Showing 1-10 of 21 results
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Fed begins talks that could herald end of rate hikes
Published on 02/05/2023
» WASHINGTON: The US Federal Reserve on Tuesday opened a two-day meeting to decide whether to raise its benchmark lending rate for a 10th — and possibly final — time to tackle rising prices.
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As in 2008, JPMorgan chief plays key role in bank rescue
AFP, Published on 18/03/2023
» NEW YORK: Consulted by policymakers and able to nudge his peers into action, JPMorgan Chase CEO Jamie Dimon played a key role in a bank rescue effort this week -- a situation sparking reminders of 2008.
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Biden Says No Short-Term Fix to High Energy, Grocery Prices
Business, Published on 03/06/2022
» President Joe Biden warned there was little the administration can do in the short term to lower high energy and food prices as the White House struggles to contain the fallout of sky-high inflation.
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Median CEO Pay Package Rose to $14.7 Million in 2021, a New High
Business, Published on 17/05/2022
» The median pay package for chief executives of the biggest U.S. companies reached $14.7 million in 2021, setting a sixth-straight annual record as strong profits and robust markets boosted performance measures.
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JPMorgan CEO Says 'Powerful Forces' Threaten U.S. Economy
Business, Published on 15/04/2022
» JPMorgan Chase & Co.'s pandemic boom ended with a 42% drop in profits and a warning: Rising inflation and the war in Ukraine pose big threats to the U.S. economy.
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JPMorgan Chase says US economy still solid, but risks rising
AFP, Published on 14/04/2022
» NEW YORK: JPMorgan Chase said the US economy remains on solid footing in the short term, but warned of heightened longer-term risks due to inflation and the Ukraine war as it reported lower quarterly profits.
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Capital One Is Latest Bank to Ditch Overdraft Fees
Business, Published on 03/12/2021
» Capital One Financial Corp. said it will stop charging customers overdraft fees, making it one of the largest banks to do so.
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Investors spooked by Covid news flee risky assets
Business, Published on 27/11/2021
» Recap: Global markets, from stocks to commodities, tumbled yesterday as news of a possibly vaccine-resistant Covid variant propelled investors to seek refuge in safe-haven assets including gold.
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Goldman Sachs Awards Executives One-Time Bonuses
Business, Published on 25/10/2021
» Goldman Sachs Group Inc. is giving CEO David Solomon and president John Waldron one-time stock bonuses designed to keep the executives at the helm of Wall Street's biggest bank.
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Better economy, merger boom boosts US bank earnings
AFP, Published on 14/07/2021
» NEW YORK: Profits at Goldman Sachs jumped amid a merger boom, while JPMorgan Chase's results were boosted by the impact of the recovering economy on loan quality, according to results released Tuesday.
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