Walt Frazier sees ‘a lot of similarities’ in Knicks to title teams
Walt “Clyde” Frazier knows what it’s like. He played on a championship Knicks team. He’s been chasing something close to that. The legendary Knicks player and announcer believes the current team, strengthened by the addition of Mikal Bridges, has the ability to make a breakthrough soon after reaching consecutive Eastern Conference semifinals. Walt Frazier will […]
Jamie Dimon’s JPMorgan deputy sees power base eroded by boss
JPMorgan Chase CEO Jamie Dimon has reportedly promoted executives at the bank who are seen as loyal to him, at the expense of his No. 2 executive, who is losing influence at the bank. There has been growing speculation among JPMorgan insiders that the bank’s president, Daniel Pinto, may step down after being pushed out […]
Walzing Matilda? Australia sees something familiar in Tim Walz | Tim Walz
hairAmara Harris’ new running mate, Minnesota Gov. Tim Walz, has had a whirlwind week, receiving recognition from a teacher, a military veteran, a football coach and now, a whole host of other people. The American politician who is most like an Australian prime minister. When US Vice President Kamala Harris picked Waltz as her running […]
Wall Street sees best day of trading in nearly two years amid recovery rally | Business
Wall Street posted its strongest trading day in nearly two years, recovering most of the losses it suffered during a sell-off that began earlier this week on concerns about the U.S. economy. The S&P 500 rose 2.3% to 5,319.32, its biggest one-day gain since November 2022. The Dow Jones Industrial Average rose 1.8% to 39,446.49. […]
Goldman boosts recession odds but sees ‘limited’ risk of downturn
Goldman Sachs on Monday raised the chance of a recession over the next 12 months after a daily sell-off in stock markets, but the investment bank sees the risk of a severe downturn as “limited.” The bank raised its one-year recession probability by 10 percentage points to 25 percent, while noting that it expects the […]
Japanese stock market sees biggest drop since 1987 Black Monday
TOKYO, Aug 5 — Japanese shares suffered their biggest one-day crash on Monday since the 1987 Black Monday sell-off, fuelled by last week’s sharp sell-off in global stock markets, economic uncertainty and worries that investments financed by a weak yen were unwinding. The Nikkei stock average (.N225) plunged as much as 12.4 percent after a […]
Effort to patch VA budget shortfall sees conservative resistance
Senate conservatives have shown early resistance to fast-tracking legislation to address a roughly $3 billion budget shortfall at the Department of Veterans Affairs (VA), with officials warning that benefits for millions of veterans are at risk in the coming weeks. Amid growing concerns about budget shortfalls, some senators had hoped they could pass a bipartisan […]
Harris sees jump in favorability since Biden's exit: Poll
A new poll conducted about a week after President Biden dropped out of the 2024 presidential race and Harris emerged as his potential successor shows that Vice President Harris’s favorability among Americans is rising. In ABC News/Ipsos PollThe poll released Sunday found that 43% of Americans say they have a favorable view of Harris, up […]
Harris’ favorability sees dramatic spike after Biden drops out: Poll
A new poll shows that American voters’ favorability ratings for Vice President Kamala Harris have risen dramatically since President Biden dropped out of the race. According to an ABC News/Ipsos poll conducted Friday and Saturday, Vice President Harris’ overall favorability rating has increased from 35% to 43% since a week ago, while her unpopularity rating […]
Harris’ favorability sees dramatic spike after Biden drops out: Poll
A new poll shows that American voters’ favorability ratings for Vice President Kamala Harris have risen dramatically since President Biden dropped out of the race. According to an ABC News/Ipsos poll conducted Friday and Saturday, Vice President Harris’ overall favorability rating has increased from 35% to 43% since a week ago, while her unpopularity rating […]