Jamie Dimon thinks he knows why people are so gloomy about the economy

businessinsider.com JPMorgan CEO Jamie Dimon. Brian Snyder/Reuters The bottom 20% of American earners have been left out of the economic boom, Jamie Dimon said. Their incomes have hardly budged…

The US economy may be barrelling towards stagflation, an outcome worse than recession

uk.finance.yahoo.com None The first-quarter GDP report surprised investors with disappointing growth, while consumer prices kept rising. • None The provides the backdrop for stagflation, which…

JPMorgan Chase CEO Jamie Dimon says Bidenomics is only ‘partially’ working as many Americans aren’t feeling ‘lifted up by this economy’

aol.com President Biden’s economic record has been under the microscope with the 2024 election fast approaching, and multiple recent polls showing that the economy is one of the…

That soft landing is suddenly looking rocky

morningbrew.com Cheers for the Fed’s successful pillow-soft landing might’ve been premature. New GDP numbers out yesterday show a worrying combo of stubborn inflation + waning growth that…

Watch the Full Interview

wsj.com JPMorgan Chase CEO Jamie Dimon discusses his concerns about the future of the economy, the effect of overseas wars and the importance of U.S. leadership in a wide-ranging…

The economy seems weaker than advertised, and inflation is still running hot

finance.yahoo.com Economists were thrown for a loop on Thursday after new data revealed evidence of persistent inflation and a growth downshift in the U.S. Real gross domestic product (GDP)…

Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare

aol.com For the past few years, the US economy has been growing at a pace that seemed too good to be true. So, at first glance, Thursday’s gross domestic product report showing the…

Bank Of America Thinks '2024 Is Starting To Look Like 2015 But In Reverse' While Jamie Dimon Warns 2024 Looks Like The 1970s

finance.yahoo.com Bank of America Corp. (NYSE:BAC) analysts recently released a note predicting that the Federal Reserve will only cut rates once this year, compared with their previous…

JPMorgan Chase CEO Jamie Dimon says Bidenomics is only 'partially' working as many Americans aren’t feeling 'lifted up by this economy'

fortune.com President Biden’s economic record has been under the microscope with the 2024 election fast approaching, and multiple recent polls showing that the economy is one of the…

Jamie Dimon is skeptical about the odds of a 'soft landing'

aol.com JPMorgan Chase CEO on Thursday cautioned that markets are too optimistic about the odds of a soft landing as the U.S. economy continues to battle still-high inflation and…

Dow falls by 450 points after GDP report

cnn.com US stocks were lower Thursday afternoon after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than…

The economy seems weaker than advertised and inflation is still running hot

fortune.com Economists were thrown for a loop on Thursday after new data revealed evidence of persistent inflation and a growth downshift in the U.S. Real gross domestic product (GDP)…

Jamie Dimon says the US has less than 50% odds of nailing a soft landing: 'Don't get lulled into a false sense of security'

aol.com None Markets are too optimistic about a soft landing, JPMorgan chief Jamie Dimon told The Wall Street Journal. • None He expects soft landing odds to be half of what markets…

Dow sinks 680 points after GDP report shows a slowing economy amid stubborn inflation

aol.com US stocks sank Thursday morning after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected.…

CNBC's Inside India newsletter: A $270 billion gamble on green?

cnbc.com With Elon Musk deciding to stay home to deal with a high-pressure earnings report, India PM Narendra Modi is still waiting for his meeting with the Tesla boss. But even if…

Millennials are a lot better off financially than you may realize

aol.com None This post originally appeared in the Insider Today newsletter. • None You can sign up for Business Insider's daily newsletter here. Almost Friday! Flight delays and…

5 people tasked with helping Alabama woman — as live-in caretakers, cleaners and hairdressers

aol.com An elderly woman who received full-time care in her Birmingham, Alabama home due to medical issues was allegedly defrauded of more than $200,000 by the people supposed to…

JPMorgan CEO Jamie Dimon Gives a Soft Landing Long Odds

wsj.com Jamie Dimon says the U.S. consumer is in good shape right now, but a huge fiscal deficit and geopolitical challenges make him cautious about the future. He sits down with…

Jefferies CEO Sells $65 Million in Stock for Luxury Yacht: Splurging or Signaling?

dailybusinessupdates.com Rich Handler, the CEO of Jefferies, sold off $65 million of his company stock to splash out on a luxury yacht. He bought a Westport 164 yacht from his buddy and Jefferies…

