JPMorgan Chase & Co
CNBC Daily Open: Trump and Musk’s breakup spills into the markets
U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Developments from the White House are growing more exciting and unpredictable than those 1,000-episode Asian drama serials. On Thursday, “So much for being Mr. NICE […]
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CNBC Daily Open: Trump’s relationships can send markets roiling
US President Donald Trump and Tesla CEO Elon Musk speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Mandel Ngan | AFP | Getty Images Developments from the White House are growing more exciting and unpredictable than […]
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CNBC’s Inside India newsletter: Wall Street and investors turn bullish on India after two turbulent quarters
Stock traders monitor share prices during an intra-day trading session at a brokerage house in Mumbai on April 8, 2025. Asian and European markets battled on April 8 to recover from the previous day’s tariff-fuelled collapse. US President Donald Trump slapped a flat 26 percent tariff on imports from India last week, with New Delhi […]
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NBA team sponsorship revenue up 8% to $1.6 billion, boosted by jersey patches
Shai Gilgeous-Alexander #2 and Jalen Williams #8 of the Oklahoma City Thunder react on the bench against the Minnesota Timberwolves during the fourth quarter in Game Five of the Western Conference Finals of the 2025 NBA Playoffs at Paycom Center on May 28, 2025 in Oklahoma City, Oklahoma. Matthew Stockman | Getty Images NBA teams […]
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Klarna takes on banks with debit card as it diversifies beyond buy now, pay later
Key Points Klarna is piloting a debit card called Klarna Card in the U.S. The card will also launch in Europe later this year. The Swedish fintech has been trying to shift its image from “buy now, pay later” poster child to a more all-encompassing banking player. Source
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These stocks could benefit if interest rates break out higher
A handful of stocks may be well positioned to benefit from rising Treasury yields, according to Bank of America. Both the benchmark 10-year and 30-year Treasury have climbed recently to reach worrisome milestones. The 10-year yield was last at about 4.43%, just shy of the key 4.5% level, and up from 4.01% in early April. […]
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JPMorgan hired NOAA’s chief scientist to advise clients on navigating climate change
Key Points Sarah Kapnick started her career in 2004 as an investment banking analyst, but was struck by how little climate change was being factored into financial decision making. She later became the chief science officer at the National Oceanic and Atmospheric Administration (NOAA) Last year, JPMorgan hired Kapnick back into banking, where she’s advising […]
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This is why Jamie Dimon is so gloomy on the economy
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The more Jamie Dimon worries, the better his bank seems to do. As JPMorgan […]
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CNBC Daily Open: Certainty of ‘reciprocal’ tariffs better than confusing legal tussle
A large number of commercial vehicles were assembled at Yantai Port for shipment and export overseas in Yantai City, Shandong Province, China, on April 24, 2025. CFOTO | Future Publishing | Getty Images A U.S. federal trade court striking down President Donald Trump’s “reciprocal” tariffs on a broad swathe of countries seems, on the surface, […]
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CNBC Daily Open: Definite tariffs could be better for markets than on-and-off ones
Cranes at the Port of Los Angeles are empty of cargo ships, in San Pedro California, U.S., May 13, 2025. Mike Blake | Reuters A U.S. federal trade court striking down President Donald Trump’s “reciprocal” tariffs on a broad swathe of countries seems, on the surface, a positive development all around. A lack of tariffs […]
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