Watch Jamie Dimon and other financial institution CEOs get grilled by Congress in 2nd day of hearings

Watch Jamie Dimon and other financial institution CEOs get grilled by Congress in 2nd day of hearings


Key Details
  • The heads of seven of the most important U.S. banking institutions, such as JPMorgan Chase CEO Jamie Dimon and Citigroup’s Jane Fraser, are established to testify Thursday in advance of the Senate Committee on Banking, Housing and City Affairs.
  • The listening to, which is focused on field oversight, will come the day immediately after the CEOs endured additional than six hours of questioning from the House Economic Solutions Committee.



Resource

Stocks making the biggest moves midday: Jabil, JetBlue, Sunrun, Valero, Verve Therapeutics and more
Finance

Stocks making the biggest moves midday: Jabil, JetBlue, Sunrun, Valero, Verve Therapeutics and more

These are some of the stocks posting the biggest moves in midday trading. Jabil – The electronic manufacturing company and supplier to Apple surged nearly 12%. Jabil lifted its full-year guidance, calling for core earnings of $9.33 per share and net revenue of $29 billion. The company also posted top and bottom line beats in […]

Read More
Stocks making the biggest moves premarket: Sunrun, Verve Therapeutics, T-Mobile and more
Finance

Stocks making the biggest moves premarket: Sunrun, Verve Therapeutics, T-Mobile and more

Check out the companies making headlines before the bell. Solar stocks — Companies in the space got battered as the Senate’s version of President Trump’s tax bill would phase out renewable energy incentives . Shares of Enphase Energy dropped 20%, while First Solar and Sunrun slid 16% and 36%, respectively. SolarEdge Technologies pulled back 30%. […]

Read More
JPMorgan Chase unveils new Sapphire Reserve card perks and 5 annual fee
Finance

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 […]

Read More