Investors will be closely watching whether worries about an economic slowdown dent corporate profits, and lead to further layoffs.
Category: JPMorgan Chase & Company
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Investors Worry What Strong Jobs Data Means for the Economy
Inflation, recession and labor market concerns loom large over the stock market ahead of Friday’s jobs report.
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Europe Plots a Diplomatic and Business Reset on China
President Emmanuel Macron of France and Ursula von der Leyen, President of the European Commission, arrived in China on Wednesday aiming to restart business and political ties.
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Jamie Dimon’s Letter to JPMorgan Investors Warns of Banking Crisis ‘Repercussions’
In his annual letter to shareholders, the chief executive of JPMorgan Chase said regulations were partly to blame for the turmoil, although the economy remained in “pretty good” shape.
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It’s Not All Bad News for Trump Ahead of His Arraignment
The former president’s poll ratings and some of his business fortunes have rallied ahead of his arraignment on Tuesday.
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Trump’s Indictment and What’s Next
The New York Times – Business:The fallout will be widespread, with ramifications for the 2024 presidential race, policymaking and more.
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Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank
The New York Times – Business:The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.
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Will the Fed Raise Interest Rates During a Banking Crisis?
The New York Times – Business:The central bank’s decision on interest rates on Wednesday is shaping up to be the most consequential of the Jerome Powell era.
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UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale
The New York Times – Business:Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.
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Markets Worry First Republic and Other Banks Remain Under Pressure
The New York Times – Business:The nation’s top lenders banded together to rescue First Republic Bank. But markets worry that regional institutions remain under pressure.
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Low Rates Were Meant to Last. Without Them, Finance Is In for a Rough Ride.
The New York Times – Business:Economists expected inflation and rates to stay low for years. With Silicon Valley Bank’s implosion, Wall Street is starting to reckon with how wrong that prediction has proved.
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Troubles at Silicon Valley Bank Rock the Global Stock Market.
The New York Times – Business:Shares in the bank, a go-to funder of tech start-ups, have fallen more than 60 percent in the past day as investors fear for its finances, and those of similarly sized lenders.