Latest JPMorgan Chase & Co News

A man walks in the rain past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, July 10, 2020. Asian stock markets followed Wall Street lower Friday on worries economic improvements might fade as coronavirus cases increase in the United States and some other countries. (AP Photo/Eugene Hoshiko)

Asian stocks sink after Wall St losses on economy worries

Jul. 9, 2020 11:43 PM EDT

BEIJING (AP) — Asian stock markets followed Wall Street lower Friday on worries economic recoveries might fade as coronavirus cases increase in the United States and some other countries. Benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia retreated a day after strong gains driven by the rise of...

FILE - In this May 22, 2020, file photo, the Federal Reserve building is viewed in Washington. The Federal Reserve's Main Street lending program is off to a slow start. Banks are showing a surprising lack of interest in the program, while businesses are having a hard time accessing it. (AP Photo/Patrick Semansky, File)

Fed's program for loaning to Main Street off to slow start

Jun. 30, 2020 12:05 AM EDT

WASHINGTON (AP) — Michael Haith, owner and CEO of a Denver-based restaurant chain called Teriyaki Madness, is in an unusual position for people like him: He's making money through food delivery and pickup and wants to borrow funds so he can expand. Yet so far, a Federal Reserve lending program set up...

FILE - In this May 22, 2020, file photo, the Federal Reserve building is viewed in Washington. The Federal Reserve's Main Street lending program is off to a slow start. Banks are showing a surprising lack of interest in the program, while businesses are having a hard time accessing it. (AP Photo/Patrick Semansky, File)

Fed's program for loaning to Main Street off to slow start

Jun. 29, 2020 6:12 PM EDT

WASHINGTON (AP) — Michael Haith, owner and CEO of a Denver-based restaurant chain called Teriyaki Madness, is in an unusual position for people like him: He's making money through food delivery and pickup and wants to borrow funds so he can expand. Yet so far, a Federal Reserve lending program set up...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 26, 2020. Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments. (AP Photo/Ahn Young-joon)

Stocks sink as virus cases jump, forcing states to backtrack

Jun. 26, 2020 5:36 PM EDT

Stocks on Wall Street fell sharply Friday as confirmed new coronavirus infections in the U.S. hit an all-time high, prompting Texas and Florida to reverse course on the reopening of businesses. The combination injected new jitters into a market that's been mostly riding high since April on hopes that the economy...

Nike, JPMorgan fall; Gap, CoreLogic rise

Jun. 26, 2020 4:24 PM EDT

Stocks that moved heavily or traded substantially on Friday: Nike Inc., down $7.73 to $93.67. The sneaker and apparel company reported a fiscal fourth-quarter loss as the pandemic shut down stores. Amazon.com Inc., down $61.71 to $2,692.87. The online retailer is buying self-driving technology company Zoox....

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 26, 2020. Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments. (AP Photo/Ahn Young-joon)

Asian stocks follow Wall Street higher on bank news

Jun. 25, 2020 11:29 PM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments. Benchmarks in Tokyo, Sydney and Southeast Asia advanced while Hong Kong declined. Chinese markets were closed for a holiday. Wall Street closed higher...

Maya Evans, right, toasts friend Tifffany Webster, 30, on Webster's 30th birthday during the first day of the city's phase two reopening from the coronavirus outbreak, Monday, June 22, 2020, on the Upper West Side of Manhattan in New York. Under phase two, the city's restaurants are allowed to serve patrons for outdoor dining with some precautions and restrictions. (AP Photo/Kathy Willens)

NYC takes 'biggest step' in reopening after virus crisis

Jun. 22, 2020 9:32 PM EDT

NEW YORK (AP) — New York City ventured into a crucial stage of reopening as stores let people in Monday, offices brought workers back, restaurants seated customers outdoors and residents both welcomed and worried about rebounding from the nation’s deadliest coronavirus outbreak. From Macy's...

FILE - In this June 6, 2020, file photo, a protester lies down for 8 minutes and 46 seconds during a protest at the Utah State Capitol in Salt Lake City. Utah lawmakers have taken a first step toward banning police officers from placing their knees on the necks of people being detained in the type of chokehold used by a Minnesota police officer in the death of George Floyd. (AP Photo/Rick Bowmer, File)

The Latest: Oregon deputies accused of pinning child by neck

Jun. 18, 2020 7:52 PM EDT

TOP OF THE HOUR: — Lawsuit: Oregon boy, 12, pinned to ground by deputies with knee to his neck. — Denver officer won't be prosecuted in fatal shooting of black man. — Utah lawmakers vote to ban knee-to-neck chokeholds by police. — University of Florida ending “gator bait”...

An electronic stock board showing Japan's Nikkei 225 index at a securities firm is seen at a street in Tokyo Wednesday, June 17, 2020. Major Asian stock markets declined Wednesday after Wall Street gained on hopes for a global economic recovery and Japan's exports sank. (AP Photo/Eugene Hoshiko)

Asian shares slip as global rally eases off the accelerator

Jun. 18, 2020 12:09 AM EDT

BANGKOK (AP) — Shares fell Thursday in Asia after another day of wobbly trading on Wall Street as markets eased off the accelerator following their big rally. Japan's Nikkei 225 shed 0.3% to 22,394.45 and the Hang Seng in Hong Kong also fell 0.3%, to 24,407.59. South Korea's Kospi slipped 0.2% to 2,137.69...

Treasury Secretary Steven Mnuchin speaks during a Senate Small Business and Entrepreneurship hearing to examine implementation of Title I of the CARES Act, Wednesday, June 10, 2020 on Capitol Hill in Washington. (Kevin Dietsch/Pool via AP)

House demands coronavirus loan info from Treasury, banks

Jun. 15, 2020 7:57 PM EDT

WASHINGTON (AP) — A House subcommittee investigating billions of dollars in coronavirus aid is demanding that the Trump administration and some of the nation's largest banks turn over detailed information about companies that applied for and received federal loans intended for small businesses. The...