Finance

The unemployment insurance program is unprepared for a recession, experts say

Renewed fears of a U.S. recession have put a spotlight on unemployment. However, the system that workers rely on to…

JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI

JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of its employees in recent weeks,…

Container explodes on cargo ship at China’s key Ningbo port

BEIJING — A hazardous goods container exploded Friday on a cargo ship in China’s high-traffic Ningbo port, Taiwanese vessel owner…

Italy looks like fertile ground for a mega merger deal in banking

MILAN, Italy — European policymakers have longed for bigger banks across the continent. And Italy might be about to give…

Banks face tough new security standards in the EU — their tech suppliers are under scrutiny, too

Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new rules from…

Jamie Dimon says he still sees a recession on the horizon

JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S.…