Latest Jamie Dimon News

Costco successfully defends its diversity policies as other US companies scale theirs back

Jan. 23, 2025 18:35 PM EST

NEW YORK (AP) — Costco shareholders rejected a proposal urging the wholesale club operator to evaluate any risks posed by its diversity, equity and inclusion practices. According to preliminary results shared by Costco executives at its annual meeting Thursday, more than 98% of...

The head of a federal agency for consumers has packed up his office. But will Trump fire him?

Jan. 22, 2025 17:11 PM EST

WASHINGTON (AP) — The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, text — anything, really — from the Trump administration that might say if he's getting fired. After all, Chopra is a Biden administration...

JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024

Jan. 15, 2025 11:18 AM EST

WASHINGTON (AP) — JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year as businesses and consumers continued to spend despite elevated...