J.P. Morgan Chase chief Jamie Dimon on Wednesday rejected in the strongest terms the idea that the country’s largest banks should stop funding new oil and gas production and exploration.
U.S. home sales plummeted year-over-year last month, declining as well on a monthly basis in an ongoing indication of the cooling housing market amid rising interest rates.
Sen. Ron Johnson (R-Wis.) illustrated in a statement on Sept. 20 how soaring inflation has eroded Americans’ purchasing power, pointing out in stark terms that $1 at the start of the Biden administration is now effectively worth just 88.3 cents.