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Financial News Around the World

JPMorgan Chase shares drop nearly 7% after bank tempers guidance on net interest income

JPMorgan Chase shares plummeted after the bank gave

Published 10 September 2024
Categorised as Finance News

Federal Reserve unveils toned-down banking regulations in victory for Wall Street

Bank CEOs led by JPMorgan Chase CEO Jamie Dimon have lambasted the proposed Basel Endgame regulation since it was unveiled last year.

Published 10 September 2024
Categorised as Finance News

Jamie Dimon says ‘the worst outcome is stagflation,’ a scenario he’s not taking off the table

The CEO of the biggest U.S. bank says he sees a raft of inflationary forces on the horizon, including higher deficits and increased infrastructure spending.

Published 10 September 2024
Categorised as Finance News

It’s not always ‘a sexy thing’ to be a millionaire, former NFL linebacker Brandon Copeland says. Here’s why

Brandon Copeland is a former NFL player turned financial coach. He wrote a new book that serves as a personal finance “playbook.”

Published 10 September 2024
Categorised as Finance News

Stocks making the biggest moves before the open: Apple, Oracle, Boot Barn, Mission Produce and more

These are some of the stocks posting the largest moves in premarket trading.

Published 10 September 2024
Categorised as Finance News

Sales of $10 million homes surge in Palm Beach and New York

The number of homes that sold for $10 million or more in the second quarter jumped 44% in Palm Beach and 16% in New York, according to Knight Frank.

Published 10 September 2024
Categorised as Finance News

Britain does a bad job at keeping globally relevant tech firms, former Arm CEO says

Warren East, who led Arm between 1994 and 2013, said that too often tech firms in Britain move their operations overseas or list elsewhere abroad.

Published 10 September 2024
Categorised as Finance News

‘Spook the West’: Turkey’s bid for BRICS both a strategic and symbolic step, analysts say

BRICS is seen by some as a symbolic counterweight to Western-led organizations like the EU, the G7 and even NATO.

Published 10 September 2024
Categorised as Finance News

Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business

In late 2022, Goldman Sachs began to pivot away from its consumer operations, beginning a series of write-downs related to selling chunks of the business.

Published 9 September 2024
Categorised as Finance News

Stocks making the biggest moves midday: Palantir Technologies, Summit Therapeutics, JetBlue Airways and more

These are the stocks posting the largest moves in midday trading.

Published 9 September 2024
Categorised as Finance News

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