Jamie Dimon warns on U.S. economy in 2024, 2025

Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17yth, 2024. Adam Galici | CNBC JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years because of a combination of financial … Read more

Big Bank earnings point to a grim season

(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane Fraser, CEO of Citigroup; testify during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington, DC. Win Mcnamee | Getty Images This report is from today’s CNBC … Read more

JPMorgan Chase (JPM) earnings Q4 2023

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 JPMorgan Chase is scheduled to report fourth-quarter earnings before the opening bell Friday. Here’s … Read more

Bosses want to work remote more than employees, but still push return to office

In the years-long debate over remote work, upper-level executives have often been the loudest — and staunchest — advocates for returning to the office.  But many bosses want to work from home as much as, if not more than, their employees do, according to a new survey of 3,000 American workers and managers from software … Read more

Bitcoin 2023 rally pumped up Marathon, Coinbase, MicroStrategy, GBTC

Monitors display Coinbase signage during the company’s initial public offering at the Nasdaq MarketSite in New York on April 14, 2021. Michael Nagle | Bloomberg | Getty Images For crypto bulls, the most lucrative bets in 2023 were in the stock market. While bitcoin rallied over 150% for the year, shares of Coinbase, MicroStrategy and … Read more

Bank CEOs show support for SSI reform bill

Morsa Images | Digitalvision | Getty Images Current SSI asset limits ‘lock people in poverty’ Current SSI asset limits are extremely low — $2,000 for individuals and $3,000 per couple. Those thresholds apply to all kinds of assets, including cash, bank accounts, investments and household goods. Beneficiaries who go over the limits are suspended or … Read more

Wall Street CEOs say Basel 3 endgame rules will hurt Americans

(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane Fraser, CEO of Citigroup; testify during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington, DC. Win Mcnamee | Getty Images Wall Street CEOs on Wednesday pushed … Read more

‘If I was the government, I’d close it down’

JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon lashed out at bitcoin and its peers, suggesting in remarks … Read more

A major CEO backer of remote work concedes one big WFH failure

Bill Varie | The Image Bank | Getty Images It’s been three years since the beginning of the Covid-19 pandemic, when the idea of working from home upended the office landscape for good. While some employers have decided to fully embrace a remote work environment, and experts declare that “return to office is dead,” major … Read more