Rep. Jamie Raskin, D-Md., on Sunday acknowledged that there are “very honest, and serious and rigorous conversations taking place” in the Democratic Party following President Joe Biden’s dismal performance at the presidential debate on Thursday. Raskin’s remarks are a break from what most top Democrats have said publicly in their defense of the president as […]
The leader of America’s biggest bank wants to see schools doing more to bring students up to pace with the working world, instead of leaving it to businesses to bridge the gap. Jamie Dimon has long been an advocate of getting younger people into well-paid positions, and believes schools should be monitored on whether their […]
Jamie Oliver’s son Buddy will teach children how to whip up simple meals in a new BBC cooking show. Cooking Buddies will see the 13-year-old share skills with a new friend as he shows them how to make a dish and they teach him one of their talents, including basketball, ice skating and salsa dancing. The […]
America’s public debt problem is no longer an issue which can be swept under the rug: Everyone from Wall Street veteran Jamie Dimon to Fed Chair Jerome Powell is sounding the alarm. But while some of the most influential figures in the economy are calling for an action plan, the government has continued to spend […]
JPMorgan Chase (NYSE: JPM) has been one of the best-performing bank stocks in recent memory. Over the past decade, shares have risen in value by 250%. Citigroup stock, by comparison, rose by just 27% over that time period. Many investors have gotten rich with JPMorgan stock and it’s a popular holding. CEO Jamie Dimon owns […]
Elon Musk and Jamie Dimon may be mending their nearly decade-long feud. Their strained relationship dates back to 2016, when JPM walked away from underwriting Tesla leases. Musk and Dimon recently talked on stage together at a JPMorgan summit. Elon Musk and Jamie Dimon seem to be putting a nearly ten-year feud behind them. The […]
Tesla CEO Elon Musk and JPMorgan CEO Jamie Dimon have not been on good terms in recent years, but that seems to be changing, according to the Wall Street Journal. Any improvement in their relationship could clear the way for the largest bank by market cap to do more business with billionaire Musk or his […]
ATMORE, Ala. (WKRG) — The Alabama Department of Corrections announced the execution of death row inmate Jamie Ray Mills was carried out on Thursday night. Mills was executed at the William C. Holman Correctional Facility in Atmore, and he was pronounced dead by a physician at 6:26 p.m. On Wednesday, Mills had six visitors and […]
When Jamie Dimon was backstage at a conference and heard a competitor crowing about taking on old JPMorgan branch leases and stealing the customers, he vowed it would never happen again. That’s why the CEO of America’s biggest bank, at one point, decided to personally rubber-stamp or veto every branch closure to ensure the institution […]
Jamie Dimon, CEO of JPMorgan ChaseAlex Brandon/AP “There could be hell to pay” if private credit markets wobble, Jamie Dimon said. He warned that there are bad actors in the industry, and they’ll likely be the source of any issues. “I don’t think it’s systemic, but I do expect there to be problems.” JPMorgan Chase […]
The U.S. economy is the most powerful and formidable in the world—and lots can be done to improve it. While economists focus on inflation and interest rates and politicians consider options through the lens of an election year, there’s a worrying trend that needs reversing if we are to maintain U.S. dominance and continue enjoying […]
Jamie Dimon made it clear last week that he sees an end to his time as boss of the biggest US bank, putting a new spotlight on key deputies who are considered front runners for his job. The disclosure came during JPMorgan Chase’s (JPM) annual investor day in Manhattan, where analysts and bank followers gathered […]