Finance

JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns

JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload…

Point72’s Steve Cohen is stepping back from trading his own book

Billionaire investor Steve Cohen is retiring from the trading floor at his hedge fund Point72. The prominent hedge fund investor,…

The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect

For all the hype that goes into them, Federal Reserve meetings are usually pretty predictable affairs. Policymakers telegraph their intentions…

Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs

Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program…

Lawmakers are ‘demeaning their role’ by trying to influence the Fed, House finance chair says

Rep. Patrick McHenry, R-N.C., sharply criticized other politicians on Tuesday for making public comments about what the Federal Reserve should…

Planning to delay retirement may not rescue you from poor savings

Planning to work longer is a popular escape hatch for Americans who feel they’ve saved too little to support themselves…