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Wednesday, May 26, 2021

White House sticks by Biden's $4T spending plans despite Dimon warning on inflation


White House sticks by Biden's $4T spending plans despite Dimon warning on inflation



The White House on Wednesday defended President Biden's sweeping $4 trillion spending plans, despite a warning from JPMorgan Chase CEO Jamie Dimon that the unprecedented levels of government stimulus could lead to runaway economic growth.

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Train drivers accept pay deal to end strike action

Aslef said 96.6% of its members who voted backed the deal, marking the end of long-running strikes. from BBC News https://ift.tt/LxCn1G9