Shares in NatWest Group NatWest Group rose on Friday as results for the first few months of 2024 beat City forecasts. However, operating pre-tax profit slumped by more than a quarter year on year as the benefit of previous Bank of England interest rate hikes eroded. At 299.4p per share,…

The US economy may be the envy of the world, but many Americans are deeply discontent. One reason is they’ve largely missed out on the boom times, Jamie Dimon says.”The bottom 20% of America have not done particularly well over the last 20 years,” the JPMorgan CEO told The Wall…

By Marie MannesSTOCKHOLM (Reuters) – Electrolux’s operating loss nearly tripled in the first quarter on weak demand and poor performance in North America, but the loss was smaller than expected as raw material costs eased, sending shares up 6%. The world’s second-biggest appliances maker reported on Friday an operating loss…

POLITICS

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The Department of Justice doubled down on its decision to not release the audio files of President Joe Biden’s interview with special counsel Robert Hur to House Republicans, stating that Republicans have not established a legitimate legislative purpose for demanding these recordings, in a new letter obtained by CNN. The letter from DOJ Assistant Attorney General Carlos Uriarte to House Oversight Chair James Comer and House Judiciary Chair Jim Jordan sets up a showdown with Republicans who have continued to threaten holding Attorney General Merrick Garland in contempt of Congress for not releasing the audio recordings of the interviews Hur…

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When Minouche Shafik was announced as Columbia University’s president last year, she was called the “perfect candidate” by the chair of Columbia’s Board of Trustees. Now, some of her own students and professors, as well as the speaker of the House of Representatives, are calling on her to resign. Just…