JPMorgan Chase

JPMorgan Chase (NYSE:JPM) chief executive Jamie Dimon says U.S. companies are short on workers who can code software, secure networks and run complex projects. What Happened: "We are short on labor," Dimon told the Business Roundtable's CEO Workforce Forum. "We all have needs for cyber, we all have...

Several customers’ critical information has been compromised, leading to data breach alerts issued by JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), and TD Bank (NYSE:TD). What Happened: According to filings with the Massachusetts state government, the...

Soft drinks giant, Coca-Cola Co.‘s (NYSE:KO) playbook for global scale and distribution is back in focus amid growing geopolitical uncertainties. What Happened: Last week, JPMorgan Chase & Co. (NYSE:JPM) analysts raised their price target for Coca-Cola Co. to $78 per share by the end of...

Retail investors are raising concerns over U.S. Treasury Secretary Scott Bessent's recent remarks on tariffs and the ongoing trade tensions with China, delivered at a closed-door investor summit hosted by JPMorgan Chase & Co. (NYSE:JPM). Bessent’s comments, which sparked a $2.2 trillion...

Charlie Javice, the founder of a once-promising startup, was found guilty Friday of defrauding JPMorgan Chase & Co. (NYSE:JPM) to the tune of $175 million. What Happened: Javice, the brain behind Frank, a startup that aimed to streamline the student financial aid application process, was ...

JPMorgan Chase CEO Jamie Dimon is well-known in cryptocurrency circles for his fierce criticism of Bitcoin (CRYPTO: BTC), even going so far as to dub the leading coin a "fraud." What Happened: From announcing that he would “fire in a second” any JPMorgan trader seen trading in Bitcoin...

Editor's Note: The headline has been revised to correct a typographical mistake. JP Morgan Chase (NYSE:JPM) CEO, Jamie Dimon, expressed his approval of President Donald Trump’s proposed tariffs on several countries, including Canada, Mexico, and China on Wednesday. What Happened: During...

JPMorgan Chase (NYSE:JPM) has reportedly spent an enormous $2.14 billion on legal costs over the last two years. What Happened: The bank’s 8-K filings with the U.S. Securities and Exchange Commission indicate that it expended $1.4 billion in 2023 and $740 million in 2024 on legal...

U.S. banks have reportedly gained a $1 trillion windfall due to the Federal Reserve’s prolonged period of high interest rates. What Happened: The Federal Reserve maintained elevated interest rates for two and a half years, allowing banks to earn higher yields on deposits held at the Fed....

Jamie Dimon, CEO of JPMorgan Chase, stated that the bank is “probably one of the bigger users of blockchain” during an interview on Tuesday at the Financial Markets Quality Conference. What Happened: Dimon, who has been skeptical of cryptocurrencies, emphasized that JPMorgan is an...

Walt Disney Co (NYSE:DIS) and Comcast Corporation (NASDAQ:CMCSA) are reportedly seeking a financial advisor to resolve a dispute over the valuation of the former’s 33% stake in the streaming platform Hulu. What Happened: The two media giants disagree over the stake valuation that Disney is...

On Tuesday, major U.S. indices closed on a positive note, with the Dow Jones Industrial Average rising by 0.8% to reach 39,110.76, while the S&P 500 saw a gain of 0.56% to hit 5,178.51. Additionally, the tech-centric Nasdaq experienced a 0.39% increase, reaching 16,166.79 within the 24-hour...

Edward Snowden, the former National Security Agency contractor, took a jab at Jamie Dimon, CEO of JPMorgan Chase & Co, over his stance on Bitcoin (CRYPTO: BTC), as the cryptocurrency hits all-time highs. What Happened: Snowden’s post on X, formerly Twitter, on Monday, came in response to...

Bitcoin (CRYPTO: BTC) has made a comeback, soaring past the $52,000 mark in early morning trading sessions.  What Happened: This surge comes despite a brief setback attributed to a concerning inflation report from the United States. Current figures from CoinGecko show Bitcoin trading at $52,...

JPMorgan downgraded cryptocurrency exchange Coinbase (NASDAQ: COIN) to 'Underweight' while maintaining an $80 price target. The revised stance follows an "underwhelming" start to Spot Bitcoin ETF trading. What Happened: JPMorgan analysts, led by Kenneth B. Worthington, "...