WASHINGTON — The nation’s top elected leader and its most powerful banker are fighting over who is smarter. Really. President Donald Trump early Thursday scoffed at JPMorgan Chase CEO Jamie Dimon‘s claim that he could “beat” Trump and is just as tough and smarter than the president. “The problem with banker Jamie Dimon running for … Continue reading WASHINGTON | Trump scoffs at ‘nervous mess’ Dimon, says he’s not smart
NEW YORK — U.S. stocks inched lower Friday as bond yields jumped, a shift that helped banks but hurt companies that pay big dividends. The dollar fell after President Donald Trump said China is manipulating its currency. Companies including Microsoft and Honeywell rose as investors were pleased with their quarterly reports, but General Electric stumbled. … Continue reading NEW YORK | Stocks end slightly lower as traders shrug off trade talk
SINGAPORE — Asian markets were mostly lower on Tuesday following a mixed day on Wall Street, as tensions over U.S. tariffs overshadowed data suggesting global growth is still on track. KEEPING SCORE: Japan’s benchmark Nikkei 225 bucked the regional trend, gaining 0.4 percent to 22,697.36 after reopening from Monday’s public holiday. South Korea’s Kospi lost … Continue reading SINGAPORE | Asian shares mostly lower, weighed by trade tensions
NEW YORK — U.S. stocks climbed with other markets on Monday as worries about trade tensions between the United States and the rest of the world took a back seat. The world’s two largest economies took their biggest steps yet on Friday in a brewing global trade war after the United States and China imposed … Continue reading NEW YORK | US stocks rise again as trade worries take back seat
Amazon, JPMorgan Chase and Berkshire Hathaway have picked well-known author and Harvard professor Dr. Atul Gawande to transform the health care they give their employees. The three corporate titans said Wednesday that Gawande will lead an independent company focused on a mission they announced earlier this year: figuring out ways to improve a broken and … Continue reading Amazon, Buffett, JPMorgan pick Gawande to lead health firm
NEW YORK | April 20, 2018 (AP)(STL.News) An analysis by The Associated Press shows the nation’s six big Wall Street banks saved at least $3.59 billion in taxes last quarter, thanks to the recently enacted Trump tax law. Banks typically kick off the earnings season, and their reports for the January-March quarter are giving investors and … Continue reading NEW YORK | Big banks saved $3.6B in taxes last quarter under new law
CHICAGO/September 14, 2017 (AP) (StlRealEstate.News) — JPMorgan Chase & Co. says it plans to invest $40 million over three years in neighborhoods on Chicago’s South and West Sides to create economic opportunity. Bank officials said Thursday that poverty, racial and economic inequities, and a lack of opportunity are factors behind Chicago’s gun violence. CEO Jamie Dimon says … Continue reading JPMorgan Chase investing $40M in Chicago neighborhoods
