JPMorgan Chase CEO Jamie Dimon is worried about "stagflation," a period of slow economic growth, high unemployment, and high inflation. Here's why.
The bank CEO says the company looks for candidates who are “smart, ethical, decent people.”
(Reuters) -JPMorgan Chase CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment and healthy consumer finances. The U.S. economic boom is "unbelievable," Dimon said at an Economic Club of New York event on Tuesday. Dimon, who has run the largest U.S. lender for more than 18 years, has cautioned that inflation could be more persistent than expected, keeping interest rates higher for longer.
As the costs and controversies surrounding college education continue to rise, as well as the potential threat AI presents to white-collar jobs, many young people have started looking into trade schools and blue-collar jobs that are not easily replaceable by tech, according to a recent report by Fox News Digital.Lincoln Tech CEO Scott Shaw told Fox Business' Stuart Varney on Tuesday that "[t]hese [blue-collar] jobs are here to stay," adding that "[s]ince COVID, people are kind of catching the...
Satisfaction with the AI overviews is increasing and Google will continue to evolve the experience this year, according to Sundar Pichai.
The grim prediction comes from K Krithivasan, head of Indian IT giant Tata Consultancy Services (TCS). The second-largest company in India by market cap, it has more than 616,000 employees worldwide.Read Entire Article
Microsoft will invest $1.7 billion in Indonesia to empower the Southeast Asian country with cloud and artificial intelligence, including by building data centres, visiting chief executive Satya Nadella said in a seminar on Tuesday.
JPMorgan CEO Jamie Dimon says stagflation could be one of a number of possible outcomes for the U.S. economy as the Federal Reserve attempts to tame stubbornly high consumer prices. In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained “cautious” about the U.S. economy and […]
Krithivasan also said that TCS is working on projects of generative AI and it has doubled quarter over quarter to be worth $900 million at the end of fourth quarter as reported by Financial Times. He said that the order flow to'increase significantly' for the next few quarters
NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation. In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained “cautious” about the []
How the US handles its shaky relationship with China will affect the future of the world, says JPMorgan chairman and CEO Jamie Dimon."It's the thread from Ukraine, oil and gas, food, migration, all our relationships, the most important one being China," Dimon told Bloomberg's Emily Chang in an interview that aired Wednesday. "That is the most important for the future of the world.""And obviously Ukraine is affecting it. In fact, it's very hard to see really positive outcomes with China until the...
Much of Taiwan's dominance can be attributed to Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker.