Why did Moody’s downgrade US credit rating?
How will Regeneron’s 23andMe acquisition impact biotech?
What caused global stocks to slide today?
Why is Walmart warning about price increases?
How are Trump tariffs affecting US businesses?
What’s behind Nvidia’s AI supercomputer plans?
Why did Capital One acquire Discover?
How is Biden’s cancer diagnosis affecting markets?
What triggered Spain’s Airbnb listing blocks?
JPMorgan says charge-offs in card portfolio could be higher in 2026
finance.yahoo.com/news/jpmorgan-says-charge-offs-card-103602818.html
JPMorgan Chase said on Monday that it was estimating the card services net charge-off rate, which represents the proportion of credit card debt the bank does not expect to collect, to be between 3.6% and 3.9% for 2026.
That is higher than the 3.6% net charge-off rate the bank is…
This story appeared on finance.yahoo.com, 2025-05-19 10:36:02.