mint is producing a $1 coin featuring President Donald Trump's face to commemorate America's 250th birthday. The coin's design was approved by the U.S. Commission of F...
Source: Fortune Summary Dr. Erica Schwartz, nominated to lead the Centers for Disease Control and Prevention (CDC), was questioned by senators on her ability to protect the agency from political meddl...
Source: Fortune Summary New homes are selling for less than existing ones for the first time since 1974, with the median price of a new single-family home at $403,200, $1,400 below the median existing...
