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Business and Economy Latest News
At IMF-World Bank talks, small steps in climate finance
The IMF and World Bank have been holding their first annual meetings in Africa in 50 years under pressure to reform a system too outdated to properly help poor nations battered by the effects of climate change.
US Fed on track for a 'soft landing': senior offical
The US Federal Reserve is on track to achieve the rare feat of lowering inflation without causing a damaging recession, a senior central bank official said Friday. On Friday, another member of the Fed's rate-setting committee said the central bank is on track to do so.
JPMorgan Chase profits jump, warns on inflation and wars
JPMorgan Chase reported another highly profitable quarter Friday, but warned inflation could persist and said wars in Ukraine and the Middle East mean this "may be the most dangerous time the world has seen in decades." This may be the most dangerous time the world has seen in decades," Dimon said.
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