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The Latest Breaking News from Jamie Dimon

Jamie Dimon is so over spectators questioning whether his possible move from CEO to chairman would be bad for JPMorgan: 'How the hell do they know? There's no magic to it'

"How the hell do they know? There's no magic to it."

Fortune

Eurozone unemployment falls to record low; US GDP growth revised down – as it happened

BCC calls for improved relations with the EU to cut the costs for business, while sticky inflation worries markets

The Guardian - UK

'How can you tell me it won't lead to stagflation?' Jamie Dimon says 'extraordinary' government spending has him bracing for high inflation and unemployment

"I look at the amount of fiscal and monetary stimulus that has taken place over the last five years—it has been so extraordinary, how can you tell me it won't lead to stagflation?"

Fortune

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Jamie Dimon is right. The number of U.S. public companies is plummeting—and that’s bad news for the democratic component of the economy

Without taking the right measures to allow companies to grow and prosper in the public markets, America could lose its edge.

Fortune

JPMorgan CEO Jamie Dimon on 'Hard Landing' and 'Stagflation' Fears as Inflation Worries US Fed

JPMorgan CEO Jamie Dimon thinks the odds of a recession are higher than people think despite markets reaching record highs and the consensus rooting for a sustained bull run.

International Business Times UK

Banks don’t want to inspect your home office, so they’re forcing hundreds of employees to come in five days a week

Renewed rules for workplace inspections every few years are being blamed for mass return-to-office efforts.

Fortune

Jamie Dimon says there's a chance the Fed could further hike rates instead of cutting

"Do I think that rates can go up a little bit? Yes I do. And if they do is the world prepared for it? Not really."

Fortune

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Major bank CEO says he only took his $4.2M job on the condition he could work from home

"I wouldn’t have wanted to be away from home five days a week. That wouldn’t have been good for the family or for me.”

Fortune

The stakeholder capitalism movement is poised to lose two of its champions

Two of the most vocal champions of stakeholder capitalism have signaled when they might step aside.

Fortune

Jamie Dimon shocks Wall Street, hinting at his retirement in the next five years and reciting a laundry list of red flags about the global economy

Dimon says he’s “cautiously pessimistic” about the future of inflation, spending, and the geopolitical landscape.

Fortune

Top-ranked analyst declares JPMorgan 'the Nvidia of banking' after it spends $17 billion on tech in a single year

CEO Jamie Dimon hasn’t yet “internalized” that he is becoming the leader of a digital company, said analyst Mike Mayo.

Fortune

Jamie Dimon once again says we should tackle the national deficit: ‘That is important for the world’

Dimon said the deficit isn’t going to be a calamity anytime soon, but it’s making inflation worse and could prompt financial markets to force tough choices later.

Fortune

Jamie Dimon warns markets are fooling themselves by thinking inflation will soon go away

The JPMorgan boss believes official data is not sufficiently reflecting price pressures that are in the pipeline but have yet to manifest.

Fortune

Asian Stocks Mixed After Wall St, Europe Retreat From Records

Asian markets diverged Friday as hopes for US interest rate cuts played up against profit-taking from another strong week and warnings from Federal Reserve officials that borrowing costs should be kept elevated for now.

International Business Times

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Fortune

JPMorgan’s Jamie Dimon defies Biden: ‘China is not a natural enemy’

Following Biden’s new tariffs, Dimon said the U.S. should view the second-leading economy as “tough competition.”

International Business Times UK

JP Morgan CEO: Americans Are in 'Good Shape' Financially and 'Still Have Money From COVID'

JPMorgan CEO says consumers still doing well despite inflation, sparking backlash online.

International Business Times UK

Billionaire Bill Gross' Tip for Investing: 'Stick To Value Stocks, Avoid Tech for Now'

The "Bond King" billionaire Bill Gross named Microsoft as the only tech stock he would recommend for those who must invest in the overvalued sector driven by AI.

Top News

Jpmorgan CEO Dimon Sells Million Shares In Planned Sale

JPMorgan Chase & Co CEO Jamie Dimon sells million in company shares as part of planned divestment, reflecting confidence in the company's future.

International Business Times

Solid Profits At Banks As Execs Debate US Economic Risks

Large American banks reported solid earnings Friday behind still-high interest rates while offering varying views on the likelihood the United States can avoid a near-term recession.

Latin Times

Unexpected Rise in March Inflation: Here's Why Minorities May Face a Greater Impact

The Consumer price index unexpectedly rose 3.5% in March. While high prices affect Americans at large, the impact is not necessarily equitable.

The Guardian - UK

Global economic risks ‘could eclipse anything since second world war’, says JP Morgan boss

In annual letter to investors, Jamie Dimon warns ‘wars in Ukraine and Middle East could become far worse’

International Business Times

JPMorgan Chase CEO Warns Inflation Could Stay High

Inflation could remain elevated for longer than expected, posing a risk to the US economy's near-term health, JPMorgan Chase Chief Executive Jamie Dimon said Monday.

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