Dimon said the worst outcome for the U.S. economy will be a “stagflation” scenario, where inflation continues to rise, but growth slows amid high unemployment.
Category: Finance News
This ETF aims to capture China’s own ‘Magnificent Seven’
Roundhill Investments’ Lucky Eight ETF aims to track China’s most innovative names in tech.
Stocks making the biggest moves after hours: Nvidia, Snowflake, VF Corp. and more
See which stocks are posting big moves after the bell.
Wealth Tax and the Next Great Migration
As over a dozen states consider tax hikes on the wealthy, the debate over what happens when the ultra-wealthy decamp for more tax-friendly parts of the country is reaching a crescendo. CNBC Wealth Reporter Robert Frank speaks with Tax Foundation’s Jared Walczak about the “millionaire tax flight” and Bess Freedman, CEO of Brown Harris Stevens… Continue reading Wealth Tax and the Next Great Migration
These are the 3 big risks to the stock market, economist says
Federal Reserve policy, a surprise recession and disappointing future earnings for companies like Nvidia could rein in the stock euphoria, one analyst said.
Federal Reserve minutes indicate worries over lack of progress on inflation
The Federal Reserve on Wednesday released minutes from its April 30-May 1 policy meeting.
Fintech nightmare: ‘I have nearly $38,000 tied up’ after Synapse bankruptcy
Synapse is as a middle-man between customer-facing fintech brands and FDIC-backed banks, but it’s had disagreements about how much in customer balances it owed.
Stocks making the biggest moves midday: Target, Urban Outfitters, Tesla, Shopify and more
These are some of the stocks posting the largest moves in midday trading.
Stocks making the biggest moves premarket: Target, Lululemon, Shopify and more
These are some of the stocks posting the largest moves in premarket trading.
CFPB says buy now, pay later firms must comply with U.S. credit card laws
The buy now, pay later market is dominated by fintech firms like Affirm, Klarna and PayPal.