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Tag: Warren

Jamie Dimon says Sen. Elizabeth Warren ‘vilifies successful people’

Jamie Dimon says Sen. Elizabeth Warren ‘vilifies successful people’

Finance
Jamie Dimon is wading into the ongoing feud between Sen. Elizabeth Warren and American billionaires including money manager Leon Cooperman.Dimon, himself a billionaire thanks to his decades running some of the biggest U.S. lenders, was asked by CNBC's Wilfred Frost if presidential hopeful Warren was anti-business."You really have to ask her what she really means," Dimon said in the interview, parts of which were scheduled to air on CNBC's "Closing Bell.""She uses some pretty harsh words, you know, some would say vilifies successful people," Dimon said. "I don't like vilifying anybody. I think we should applaud successful people."Warren has been chiding billionaires critical of her proposal to raise taxes on the ultra rich to help defray the costs of her ambitious plans to reduce inequality...
US election 2020: Elizabeth Warren sets out health funding plan

US election 2020: Elizabeth Warren sets out health funding plan

World
US presidential hopeful Elizabeth Warren has offered details on funding for her healthcare plan, which is expected to cost the federal government $ 20.5tn (£15.8tn) over 10 years.She said the "Medicare for All" plan would not raise taxes "one penny" for ordinary Americans, but be largely paid for by businesses and the wealthy.Ms Warren is a Democratic front-runner in the 2020 race to the White House.She has faced criticism over lack of detail about her plan. Who will take on Trump in 2020? Can Sanders overhaul healthcare? So, what does her plan say?Ms Warren says her plan would not spend "any more money overall than we spend now", but the share spent by the federal government would increase to $ 20.5tn.It would mandate that employers pay the government th
An Elizabeth Warren presidency may not be as bad for stocks as some investors fear, strategist says

An Elizabeth Warren presidency may not be as bad for stocks as some investors fear, strategist says

Finance
An Elizabeth Warren presidency would likely be tough on some sectors, but it might not hit stock markets as hard as feared, a Jefferies strategist suggested on Wednesday.Warren, a Democratic presidential 2020 frontrunner, has bashed the rich — proposing a wealth tax — and lambasted the financial industry among other sectors. As the Massachussetts senator climbs in Democratic presidential polls, a growing pool of investors warn that her win would result in major losses for the U.S. stock market."In our industry ... there's a general perception that it would be a significant equity market correction, if she were to win," said David Zervos, chief market strategist at Jefferies. "She would change returns on capital expectations, earning expectations, regulations would go up, taxes would go up,
England v Wales: Warren Gatland’s side hunt famous win

England v Wales: Warren Gatland’s side hunt famous win

Sports
World Cup warm-up: England v WalesVenue: Twickenham Date: Sunday, 11 August Kick-off: 14:00 BSTCoverage: Live on BBC Radio Wales, BBC Radio Cymru, BBC 5 Live Extra & BBC Sport website and BBC Sport app, plus live text commentaryWales travel to Twickenham as favourites to beat an injury-hit England in their World Cup warm-up and move to the top of the world rankings.Coach Warren Gatland has picked a strong team featuring 13 starters from Wales' Grand Slam-clinching victory over Ireland in March.England's experimental starting XV, rejigged after a trio of late injuries, have 390 caps compared to Wales' 676. Wales have won their last 14 Tests, a run that goes back to February 2018.Slade, Und...