Jamie Dimon

Jamie Dimon attacks stopping oil and gas production in the US

JPMorgan Chase CEO Jamie Dimon said slamming the brakes on new oil and gas production “would be the road to hell for America” ​​after Rep. Rashida Tlaib asked him to divest in oil. Part of the Congressional hearing focused on gas and oil companies’ production. TANNEN MAURY/EPA-EFE/Shutterstock Dimon’s comments came during a House hearing where …

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Inflation, Rate Hikes And JPMorgan Earnings: Forbes AI Newsletter

AFP via Getty Images TLDR: Fake inflation report circulates before the official announcement of 9.1% CPI in the year to June Further Fed rate hikes expected, with some analysts predicting a 1.00 percentage point increase to 2.75% at the end of July The Q2 earnings season has begun with Wall Street bellwether JPMorgan announcing a …

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Massive Wall Street layoffs feared as banking profits tank

Wall Street spent the past year binging on bankers. Get ready for the Big Puke. Whispers of hiring freezes and even layoffs have begun to circulate at financial firms as soaring interest rates and recession fears have tanked appetites for mergers, IPOs and other big corporate deals, sources told The Post. At an industry luncheon …

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