Enjoy JPMorgan Chase CEO Jamie Dimon and 6 other financial institution leaders get grilled by Congress

Critical Points

The CEOs of the greatest U.S. retail banking companies, like JPMorgan Chase’s Jamie Dimon and Wells Fargo’s Charlie Scharf, are set to testify just before the Democrat-led Residence Money Expert services Committee.
The hearing is referred to as “Keeping Megabanks Accountable: Oversight of America’s Biggest Consumer Facing Financial institutions” will start 10 a.m. E.T.

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Finance

Traders believe inflation could near 5% this year

May 12, 2026

Key Points Traders on Kalshi think inflation will likely rise above 4.5% in 2026. A smaller number believe price increases will breach 5%. Those levels are higher than economists’ forecasts, which see inflation peaking at an average of 3.8% in the second quarter. Source

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Greenlight’s David Einhorn pitches five turnaround stocks at Sohn, from AI to infrastructure

May 12, 2026

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Finance

Stocks making the biggest moves midday: Wendy’s, Vestis, Cleanspark, Under Armour & more

May 12, 2026

Check out the companies making the biggest moves midday: Vestis – The uniform and apparel maker surged more than 30% after its fiscal second-quarter results beat expectations. Vestis also raised its fiscal 2026 EBITDA outlook. Zebra Technologies – The automation stock popped 17% on better-than-expected Q1 results. Zebra earned $4.75 per share, excluding certain items, […]