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This is why Jamie Dimon is so gloomy on the economy

JPMorgan Chase CEO Jamie Dimon has regularly warned that the U.S. economy faces perils, but even as he sounds the alarm, his bank is doing better than ever.

Published 30 May 2025
Categorised as Finance News

Daniel Loeb’s next task as his hedge fund turns 30: Avoiding becoming ‘AI roadkill’

“You’ll either be a beneficiary of AI or AI roadkill. So I think we all need to do our best to not be the latter,” Loeb said.

Published 30 May 2025
Categorised as Finance News

Hamptons summer rentals cool off: Here’s why

CNBC’s Robert Frank joins ‘Squawk Box’ with the latest news.

Published 30 May 2025
Categorised as Finance News

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

The personal consumption expenditures price index was expected to show a 2.2% annual rate in April.

Published 30 May 2025
Categorised as Finance News

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

The personal consumption expenditures price index was expected to show a 2.2% annual rate in April.

Published 30 May 2025
Categorised as Finance News

German inflation eases to hotter-than-expected 2.1% in May

Economists polled by Reuters had expected the German harmonized consumer price index to come in at 2%.

Published 30 May 2025
Categorised as Finance News

Hamptons summer rentals cool off: Here’s why

CNBC’s Robert Frank joins ‘Squawk Box’ with the latest news.

Published 30 May 2025
Categorised as Finance News

Trump tariffs would still ‘pinch’ consumers even if trade court block holds, economist says

Tariffs on automobiles, steel and aluminum would cost households nearly $1,000 this year, on average, even if country-specific duties are blocked in court.

Published 30 May 2025
Categorised as Finance News

Trump tariffs would still ‘pinch’ consumers even if trade court block holds, economist says

Tariffs on automobiles, steel and aluminum would cost households nearly $1,000 this year, on average, even if country-specific duties are blocked in court.

Published 30 May 2025
Categorised as Finance News

U.S.-China talks ‘a bit stalled’ and need Trump and Xi to weigh in, Treasury Secretary Bessent says

U.S.-China trade talks are “a bit stalled,” requiring the two countries’ leaders to speak directly, Treasury Secretary Scott Bessent told Fox News.

Published 30 May 2025
Categorised as Finance News

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