Finance

Americans unleashing pent-up savings could drive up inflation and rattle parts of the market, JPMorgan's chief strategist says

Summary List Placement Pent-up savings worth around 8% of US GDP are set to be unleashed, Karen Ward said. The JPMorgan strategist said savings and stimulus could meaningfully...
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Poland Minister Says ‘Suicidal' to Vote Down EU Relief Fund: FT

2 hours ago | Bloomberg

Poland's finance minister wants political parties to vote in favor of a European Union pandemic relief package as the country will miss out on a cheap financing option to...
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Alibaba, largest e-commerce company, fined billions by Chinese regulators for ‘abusing its position'

12 hours ago | NY Daily News

The penalty comes amid the Communist Party's concerns over internet companies' expansion into sectors like health services and finance.
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Alibaba fined $2.8 billion on competition charge in China

18 hours ago | Boston Herald

BEIJING - Alibaba Group, the world's biggest e-commerce company, was fined 18.3 billion yuan by Chinese regulators on Saturday for anti-competitive tactics, as the ruling...
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Author of 'Broke Millennial Talks Money' shares tips for talking finances with friends

19 hours ago | WGN TV

CHICAGO - The author of " Broke Millennial Talks Money " shared tips for how to talk about finances with friends. "Broke Millennial Talks Money: Scripts, Stories, and Advice to...
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Saudi Aramco Sells Oil Pipeline Stake for $12.4 Billion

19 hours ago | NY Times

Aramco is under pressure from its main owner, the Saudi government, to generate cash to finance state operations as well as new investments.
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Tax time can be a great time to assess state of your household finances

21 hours ago | Star Tribune

Klarna is one of the biggest names in buy now, pay later. But cofounder Niklas Adalberth questions the consumerism at the heart of the $31 billion fintech

22 hours ago | Business Insider

Summary List Placement The pandemic has fueled online shopping and a boom in "buy now, pay later," which allows shoppers to pay for purchases in installments. Chief among these...
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Panera Bread founder Ron Shaich explains why he led a $500 million acquisition of Taco Bell's loyalty platform Punchh

1 day ago | Business Insider

Summary List Placement Under founder Ron Shaich, Panera Bread deployed in-store kiosks and gave customers options for rapid mobile order pickup long before it became en vogue...
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The SEC says it's looking closely at the wild earnings projections attached to many SPAC offerings

1 day ago | Business Insider

Summary List Placement The US Securities and Exchange Commission issued a warning to blank-check companies presenting projections that only give an optimistic outlook of future...
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Stephen Curry scores 38 points, Warriors beat Rockets

SAN FRANCISCO - Stephen Curry scored 23 of his 38 points in the third quarter and the Golden State Warriors withstood another injury to rookie James Wiseman to beat the Houston... Read more ...

Irving, Schroder thrown out of Lakers-Nets game

NEW YORK - Kyrie Irving and Dennis Schroder were thrown out in the third quarter Saturday night, taking even more star power from a matchup between the Nets and Lakers that was... Read more ...

Week ahead: 3 stories to watch

A helicopter on Mars could take flight, a second anniversary marks the devastating fire at Notre Dame Cathedral and leaders for Japan and the U.S. meet. Read more ...

T-wolves owner: A-Rod, partner in agreement to buy NBA club

MINNEAPOLIS - Former baseball star Alex Rodriguez and e-commerce mogul Marc Lore signed a letter of intent Saturday to buy the Timberwolves and keep the NBA franchise in... Read more ...

Mom arrested after 3 young kids found slain in LA apartment

A mom was arrested Saturday after her three young children - including a 6-month old baby - were found stabbed to death inside their Los Angeles apartment, police and local... Read more ...

Finau gets a call during Masters delay, from Tom Brady

AUGUSTA, Ga. - Cell phones are almost entirely forbidden at Augusta National, so imagine Tony Finau's surprise Saturday when he got told during a weather delay that someone... Read more ...

Laureano's 2-run shot sends A's to 7-3 win over Astros

HOUSTON - Ramón Laureano hit a two-run homer, rookie Seth Brown connected for his first big league home run and the Oakland Athletics beat the Houston Astros 7-3 on Saturday to... Read more ...

Kevin Holland pitches Marvin Vettori vs. Derek Brunson since they 'hump so well'

Kevin Holland suffered his second UFC main event loss in a 21-day span on Saturday, and both defeats came through similar means. Just three weeks after losing a unanimous... Read more ...

Ramsey Clark, attorney general under Johnson, dies at 93

NEW YORK - Ramsey Clark, the attorney general in the Johnson administration who became an outspoken activist for unpopular causes and a harsh critic of U.S. policy, has died... Read more ...

Bank error in your favor? Lawsuit says no for woman accused of refusing to...

A former sheriff's dispatcher has been arrested and accused of refusing to return more than $1.2 million that had been accidentally deposited into her account, authorities said. Read more ...