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The Latest Breaking News from Jamie Dimon

Cathie Wood Scoops Up $1.2M More In This Crypto-Linked Fintech On The Dip

Cathie Wood-led Ark Investment Management on Wednesday further raised its exposure in Coinbase Global Inc (NASDAQ: COIN) as it scooped up 17,382 shares, estimated to be worth $1.19 million, in the cryptocurrency exchange.

Benzinga

Asian markets drop on recession fears, output report hits oil

Hong Kong (AFP) - Equities fell in Asia on Thursday as traders grow increasingly worried that central bank moves to rein in inflation could tip economies into recession.

AFP

Asian markets drop on recession fears, output report drags oil down

Hong Kong (AFP) - Equities fell in Asia on Thursday as traders grow increasingly worried that central bank moves to rein in inflation could tip economies into recession.

AFP

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Dow Jones Falls As Microsoft Warns, Economic Data Mixed

The Dow Jones fell as Microsoft warned. The market rally retreated Wednesday as Fed rate hike odds rose and Jamie Dimon saw an economic "hurricane."

Investors Business Daily

Jamie Dimon Says Fed Action, Russia-Ukraine War Leading To Economic 'Hurricane'

JPMorgan Chase & Co (NYSE: JPM) CEO Jamie Dimon had a sobering message for investors on Wednesday, warning of an economic “hurricane” on the horizon.

Benzinga

Dow Jones Strengthened Into The Close But Finished Negative

The Dow traded well off its lows on Wednesday as the indexes strengthened into the final hour of trading.

Investors Business Daily

What's Going On With Chewy Stock Today?

Chewy Inc (NYSE: CHWY) shares are trading lower Wednesday after Piper Sandler cut its price target ahead of the company's earnings results.

Benzinga

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Why Shopify Shares Are Sliding Today

Shopify Inc (NYSE: SHOP) shares are trading lower Wednesday, alongside several names in the broader technology and software space amid a rise in yields. The 10-Year Treasury yield was hovering around 2.94% at press time.

Benzinga

Why Block Shares Are Falling Today

Block Inc (NYSE: SQ) shares are trading lower Wednesday, alongside several names in the broader technology and software space amid a rise in yields. The 10-Year Treasury yield was hovering around 2.939% at press time.

Benzinga

What's Going On With Affirm Holdings Stock Today?

Affirm Holdings Inc (NASDAQ: AFRM) shares are trading lower Wednesday amid a rise in yields. The 10-Year Treasury yield was hovering around 2.93% at press time.

Benzinga

JPMorgan CEO Jamie Dimon warns of economic "hurricane" from Ukraine and Fed tightening

"That hurricane is right out there down the road coming our way."

Axios

CEO pay up 17% as profits, stocks soar; workers fall behind

Pay for CEOs who run the biggest U.S. companies soared 17.1% last year, up to a median of $14.5 million

The Independent UK

JPMorgan Stock Jumps After Boosting Key 2022 Profit Target, Says U.S. Economy 'Fundamentally Sound'

JPMorgan CEO Jamie Dimon is set to speak at the bank's investor day presentation at 8:00 am Eastern time.

The Street

Stock Market Today - 5/18: Dow Tumbles 1,164 Points on Target Miss, Powell Inflation Comments

Stock finish sharply lower Wednesday as Target earnings disappoint and Fed Chair Powell warns 'there could some pain involved' with the Fed's inflation approach.

The Street

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The Street

Stocks Ease; Powell Reiterates Fed Resolve on Inflation - 5 Things You Must Know

Stock futures were indicating a lower open on Wednesday. Fed Chairman Jerome Powell said the Fed was determined to reduce inflation. Housing-starts and building-permits data are in focus. Target shares slipped before the retailer reports earnings. And JPMorgan holders voted against the bank's proposal to pay CEO Jamie Dimon a…

Bangkok Post

Median CEO Pay Package Rose to $14.7 Million in 2021, a New High

The median pay package for chief executives of the biggest U.S. companies reached $14.7 million in 2021, setting a sixth-straight annual record as strong profits and robust markets boosted performance measures.

The Street

Here's What Workers Hate Most About Their Job

A bunch of tasks are making workers feel gloomy and burdened at work.

The Street

Jamie Dimon Scolds Fed, Says Cold War is Back in Russia

The Federal Reserve should not have waited until 2022 to increase interest rates as inflation rates skyrocketed, JPMorgan Chase (JPM) CEO Jamie Dimon told Bloomberg Television in London. “We’re a little late,” he said in an interview Wednesday. The sooner they move the better.” While ...

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The Guardian - UK

Bank bosses’ optimism darkens as war follows on the heels of Covid

Last year’s hopes of a return to normal will largely be absent from this week’s downbeat set of UK lenders’ results

Tribune News Service

Robert Burgess: Recession predictions are piling up. Don't freak out

Wall Street’s focus seems to have changed in recent days from how fast and how high the Federal Reserve will raise interest rates to the timing of the next recession. The two are not mutually exclusive. The consensus is that the Fed is so far behind that curve when it…

Axios

Jamie Dimon sees "storm clouds on the horizon"

JPMorgan's chief executive is in a prime position to identify emerging economic developments.

The Street

Citigroup Stock Leaps After Q1 Profit Beat As Interest Rate Boost Drive Fee Income

"While the geopolitical and macro environment has become more volatile, we are executing the strategy we announced at our recent Investor Day," said CEO Jane Fraser.

AFP

JPMorgan Chase says US economy still solid, but risks rising

New York (AFP) - JPMorgan Chase said the US economy remains on solid footing in the short term, but warned of heightened longer-term risks due to inflation and the Ukraine war as it reported lower quarterly profits.

AFP

JPMorgan Chase profits fall 42%; warns of hit from inflation, Ukraine

New York (AFP) - JPMorgan Chase reported Wednesday that quarterly earnings tumbled as the banking giant set aside $902 million for bad loans, citing "downside risks" including the Ukraine war and surging inflation.

The Street

JPMorgan Misses Q1 Profit Forecast As Global Merger Deal Slow, Russia, Inflation Risks Spike

JPMorgan CEO Jamie Dimon said the bank sees "significant geopolitical and economic challenges ahead due to high inflation, supply chain issue and the war in Ukraine."

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