JPMorgan Chase & Co
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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JPMorgan’s Jamie Dimon warns U.S. economy could soon ‘deteriorate’
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Chase & Co. Capital Markets conference in Paris, France, on Thursday, May 15, 2025. Cyril Marcilhacy | Bloomberg | Getty Images The impacts of the pandemic-era government spending and monetary policy that helped support the U.S. economy […]
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CNBC Daily Open: ‘Good reports’ from U.S.-China talks could push S&P 500 to new high, analysts say
He Lifeng, China’s vice premier, arrives for trade talks at Lancaster House in London on June 9, 2025. Chris Ratcliffe | Bloomberg | Getty Images Trade negotiators from the U.S. and China have met in London, and talks are expected to continue Tuesday, a source familiar with the situation told CNBC’s Megan Casella. It seems […]
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CNBC Daily Open: If U.S.-China talks go well, analysts think the S&P 500 could hit new high
U.S. Treasury Secretary Scott Bessent (center) at Lancaster House in London, U.K., on Monday, June 9, 2025. Chris Ratcliffe | Bloomberg | Getty Images Trade negotiators from the U.S. and China have met in London, and talks are expected to continue Tuesday, a source familiar with the situation told CNBC’s Megan Casella. At the top […]
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Why it’s getting even harder to get into airport lounges now
Bloomberg | Bloomberg | Getty Images Airplane tickets are getting cheaper, but it’s getting more expensive to bring your family to an airport lounge. Capital One is the latest company to limit access to booming airport lounges to combat overcrowding. Starting Feb. 1, Venture X and Venture X Business cardholders will no longer be able […]
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