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The U.S. avoided a recession in 2023. What’s the outlook for 2024?

by Adrian Jhonsan
The U.S. avoided a recession in 2023. What’s the outlook for 2024?

Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois.  Scott Olson | Getty Images Heading into 2023, the predictions were nearly unanimous: a …

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Categories World

Pig butchering scam results in four indictments, two arrests: DOJ

by Ev Richard
Pig butchering scam results in four indictments, two arrests: DOJ

Las Vegas Review-journal | Tribune News Service | Getty Images Federal prosecutors have disrupted a so-called pig-butchering scheme that cost victims more than $80 million, the U.S. Department of Justice …

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Categories Technology

Jim Cramer dismisses recession fears, names sectors poised to rally

by Adrian Jhonsan
Jim Cramer dismisses recession fears, names sectors poised to rally

CNBC’s Jim Cramer said the Federal Reserve’s decision to hold rates steady is a win for the bulls and is a sign the tightening cycle is coming to an end. …

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Categories World

Wells Fargo mortgage lenders probed over racial discrimination

by Adrian Jhonsan
Wells Fargo mortgage lenders probed over racial discrimination

People pass by a Wells Fargo bank on May 17, 2023 in New York City. Spencer Platt | Getty Images Wells Fargo was snared in an industrywide probe into mortgage …

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Categories World

CFPB fines Bank of America $12 million for mortgage violations

by James Odonell
CFPB fines Bank of America  million for mortgage violations

A man walks past an ATM outside Bank of America Corp. headquarters in Charlotte, North Carolina, May 2, 2016. Chris Keane | Bloomberg | Getty Images WASHINGTON — The Consumer …

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Categories Politics

As the market enters correction territory, don’t blame the US consumer

by Adrian Jhonsan
As the market enters correction territory, don’t blame the US consumer

An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November 12, 2020. …

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Categories World

5 things to know before the stock market opens Monday

by James Odonell
5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day: 1. Markets look for footing U.S. stock futures ticked higher Monday morning, as markets come …

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Categories Politics

Keep an eye on banks as earnings season kicks off

by Adrian Jhonsan
Keep an eye on banks as earnings season kicks off

CNBC’s Jim Cramer on Friday told investors what to look out for in the coming week as earnings season kicks off. He said news about the Israel-Hamas war is likely …

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Categories World

JPMorgan Chase (JPM) earnings 3Q 2023

by Adrian Jhonsan
JPMorgan Chase (JPM) earnings 3Q 2023

Jamie Dimon, chairman and CEO of JPMorgan Chase, at the U.S. Capitol for a lunch meeting with the New Democrat Coalition in Washington, D.C., June 6, 2023. Nathan Howard | …

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Categories World

Businesses will return $140 million in overdraft fees CFPB report

by James Odonell
Businesses will return 0 million in overdraft fees CFPB report

The Consumer Financial Protection Bureau headquarters in Washington. Samuel Corum/Bloomberg via Getty Images WASHINGTON — The nation’s federal consumer protection watchdog announced Wednesday that companies will refund $140 million to …

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Categories Politics
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