JPMorgan Chase & Co
Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed
Key Points Banks quickly raised interest rates to record levels and added new monthly fees on credit cards last year when a Consumer Financial Protection Bureau rule threatened a key revenue source for the industry. Now they’re far more reluctant to reverse those steps, even after bank trade groups succeeded in killing the CFPB rule […]
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Two JPMorgan ETFs that are providing a destination for risk-averse investors
ETF Edge Two JPMorgan ETFs that are providing a destination for risk-averse investors Published Fri, May 2 20257:45 AM EDTUpdated 9 Min Ago Krysta Escobar WATCH LIVE Source
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Netflix stock is trading at all-time high levels in unprecedented win streak
Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run ever. Stock Chart IconStock chart icon Netflix stock since April 17. Its previous record was a nine-day stretch in late 2018 and early 2019 when the stock traded up for four […]
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Two JPMorgan ETFs that are providing a destination for risk-adverse investors
ETF Edge Two JPMorgan ETFs that are providing a destination for risk-adverse investors Published Fri, May 2 20257:45 AM EDT Krysta Escobar WATCH LIVE Source
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Wealthy consumers upped their spending last quarter, while the rest of America is cutting back
Key Points Lower-income earners are reining in their transactions to focus on essentials, while the wealthy continue to spend freely on perks including dining out and luxury travel, according to first-quarter results from U.S. credit card lenders. Synchrony, which provides store cards for retail brands including Lowe’s and T.J. Maxx, spending fell 4% in the […]
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Cloud software vendors Atlassian, Snowflake and Workday are betting on security startup Veza
From left, Veza founders Rob Whitcher, Tarun Thakur and Maohua Lu. Veza Tech giants like Google, Amazon, Microsoft and Nvidia have captured headlines in recent years for their massive investments in artificial intelligence startups like OpenAI and Anthropic. But when it comes to corporate investing by tech companies, cloud software vendors are getting aggressive as […]
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Alphabet expects ‘slight headwind’ to ads business this year, executives say
President Donald Trump’s trade policies will have a negative impact on Google parent Alphabet‘s core advertising business, an executive from the company said Thursday. Alphabet, which reported stronger-than-expected revenue in its first quarter of the year, faces an online ads market that’s on edge due to concerns about how Trump’s tariffs will affect the economy […]
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CNBC’s Inside India newsletter: Have India stocks bottomed?
India traders at the Motilal Oswal Financial Services Ltd. office in Mumbai, India. Vivek Prakash | Bloomberg | Getty Images 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? […]
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Corporate America shelled out millions for Trump’s inauguration. Now he’s upending many of their businesses
U.S. President Donald Trump delivers remarks at the Business Roundtable’s quarterly meeting at the Business Roundtable headquarters on March 11, 2025 in Washington, DC. Andrew Harnik | Getty Images America’s richest and most powerful companies shelled out millions to fund President Donald Trump’s inauguration festivities. Three months later, some may be asking whether the famously […]
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CNBC Daily Open: Trump, Bessent and Musk give markets the reassurance they need
(L-R) U.S. Treasury Secretary Scott Bessent, Secretary of Commerce Howard Lutnick, Interior Secretary Doug Bergum and Transportation Secretary Sean Duffy look on as U.S. President Donald Trump prepares to sign executive orders in the Oval Office of the White House on April 09, 2025 in Washington, DC. Anna Moneymaker | Getty Images The latest CNBC […]
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