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Day: August 26, 2024

JPMorgan Chase is sued over low rates on cash sweeps
Business

JPMorgan Chase is sued over low rates on cash sweeps

NEW YORK (Reuters) – JPMorgan Chase has been accused in a new lawsuit of sweeping customers’ idle cash into accounts…

August 26, 2024
Meta Platforms strikes geothermal energy deal with Sage Geosystems to power US data centers
Business

Meta Platforms strikes geothermal energy deal with Sage Geosystems to power US data centers

-Facebook owner Meta Platforms struck a deal to buy up to 150 MW of geothermal power from Sage Geosystems to…

August 26, 2024
Fed most likely to cut rates by quarter percentage point next month, Daly says

Fed most likely to cut rates by quarter percentage point next month, Daly says

By Ann Saphir (Reuters) – San Francisco Federal Reserve President Mary Daly on Monday said “the time is upon us”…

August 26, 2024
General

Kroger-Albertsons merger hurts shoppers, FTC says at trial

By Jody Godoy, Deborah Bloom PORTLAND, Oregon (Reuters) -The U.S. Federal Trade Commission kicked off a trial on Monday in…

August 26, 2024

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