Latest JPMorgan Chase & Co News

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 23, 2020. Asian shares are mostly higher as health authorities around the world move to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. (AP Photo/Ahn Young-joon)

Asian shares higher despite growing impact of China virus

Jan. 23, 2020 12:42 AM EST

BANGKOK (AP) — Asian shares were mostly higher Thursday as health authorities around the world moved to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. China and other nations have ramped up screenings for fever on aircraft and at airports in measures that...

U.S. President Donald Trump and Ivanka Trump, right, arrive at the World Economic Forum in Davos, Switzerland, Wednesday, Jan. 22, 2020. The 50th annual meeting of the forum is taking place in Davos from Jan. 21 until Jan. 24, 2020. (AP Photo/Markus Schreiber)

The Latest: WTO chief says debate over trade rules will last

Jan. 22, 2020 1:31 PM EST

DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 7:25 p.m. The head of the World Trade Organization says an ongoing debate over special exemptions granted to China and India because they are still considered developing countries “is not going...

French President Emmanuel Macron delivers a speech as he visits a plant of British-Swedish pharmaceutical group Astrazeneca in Dunkirk, northern France, Monday, Jan. 20, 2020. French President Emmanuel Macron is hosting 180 international business leaders later today at the Palace of Versailles in a bid to promote France's economic attractiveness despite over six weeks of crippling strikes over his government's planned pension changes.(Denis Charlet/Pool Photo via AP)

France's Macron tells global CEOs: we're open for business

Jan. 20, 2020 10:01 AM EST

PARIS (AP) — France's president is taking on the role of salesman in chief for his strike-battered country. Emmanuel Macron used the splendor of the Palace of Versailles to woo international business leaders on Monday, insisting that his reforms are attracting investors despite six weeks of crippling...

FILE - In this Jan. 2, 2020, file photo traders monitor stock prices at the New York Stock Exchange. Over the next few weeks, companies across the country will be telling investors how much profit they made in the last three months of 2019. (AP Photo/Mark Lennihan, File)

CEOs got a pass in 2019, but they need to grow profits soon

Jan. 16, 2020 2:00 PM EST

NEW YORK (AP) — CEOs, you get one more mulligan. Over the next few weeks, companies across the country will be telling investors how much profit they made in the last three months of 2019. Analysts along Wall Street are setting expectations very low, again. They're forecasting a fourth-straight quarter of...

FILE - In this Tuesday, Oct. 18, 2011, file photo, the Morgan Stanley logo is displayed on its Times Square building, in New York. Morgan Stanley reports financial results Thursday, Jan. 16, 2020. (AP Photo/Mark Lennihan, File)

Morgan Stanley's 4Q profits jump, helped by trading boost

Jan. 16, 2020 8:52 AM EST

NEW YORK (AP) — Morgan Stanley's fourth-quarter profits jumped 46% from a year earlier, the company said Thursday, helped by a massive boost from the bank's trading desks. The investment bank said it earned a profit of $2.24 billion, or $1.30 per share, compared with a profit of $1.53 billion, or 80 cents...

FILE - In this Oct. 14, 2019, file photo a Bank of America logo is attached to the exterior of the Bank of America Financial Center building in Boston. Bank of America reports financial results Wednesday, Jan. 15, 2020. (AP Photo/Steven Senne)

Bank of America 4Q profits fall with lower interest rates

Jan. 15, 2020 8:48 AM EST

NEW YORK (AP) — Consumer banking giant Bank of America said Wednesday that its fourth-quarter profits fell 4% from a year ago, as the bank was impacted by the rapid decline of interest rates in late 2019. The Charlotte, North Carolina-based bank said Wednesday that it earned a profit of $6.99 billion, or...

A currency trader talks on the phone at the foreign exchange dealing room in Seoul, South Korea, Wednesday, Jan. 15, 2020. Asian shares have retreated as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. (AP Photo/Lee Jin-man)

World shares slip on jitters over China-US trade deal

Jan. 15, 2020 7:57 AM EST

BANGKOK (AP) — World shares were mostly lower on Wednesday as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. Britain's FTSE 100 edged 0.1% higher to 7,632, while the CAC 40 in Paris was down 0.2% at 6,028. In Germany, the DAX lost 0.2% to...

A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Wednesday, Jan. 15, 2020. Asian shares have retreated as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. (AP Photo/Lee Jin-man)

Asian shares decline on revived jitters over trade deal

Jan. 15, 2020 2:59 AM EST

BANGKOK (AP) — Shares retreated in Asia on Wednesday as conflicting reports raised concerns over the likely outcome of a trade deal to be signed by the U.S. and China. Japan's Nikkei 225 index lost 0.5% to 23,916.58 while the Hang Seng in Hong Kong dropped 0.6% to 28,722.86. The Shanghai Composite index...

How major US stock indexes fared Tuesday

Jan. 14, 2020 5:05 PM EST

Stock indexes closed unevenly on Wall Street Tuesday as losses in technology companies outweighed gains elsewhere in the market. A published report indicating that an interim trade deal between the U.S. and China due to be signed Wednesday does not remove tariffs on Chinese goods weighed on the market. Investors...

Delta, JPMorgan rise; GameStop, Boston Scientific fall

Jan. 14, 2020 4:43 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday: Delta Air Lines Inc., up $1.96 at $61.45. The airline beat Wall Street's fourth-quarter profit forecasts following a strong holiday travel season. GameStop Corp., down 72 cents at $4.71. The video game retailer's sales plunged...