Breaking News: Markets

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…

Ray Dalio names the top five forces shaping the global economy

SINGAPORE — U.S. billionaire Ray Dalio named the top five forces at the front and center of the world’s economy. …

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…