Economists cautioned the decline may be due to winter storms and technical factors.
Read More US retail sales tumble in January; weekly jobless claims fallTag: jp morgan
Market bets for 2024 thrown into chaos by US recession conundrum
Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession.
Read More Market bets for 2024 thrown into chaos by US recession conundrumJP Morgan Settles $75M Epstein Sex-Trafficking Lawsuit
JPMorgan Chase has reached a settlement with the U.S. Virgin Islands and former executive Jes Stanley. The lawsuit alleged that the bank was aware, helped, and even benefited from Jeffrey Epstein’s trafficking of minors.
Read More JP Morgan Settles $75M Epstein Sex-Trafficking LawsuitJP Morgan fined for deleting 47 million emails
JP Morgan Chase will pay a $4 million fine to the U.S. Securities and Exchange Commission (SEC) to settle allegations that the bank accidentally deleted about 47 million emails dated from January until April 2018.
Read More JP Morgan fined for deleting 47 million emailsJP Morgan CEO and Elon Musk Meet with China, Raising Concerns
JP Morgan CEO Jamie Dimon and Tesla CEO Elon Musk both have recent meetings with China, as their relationship with the Communist nation raises concerns with Americans.
Read More JP Morgan CEO and Elon Musk Meet with China, Raising Concerns