JPMorgan Chase & Co reported a surge in first-quarter earnings on Wednesday, as the largest U.S. bank released more reserves and was aided by a blowout quarter from its trading desks and soaring investment banking fees.

Business

US & Canada

JP Morgan

Money

Finance

Economy

Politics

North America

Coronavirus

Pandemic

New York, NY

New York

Yahoo News

Reuters

Washington Times

abc News

CNBC

JPMorgan Profit Soars After Bank Releases Reserves for Bad Loans

Texas Representative Kevin Brady, the top Republican on the House Ways and Means Committee and the chief driver of the 2017 tax cut law, said he would retire from Congress at the end of this term.

Taxes

Republican Party

Texas, United States

Texas

The Hill

Washington Examiner

Texas GOP Lawmaker Kevin Brady, Leader of 2017 Tax Cuts, to Retire

President Biden on Wednesday will say that he is refusing to pass the responsibility of America’s longest war to a fifth president as he lays out his plans to withdraw troops from Afghanistan.

Troops

Military

Asia

Joe Biden

Kabul

Washington DC

BBC News

CTV News

USA Today

Independent.ie

Biden to say he won't pass 'responsibility' of Afghanistan war to fifth president

The biggest US virtual currency exchange will be listed, following record Bitcoin highs. The listing marks a turning point for cryptocurrency, once considered an obscure investment prospect.

Cryptocurrency Exchange

Stock markets

Tech

Cryptocurrency

Bitcoin

Global News

Coinbase to be listed on Nasdaq in cryptocurrency milestone

U.S. stock index futures rose on Wednesday ahead of quarterly earnings reports from JPMorgan and Goldman Sachs, with investors expecting a strong rebound for corporate America against the backdrop of a swift vaccine-led global economic recovery.

Financial Post

Wall Street Journal

adss.com

S&P, Nasdaq futures rise as JPMorgan, Goldman set to kick off earnings season

Seventeen House Democrats from New York State on Tuesday threatened to withhold their votes for President Biden’s tax proposals if the final plan doesn’t repeal a $10,000 cap on a prized state and local tax deduction.



Democratic Party

Biden Administration

Washington

Bloomberg Quint

Bloomberg

17 House Democrats threaten to tank Biden's tax plan over SALT deduction

CAIRO (AP) — Egyptian authorities impounded a massive cargo vessel that blocked the Suez Canal last month amid a financial dispute with its owner, the canal chief and a judicial official said...

Middle East

Trade

Africa

Cairo, Egypt

Cairo

Times of India

CBC News

The Guardian

Suez Canal chief: Vessel impounded amid financial dispute

U.S. climate envoy John Kerry is heading to China for talks between the world’s two biggest carbon emitters ahead of President Joe Biden’s climate summit of world leaders.

Climate Change

International

Americas

John Kerry

Beijing

Kerry heads to China for climate talk between top 2 emitters

New Mexico Gov. Michelle Lujan Grisham signed civil rights reforms Wednesday that eliminate police immunity from prosecution in state courts, in response to protests and concerns about police brutality that have swept the nation.

Wall Street Journal

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