JPMorgan expands $1.5 trillion economic security splurge into Europe

JPMorgan expands .5 trillion economic security splurge into Europe


Key Points
  • JPMorgan Chase expands its $1.5 trillion economic security initiative into continental Europe.
  • The 10-year program, launched in the U.S. and Britain last year, will focus on areas including defense, energy and tech.
  • CEO Jamie Dimon said the U.S. and Europe had been too reliant on “unpredictable sources” for goods that are critical to collective security.



Source

Here’s what to expect from Fed chair nominee Kevin Warsh’s Senate hearing Tuesday
Finance

Here’s what to expect from Fed chair nominee Kevin Warsh’s Senate hearing Tuesday

Key Points Fed chair nominee Kevin Warsh travels to Capitol Hill on Tuesday to convince lawmakers he can carry out a presidential push for lower interest rates while remaining free of political constraints. Political independence has been a key question surrounding the search for a successor to current Chair Jerome Powell. In remarks he’s scheduled […]

Read More
Stocks making the biggest moves after hours: Amazon, Apple, Steel Dynamics and more
Finance

Stocks making the biggest moves after hours: Amazon, Apple, Steel Dynamics and more

Check out the companies making headlines after the bell : Zions — Shares slipped almost 3% after the regional bank reported net interest income in its first quarter of $662 million, coming in below the $674.5 million analysts polled by StreetAccount had anticipated. However, Zions’ earnings of $1.56 per share beat the consensus forecast of […]

Read More
Stocks making the biggest moves midday: Stanley Black & Decker, American Airlines, Dow, Marvell Technology & more
Finance

Stocks making the biggest moves midday: Stanley Black & Decker, American Airlines, Dow, Marvell Technology & more

Check out the companies making the biggest moves in midday trading: Stanley Black & Decker — The power toolmaker jumped more than 4% after it said recent changes to Section 232 tariffs aren’t supposed to have a material impact on its full-year forecast . Section 232 tariffs set a general 50% rate on aluminum, steel […]

Read More