JPMorgan Chase CEO Jamie Dimon is worried about "stagflation," a period of slow economic growth, high unemployment, and high inflation. Here's why.
Sustained high levels of energy and commodity prices could drive global inflation upwards, the World Bank has warned today.
JPMorgan Chase & Co. upgraded shares of Roblox (NYSE:RBLX – Free Report) from a neutral rating to an overweight rating in a report released on Tuesday, Marketbeat.com reports. They currently have $48.00 price target on the stock, up from their prior price target of $41.00. RBLX has been the topic of a number of other […]
The Atlanta Wealth Building Initiative and the Center for Community Progress were awarded the grant to promote equity in Black businesses and neighborhoods.
(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.
Two people were arrested Monday morning after a high-speed chase on I-75.
Motorists in Westchester are being warned to avoid certain roadways and highways during President Joe Biden's visit to the county. Biden will arrive in the county on Thursday afternoon, April 25, when he is scheduled to appear at a fundraising event in the village of Irvington-on-Hudson hosted by actors Michael Douglas and Catherine Zeta-Jones, and fashion designer Eileen Fisher. The president's visit is expected to last between 4:40 p.m., when he arrives at Westchester County Airport after...
U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run potential for the first time in nearly two years, but the signs of slowing were accompanied with fast inflation that, if sustained, would pose a particular dilemma for the central bank.
New research from the U.S. bank pointed to inflation, high interest rates and geopolitical issues as key roadblocks delaying the shift from fossil fuels to renewable energy.
Massachusetts State Police pursued a car through traffic on multiple
A Florida dolphin was discovered with "highly pathogenic" bird flu, according to a study.This dolphin was the first cetacean ever recorded with the highly pathogenic avian influenza virus, also known as HPAIV, in North America. This discovery, which was made by University of Florida researchers, is detailed in a paper in the online journal Communications Biology.The study examined the first U.S. finding of HPAIV in a cetacean, from when it was first detected by marine rescue teams to the...
"What will the Fed and its 500 economists do now? After all, this is an election year."