JPMorgan Chase & Co
CNBC Daily Open: U.S. economic slowdown still in the cards, Fed says
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | Reuters At U.S. Federal Reserve Chair Jerome Powell’s post-meeting press conference, the topic of tariffs — specifically, their impact on prices […]
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CNBC Daily Open: Stagflation on the Fed’s mind
U.S. Federal Reserve Chairman Jerome Powell speaks at a news conference on June 18, 2025, in Washington DC, United States. Yasin Ozturk | Anadolu | Getty Images At U.S. Federal Reserve Chair Jerome Powell’s post-meeting press conference, the topic of tariffs — specifically, their impact on prices — was a recurring one. “Everyone that I […]
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Senate passes GENIUS stablecoin bill, giving crypto industry first major legislative win
The World Liberty Financial website arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images The Senate on Tuesday passed the GENIUS Act, a landmark bill that for the first time establishes federal guardrails for U.S. dollar-pegged stablecoins and creates a regulated pathway for private […]
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JPMorgan moves further into crypto with stablecoin-like token JPMD
Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co., speaks to the Economic Club of New York in Manhattan, New York City, on April 23, 2024. Mike Segar | Reuters JPMorgan Chase is taking a step further into the cryptocurrency space with its own stablecoin-like token, called JPMD. The U.S. banking giant told CNBC […]
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JPMorgan Chase unveils new Sapphire Reserve card perks and $795 annual fee
Key Points JPMorgan Chase is betting that a long list of new perks will keep affluent Americans hooked on its Sapphire Reserve card, despite a hefty bump in its annual fee. The bank on Tuesday unveiled an update to its premium credit card, which will now carry a $795 annual fee. The bank is touting […]
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Luxury credit card rivalry heats up as Amex, JPMorgan tease updates to their premier cards
Anna Barclay | Getty Images The long-running rivalry between the country’s top premium credit cards is about to heat up again. JPMorgan Chase announced last week that a refresh of its Sapphire Reserve — the travel and dining rewards card that went viral when it arrived in 2016 — was imminent. In response, American Express […]
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These companies have a track record of stock buybacks and are winners amid volatility, says Wolfe Research
As markets remain jittery amid still-shifting trade policy and geopolitical concerns, Wolfe Research is eyeing companies that steadily repurchase their own stock as a way to ride out the volatility. Wolfe’s consistent buyback basket screens for companies that have such a track record of stock repurchases that their share counts have fallen for at least […]
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Amazon reorganizes health-care business in latest bid to crack multitrillion-dollar market
A One Medical clinic location is pictured in Emeryville, California on February 16, 2024. Loren Elliott | The Washington Post | Getty Images For the better part of a decade, Amazon has been trying to carve it’s way into the U.S. health-care market, through billions of dollars worth of acquisitions, big-name hires and high-profile partnerships. […]
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CNBC’s Inside India newsletter: From Shein to iPhones: India’s manufacturing moment is here
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. Each weekday, CNBC’s “Inside India” news show gives you news and market commentary on the emerging powerhouse […]
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U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago
The U.S. Department of the Treasury building is seen in Washington, D.C., Jan. 19, 2023. Saul Loeb | Afp | Getty Images The U.S. government drifted further into red ink during May, with a burgeoning debt and deficit issue getting worse, the Treasury Department reported Wednesday. After running a short-lived surplus in April thanks to […]
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