J.P. Morgan Asset Management is making a bullish call on an underinvested market group: high-quality fixed income. Priya Misra, a portfolio manager at the firm, sees a once in a generation opportunity for investors. “You can actually take credit risk in the highest quality companies and still get [a] 6.5% [yield], Misra told CNBC’s “ETF…
President Donald Trump on Friday asked the Department of Justice to investigate relationships between notorious sex offender Jeffrey Epstein and former President Bill Clinton, JPMorgan Chase, former Treasury Secretary Larry Summers, billionaire tech investor Reid Hoffman, and others. Attorney General Pam Bondi said later Friday that she had appointed Jay Clayton, the U.S. attorney for…
JPMorgan Chase on Monday said it is launching a decade-long plan to help finance and take direct stakes in companies it considers crucial to U.S. interests. The bank said in a statement it would invest up to $10 billion into companies in four areas: defense and aerospace, “frontier” technologies including AI and quantum computing, energy…
JPMorgan Chase CEO Jamie Dimon said that a Labor Department report released Tuesday confirmed that the U.S. economy is slowing down. The department revised lower its nonfarm payrolls data for the year through March 2025 by 911,000 jobs from initial estimates. That was on the high side of Wall Street’s expectations for a downward shift…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the Institute of International Finance (IIF) during the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024. Kent Nishimura | Bloomberg | Getty Images JPMorgan Chase says fintech middlemen — the companies that have helped a…
Jamie Dimon, CEO of JP Morgan Chase, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC JPMorgan Chase on Tuesday topped analysts’ estimates on better-than-expected revenue from fixed income trading and investment banking. Here’s what the company reported: Earnings: $5.24 a share, may…
