Jamie Dimon
Russian flagship missile cruiser ‘seriously damaged’ after blast in Black Sea
Russia will seek peace or leave the international arena forever: Zelenskyy Ukrainian President Volodymyr Zelenskiy speaks during an address where he says that Russian forces could use chemical weapons in Ukraine, in Kyiv, Ukraine, April 11, 2022 in this still image taken from video. Ukrainian Presidential Press Service | via Reuters In his latest nightly […]
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Look for durable stocks to weather this ‘hyper-confusing moment’ in the market, Jim Cramer says
CNBC’s Jim Cramer on Wednesday advised investors to find stocks that can perform well in any market environment. “This is a hyper-confusing moment, but I want you to search for stocks that can work long-term regardless of whether we’re in the best of times, the worst of times, or both,” the “Mad Money” host said. […]
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Jamie Dimon sees ‘storm clouds’ ahead for U.S. economy later this year
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., listens during a Business Roundtable CEO Innovation Summit discussion in Washington, D.C., Dec. 6, 2018. Andrew Harrer | Bloomberg | Getty Images The risk that the Federal Reserve accidentally tips the U.S. economy into recession as it combats inflation is rising, according to […]
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JPMorgan Chase reports $524 million hit from market dislocations caused by Russia sanctions
Jamie Dimon, Chairman and CEO of JP Morgan Chase. Adam Jeffery | CNBC JPMorgan Chase said Wednesday that first-quarter profit fell sharply from a year earlier, driven by increased costs for bad loans and market upheaval caused by the Ukraine war. Here are the numbers: Earnings: $2.63 a share (unclear if comparable to $2.69 estimate). […]
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Peter Thiel calls Warren Buffett a ‘sociopathic grandpa from Omaha’ and bitcoin ‘enemy number one’
Peter Thiel VCG/VCG | Getty Images At a bitcoin conference on Thursday, billionaire venture capitalist Peter Thiel said Warren Buffett tops an “enemies list” of people who are trying to stop the cryptocurrency. “Enemy number one,” Thiel said to a booing Miami crowd, is “the sociopathic grandpa from Omaha.” Buffett’s Berkshire Hathaway is based in […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady; key Treasury spreads remain inverted Traders on the floor of the NYSE, March 31, 2022. Source: NYSE U.S. stock futures were mixed Monday, with the tech-heavy Nasdaq looking modestly higher. Twitter shares soared […]
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Dimon says confluence of inflation, Ukraine war may ‘dramatically increase risks ahead’ for U.S.
Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlo Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest U.S. bank by assets, pointed to a potentially unprecedented combination of risks facing the country in his annual shareholder letter. Three forces are […]
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Amazon renews Prime credit card tie-up with JPMorgan Chase after flirting with American Express
Jeff Bezos and Jamie Dimon. Getty Images | CNBC Amazon has chosen to renew a deal allowing JPMorgan Chase to issue the tech giant’s flagship rewards credit card, ending months of heated negotiations, CNBC has learned. The Amazon Prime Rewards card was one of the industry’s most highly coveted co-brand deals, a rare prize because […]
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Treasury Secretary Yellen: The U.S. should have moved faster toward renewable energy
Outgoing Federal Reserve Chair Janet Yellen holds a news conference after a two-day Federal Open Market Committee (FOMC) meeting in Washington, U.S. December 13, 2017. Jonathan Ernst | Reuters Treasury Secretary Janet Yellen said on Friday the United States should have moved faster toward renewable energy sources and that, had we done so, the country […]
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