A U.S. recession is coming this yr, HSBC warns — with Europe to observe in 2024

Critical Factors

In its mid-yr outlook, the British banking giant’s asset manager said economic downturn warnings are “flashing crimson” for several economies, when fiscal and monetary policies are “out of sync” with stock and bond markets.
Along with China, HSBC believes India is the “principal macro advancement story in 2023” as the overall economy has recovered strongly from the pandemic on the again of resurgent buyer shelling out and products and services.

Supply

Finance

JPMorgan reaches deal to become Apple credit card issuer, source says

January 7, 2026

In this article JPM GS Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, DC, US, on Thursday, Oct. 16, 2025. Samuel Corum | Bloomberg | Getty Images JPMorgan Chase has reached a deal to become the new Apple […]

Finance

JPMorgan’s asset management will no longer use controversial proxy advisors for shareholder votes

January 7, 2026

Key Points JPMorgan said its asset management unit is fully eliminating the use of proxy advisors. The firm will instead use artificial intelligence to aggregate and analyze proxy data. Source

Ryan Cohen could be in for a big payday, but he has to grow meme darling GameStop to 0 billion

Finance

Ryan Cohen could be in for a big payday, but he has to grow meme darling GameStop to $100 billion

January 7, 2026

GameStop Chairman Ryan Cohen. CNBC GameStop has laid out a a massive, all-or-nothing equity incentive for Chairman and CEO Ryan Cohen that will only pay out if the video game retailer’s stock and profits soar to levels far beyond anything it has achieved to date. The board of GameStop granted Cohen performance-based stock options tied […]