Local bank branches see artificial intelligence as a way to more effectively compete against Wall Street giants for customers.
Jamie Dimon sees America at a ‘Pivotal Moment’ Jamie Dimon’s annual letter to JPMorgan Chase shareholders has just been published. The widely read note offers a glimpse of his views on not just business, but the economy at a “pivotal moment for America and the free world,” with deep divisions at home and global uncertainty. Here are some highlights. The economy is resilient but the government underpinning it is a red flag. Consumers are spending and investors expect a soft landing. But Dimon...
Leading technology, finance, and media executives gathered at the White House Wednesday for a state dinner honoring Japanese Prime Minister Fumio Kishida, as US President Joe Biden looked to bolster security and economic ties between the two allies with the star-studded celebration.
Jamie Dimon, the boss of JPMorgan Chase, said rates could climb due to
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill
Taken together, Dimon said the three issues pose substantial unknowns.
A chilly scenario for the U.S. economy, in which interest rates climb as
Economist and gold bug Peter Schiff has warned that high inflation will return with a vengeance and significant Fed rate hikes will be necessary. He also criticized JPMorgan CEO Jamie Dimon for downplaying the severity of the U.S. economic situation. However, he conceded that Dimon’s perspective is “a lot closer to being right than most […]
Biden also brought labor allies to the party, including David McCall, president of the United Steelworkers, and Shawn Fain of the United Auto Workers Union.
'Retaliation Risk' - What Wall Street Thinks Ahead Of Market Open The first actual 'market' response we have seen to Iran's attack on Israel is in crypto, which saw - rather intriguingly - a huge puke as the drones/missiles flew, and then some comeback as the impact of the attack seemed marginal at worst (and for now retaliation remains muted) Source: Bloomberg But, this afternoon is when things will really heat up as FX and futures markets open, with much riding on whether...
What to make of Jamie Dimon's annual letter and its references to climate,
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. The number of publicly traded companies in the United States is shrinking. Jamie Dimon, one of the world’s most influential business leaders, is worried. At their peak in 1996, there were 7,300 publicly traded companies in the US. Today there are about 4,300. It’s not that America has 40%...