Republican Donald Trump surged ahead of Democratic Presidential Candidate Kamala Harris in one of the most highly anticipated US elections in the country’s history. Trump’s reelection as the 47th US President has already triggered a bullish wave in the US stock markets, as benchmark indices like the S&P 500, Nasdaq, and Dow Jones Futures gained … Read more
If you noticed, some of the biggest names in finance are starting to run away from their initial support of Kamala Harris. It’s not that they’ve seen the light and are ready to embrace Donald Trump’s MAGA agenda. Rather they’ve seen the poll numbers (they pay up for the real ones the public isn’t privy … Read more
Senator proposes new bill to curb financial elder abuse. Alice Lin 80-year-old Alice Lin was tricked into wiring her life savings of $720,000 to an online scammer in August 2022. The grave situation made the Southern California widow contemplate suicide. However, Lin, who also takes care of her disabled son, decided to fight back for … Read more
Jamie Dimon fashions himself the “least woke person you will ever meet,” his colleagues say. Unlike so many other CEOs, the JPMorgan boss will tell anyone who listens he is immune from the woke proselytizing from advocacy groups like the Human Rights Campaign, stuff that is forcing much of corporate America to cave to the … Read more
JPMorgan Chase CEO Jamie Dimon is asking current presidential candidates to unite the U.S. in a new op-ed, without officially endorsing Donald Trump or Kamala Harris. Dimon published an op-ed in the Washington Post on Friday titled “Our next president must restore our faith in America” and urged the next President to win over all … Read more
JPMorgan Chase will restrict customers from using its credit cards to fund controversial “buy now, pay later” loans. Starting October 10, the US-based Investment banking company will decline credit card payments for instalment plans offered by companies like Klarna, Affirm, and AfterPay. Chase has been notifying customers about the impending change and advising them to … Read more
Even if an automaker survives bankruptcy proceedings, the restructured entity may no longer support the vehicles it previously produced. Owners of the Fisker Ocean could find themselves in this predicament, but they are banding together to defend their interests and fix the troubled electric crossover’s problems. I Need A Sleek And Fast Car To Replace … Read more
Former hedge fund manager and host of the CNBC show “Mad Money,” Jim Cramer, strives to help people think like professional investors and, in early July, named several companies that can reach a market capitalisation of $1 trillion. Cramer nominated pharma giant (1) Eli Lilly (NYSE: LLY) and (2) EV maker Tesla (NASDAQ: TSLA) as … Read more
According to the old cliché, opposites attract. And there may be no greater example of this than the odd, interesting, and for the country beneficial relationship between Larry Fink and Donald Trump. Yes, you read that right. Fink and Trump. A match made in heaven? No, to be more precise, made on Wall Street, with … Read more
JPMorgan Chase CEO Jamie Dimon challenges traditional hiring practices, arguing skills matter more than past mistakes, as his company embraces second chances for ex-felons – and hires them. With over 240,000 employees, America’s largest bank, JPMorgan, is committed to recruiting talent from various backgrounds, including those with criminal records. In a recent LinkedIn interview, CEO … Read more
