JPMorgan Chase & Co

JPMorgan’s Dimon hopes for soft landing for US economy but says stagflation is a possible scenario

JPMorgan CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation.

Big banks warn of uncertain year ahead after mixed financial performances in the first quarter

Stock market today: Wall Street falls sharply to close out its worst week since October

JPMorgan’s Dimon warns inflation, political polarization and wars are creating risks not seen since WWII

JPMorgan fined almost $350M for issues with trade surveillance program

AP Top Stories 1 May PM

Here’s the latest for Monday, May 1: Troubled First Republic Bank sold; Montana lawmaker files suit; Tornado hits Virginia Beach; Classic TV props up for auction.

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Analysis: Mom and pop safe as First Republic Bank fails

Biden vows banking system is ‘safe and sound’

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How major US stock indexes fared Friday, 4/12/2024

U.S. stocks fell sharply following a mixed start to earnings reporting season. The S&P 500 sank 1.5% Friday.

JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024

Stocks that traded heavily or had substantial price changes on Friday: JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise.

How major US stock indexes fared Tuesday, 4/9/2024

Stocks meandered to a mixed close on Wall Street as traders made their final moves before several potentially market-moving reports later in the week.

Taiwan Semi, Spirit Airlines rise; Paramount Global, Occidental Petroleum fall, Monday, 4/8/2024

Stocks that traded heavily or had substantial price changes on Monday: Taiwan Semi, Spirit Airlines rise; Paramount Global, Occidental Petroleum fall

Bucking industry trends, Chase to open 500 new locations largely in cities where rivals dominate

JPMorgan Chase plans to open at least 500 new branches in the next three years, the bank said Tuesday.

Banks upbeat on US consumer despite bank profit declines, inflation and rising debt levels

Three of the nation’s biggest banks say their profits fell last quarter. JPMorgan Chase, Bank of America and Citigroup have been dealing with the lingering effects of higher interest rates and the industry costs of last year’s banking crisis that caused the collapse of Silicon Valley Bank and Signat

Business Highlights: JPMorgan profits soar; Microsoft completes purchase of Call of Duty maker

Business Highlights: A summary of the day’s top stories in the business world.

Wells Fargo, JPMorgan Chase rise; Harmony Biosciences, Belden fall, Friday, 10/13/2023

Stocks that traded heavily or had substantial price changes on Friday: Wells Fargo, JPMorgan Chase rise; Harmony Biosciences, Belden fall.

JPMorgan profit jumps 35%, but CEO says geopolitics and gov’t inaction have led to ‘dangerous time’

JPMorgan Chase’s third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank’s CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability.

Chase UK will soon bar its customers from making crypto transactions due to an uptick in scams

Chase UK, JP Morgan’s British digital bank, says it will bar customers from making cryptocurrency transactions starting next month — citing an uptick in scams and fraud.

US inflation has steadily cooled. Getting it down to the Fed’s target rate will be the toughest mile

Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of the price pressures that have gripped the nation for more than two years.

Citigroup says some predecessor companies likely saw indirect financial benefits from slavery

Some of the companies that formed what is now Citigroup likely benefitted financially from slavery in the 1800’s, the financial giant acknowledged Thursday, an admission that comes at a time when numerous institutions are re-examining their historic roots and the roles they played in slavery in the

Your paycheck could clear faster now that the FedNow instant payment service for banks has launched

The Federal Reserve has launched a new instant payment service that allows banks and credit unions to sign up to send real-time payments so they can offer customers a quicker way to send money between banks.

How major US stock indexes fared Friday, 7/14/2023

Another winning week for Wall Street drifted to a quiet close following profit reports from several big U.S. companies that topped expectations.

Overstock.com, JPMorgan Chase rise; Lindsay, McCormick fall; Thursday, 6/29/2023

Stocks that traded heavily or had substantial price changes Thursday: Overstock.com, JPMorgan Chase rise; Lindsay, McCormick fall

Initial public offerings scheduled to debut next week

NEW YORK (AP) — The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.

Initial public offerings scheduled to debut next week

NEW YORK (AP) — The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.

Initial public offerings scheduled to debut next week

NEW YORK (AP) — The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.

Initial public offerings scheduled to debut next week

NEW YORK (AP) — The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.

Chase says online banking issue now resolved after bug causes double transactions and fees

Customers of Chase’s online banking services have seen double transactions, fees and payments in their accounts.

First Republic hit with 1,000 job cuts after California bank was seized and sold to JPMorgan

NEW YORK (AP) — About 1,000 employees of First Republic Bank are being let go about a month after it was seized by regulators and acquired by JP Morgan Chase.

First Republic Bank seized, sold in fire sale to JPMorgan

Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase in a bid to stop further banking turmoil that has dominated the first half of this year.

JPMorgan Chase, KBR rise; Global Payments, Exxon Mobil fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:

ON Semiconductor Corp., up $6.37 to $78.33.

JPMorgan Chase CEO Jamie Dimon to be deposed in Epstein suit

JPMorgan Chase & Co. CEO Jamie Dimon must undergo up to two days of questioning by lawyers handling lawsuits over whether the bank can be held liable in financier Jeffrey Epstein’s sexual abuse of teenage girls and women.

JPMorgan Chase, BlackRock rise; Boeing, Lucid Group fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday:

Boeing Co., down $11.88 to $201.71.

How major US stock indexes fared Friday 4/14/2023

Stocks closed lower on Wall Street Friday as worries about interest rates offset an encouraging start to earnings reporting season for big U.S. companies.

Profits at big US banks show few signs of industry distress

The nation’s largest banks appear to be weathering the current turmoil in their industry just fine. Despite a pair of historical bank failures last month which put the nation’s banking industry into crisis mode, the nation’s biggest banks posted strong profits last quarter, helped by higher interest

JPMorgan Chase profits jump 52% amid banking turmoil

JPMorgan Chase says first-quarter profits rose 52%, helped by higher interest rates which allowed the bank to charge customers more for loans.

This Week in Business

A look at some of the key business events and economic indicators upcoming this week:

TRACKING INFLATION

Student aid startup founder arrested on fraud charges

The founder of the student loan assistance startup company Frank that J.P. Morgan Chase acquired for $175 million has been arrested on charges that she duped the financial giant by dramatically inflating the number of customers her company had.