Latest Jamie Dimon News

Big banks warn of uncertain year ahead after mixed financial performances in the first quarter

Apr. 12, 2024 12:24 PM EDT

NEW YORK (AP) — Big banks warned of an “uncertain” year ahead after mixed financial results during the first quarter in an environment of stubbornly high inflation and geopolitical clashes in Europe, the Middle East and elsewhere. JPMorgan reported a modest 6% rise in profits...

Taiwan Semi, Spirit Airlines rise; Paramount Global, Occidental Petroleum fall, Monday, 4/8/2024

Apr. 08, 2024 16:24 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday: Taiwan Semiconductor Manufacturing Co., up $1.43 to $142.79. The White House pledged to provide up to $6.6 billion for the chipmaker to expand facilities in Arizona. ...

JPMorgan's Dimon warns inflation, political polarization, wars creating risks not seen since WWII

Apr. 08, 2024 11:24 AM EDT

NEW YORK (AP) — The nation’s most influential banker, JPMorgan Chase CEO Jamie Dimon, told investors Monday that he continues to expect the U.S. economy to be resilient and grow this year. But he worries geopolitical events including the war in Ukraine and the Israel-Hamas war, as well as U.S....