JPMorgan Chase shares drop 5% after bank tempers guidance on interest income and expenses
JPMorgan Chase shares fell 5% on Tuesday after the bank’s president told analysts that expectations for net interest income and…
Jamie Dimon says ‘the worst outcome is stagflation,’ a scenario he’s not taking off the table
JPMorgan Chase CEO Jamie Dimon said Tuesday he wouldn’t rule out stagflation, even with greater confidence recently that inflation is…
Federal Reserve unveils toned-down banking regulations in victory for Wall Street
A top Federal Reserve official on Tuesday unveiled changes to a proposed set of U.S. banking regulations that roughly cuts…
It’s not always ‘a sexy thing’ to be a millionaire, former NFL linebacker Brandon Copeland says. Here’s why
Brandon Copeland is a former NFL linebacker turned coach. But the type of coaching he gravitates to isn’t in the…
Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its…
Here’s where the jobs are for August 2024 — in one chart
The August jobs report came in weaker than expected, and employment growth by different industries showed a mixed bag for…
Ken Griffin’s Wellington hedge fund at Citadel squeezes out 1% gain in volatile August
Billionaire investor Ken Griffin’s suite of hedge funds at Citadel eked out small gains in what proved a volatile month…
Warren Buffett leads Berkshire Hathaway to new heights at age 94
Warren Buffett turned 94 on Friday and his sprawling, one-of-a-kind conglomerate has never been worth more than it is today.…
Dollar General shares crater 25% as retailer cuts outlook, blaming ‘financially constrained’ customers
Dollar General shares tumbled Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting…
Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so
Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to…
