After beginning the year at 217,000, weekly initial unemployment claims hit 250,000 during June and spiked to 264,000 in ...
JP Morgan CEO Jamie Dimon warned markets about geopolitical hazards, sticky inflation, and an AI bubble, while the bank ...
At the trial, Landeros pleaded not guilty, as his defense attempted to argue that there were flaws in the case. The defense ...
“Big companies slow down, they become complacent, they become bureaucratic … arrogant,” Dimon added, all of which eventually ...
Twelve central bank chiefs worldwide issued a joint statement in support of Powell and the US central bank’s independence.
Jamie Dimon, chief executive officer of JPMorgan Chase ( JPM ), indicated he has no interest in becoming chair of the Federal Reserve at an event hosted by the U.S. Chamber of Commerce on Thursday.
Dimon also said he would "absolutely, positively, no chance, no way, no how for any reason" serve as Fed Chair.
Asked about the possibility at an event in Washington, the longtime bank chief made clear he has no interest in leading the ...
In the Wall Street-to-Washington corridor, the prospect of Jamie Dimon for Treasury secretary, or even for president, has come up repeatedly over the years.
President Trump has long complained that interest rates are too high. Experts say he's not doing himself any favors with his pressure campaign against the Federal Reserve.
I don’t have any plan to do that,” Trump told Reuters in an interview Wednesday when asked if he would attempt to remove ...
The Federal Reserve will meet later this month to make a decision on interest rates. But the latest inflation report is likely to make the central bank cautious about additional rate cuts.