FedEx CEO Raj Subramaniam told CNBC’s Jim Cramer on Thursday that he believes a recession is impending for the global economy.
Biden outlines plans for crypto regulation, citing risk of fraud
US government agencies must double down on digital asset sector enforcement and identify gaps in cryptocurrency regulation, the Biden administration said on Friday, citing their potential for misuse and harm even as it noted their growing role in global finance.
Consumer sentiment rises less than expected in September
U.S. consumer sentiment improved modestly in early September as gas prices continued to decline, but Americans’ confidence in the economy remains near a record low.