'You guys need to get off the internet': Dave Ramsey cuts through Colorado man's 'conspiracy' theory about a housing market crash. Here are the facts

aol.com Online misinformation and economic anxiety is a dangerous combination. Stuck deep in the rabbit hole, Shane from Denver, Colorado, and his wife are concerned the housing…

Jefferies CEO sold $65 million in stock to buy a yacht from a client

aol.com None He's buying a Westport 164 from his friend and Jefferies client Tilman Fertitta. • None Handler isn't planning any more stock sales, he said on Wednesday. Jefferies CEO…

The Worst Part of a Wall Street Career May Be Coming to an End

nytimes.com Artificial intelligence tools can replace much of Wall Street’s entry-level white-collar work, raising tough questions about the future of finance. The Worst Part of a Wall…

JPMorgan’s Jamie Dimon can’t shake the worry America is headed for a repeat of 1970s-style stagflation

fortune.com Wall Street stalwart Jamie Dimon is concerned history may be repeating itself with the U.S. economy returning to the embedded stagflation it battled 50 years ago. Speaking…

S&P 500 is at risk of crashing 44%

finance.yahoo.com None The S&P 500 is at risk of plunging 44% to around a four-year low, Paul Dietrich said. • None The top strategist explained that selling stocks well before they crash can…

JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank

cnbc.com JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms,…

Goldman's David Solomon survives vote on CEO-chair split

aol.com David Solomon defeated a shareholder proposal seeking to separate his roles as CEO and chairman of Goldman Sachs (GS), but the measure received double the support it did in…

Jamie Dimon warns world order is being challenged, bashes crypto again

businessinsider.com By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time. Access your favorite topics in a personalized feed while you're on…

Stock market today: US stocks rise with tech sector gaining amid earnings

aol.com None US stocks rose on Wednesday as traders took in corporate earnings reports. • None Tech stocks have gained, with Tesla popping over 10% in early morning trading. • None…

‘A scary thought’: New data shows 63% of Americans are more afraid of running out of money than dying

aol.com Disclaimer: We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links.…

Microsoft billionaire Steve Ballmer’s son has ‘sixth sense’ for when people are using him

aol.com You may not think you have anything in common with the 29-year-old stand-up comedian son of a billionaire, but it turns out Pete Ballmer may have a few tips for all of us…

Jamie Dimon fears for the future of the free world and US debt

aol.com A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the…

Jamie Dimon warns the world order is being challenged

aol.com None US consumer finances are solid but economic and geopolitical risks are looming, Jamie Dimon said. • None The JPMorgan CEO warned sticky inflation, more interest-rate…

5 retirement money moves you can make right now to secure your nest egg

aol.com We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Whether you…

Once the West Coast’s crown jewel, San Francisco’s real estate market is crashing

nypost.com San Francisco, once the crown jewel of the West Coast, is now teetering on the brink of collapse — and it seems like nobody is sounding the alarm. The city’s housing market,…

Wall Street’s top bosses tested by shareholder proposals to strip them of power

aol.com Some of Wall Street’s most powerful bosses are facing new proposals this spring that would strip them of power by separating their CEO and chairman seats. Shareholders at…

JPMorgan CEO Dimon says US economy is booming

finance.yahoo.com JPMorgan Chase CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment and healthy consumer finances. The U.S. economic boom is…

Jamie Dimon is worried the US economy is headed back to the 1970s

finance.yahoo.com CEO Jamie Dimon is concerned the US economy could be in for a repeat of the problems that hampered the country during the 1970s. "Yes, I think there’s a chance that can…

Jamie Dimon says US economy is ‘unbelievable’ and booming

nypost.com JPMorgan Chase CEO Jamie Dimon expressed confidence on Tuesday in a robust US economy backed by strong employment and healthy consumer finances. The US economic boom is…

JPMorgan Chase CEO Jamie Dimon Says US Economic Boom ‘Unbelievable’

pymnts.com JPMorgan Chase CEO Jamie Dimon reportedly said Tuesday (April 23) that the U.S. economic boom is “unbelievable.” Speaking at an event at The Economic Club of New York, Dimon…

Jamie Dimon: ‘I want to help my country’

thehill.com JPMorgan Chase CEO Jamie Dimon on Tuesday was noncommittal when asked about serving in government after he leaves the company, instead maintaining he wants to "help" his…