80-Year-Old Californian Contemplates Suicide After Losing $720K Life Savings To Scammer

80-Year-Old Californian Contemplates Suicide After Losing 0K Life Savings To Scammer

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 may not show it, but JPMorgan has gone ‘woke’

Jamie Dimon may not show it, but JPMorgan has gone ‘woke’

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

Jamie Dimon’s Policy Advice for Donald Trump, Kamala Harris

Jamie Dimon’s Policy Advice for Donald Trump, Kamala Harris

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

Chase Credit Card To Ban ‘Buy Now, Pay Later’ Schemes Starting Oct. 10 – Here’s Why

Chase Credit Card To Ban ‘Buy Now, Pay Later’ Schemes Starting Oct. 10 – Here’s Why

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

Fisker Ocean Owners Creating Homemade Fixes Amid Automaker’s Bankruptcy

Fisker Ocean Owners Creating Homemade Fixes Amid Automaker’s Bankruptcy

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

Jim Cramer Names Six Companies That May Enter the Trillion-Dollar Stock Club

Jim Cramer Names Six Companies That May Enter the Trillion-Dollar Stock Club

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

Trump’s odd (and interesting) relationship with the money manager who has his ear

Trump’s odd (and interesting) relationship with the money manager who has his ear

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

‘If You Paid Your Debt To Society, You Should Be Allowed To Work’: JP Morgan CEO On Why He Hires Ex-felons

‘If You Paid Your Debt To Society, You Should Be Allowed To Work’: JP Morgan CEO On Why He Hires Ex-felons

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

JPMorgan warns customers they may have to pay for checking accounts

JPMorgan warns customers they may have to pay for checking accounts

A top JPMorgan Chase executive warned the bank’s 86 million customers that their currently free checking accounts may soon carry a fee, according to a report. Marianne Lake, CEO of consumer and community banking at JPMorgan Chase, pinned blame for potentially the added burden on Washington regulators — who have pushed an $8 cap on … Read more

JPMorgan’s China bear turns bullish, finds ‘20 to 25 pc upside’ in nation’s tech stocks

JPMorgan’s China bear turns bullish, finds ‘20 to 25 pc upside’ in nation’s tech stocks

Chinese tech shares have raced ahead of earnings, and investors expect companies to deliver in an improving economy before buying more stock, according to an analyst who once questioned the sector’s investibility. “We are still looking at roughly 20 per cent to 25 per cent of share price upside,” given improving cost structure and less … Read more