The Latest Breaking News from JPMorgan

Carvana stock is racing to new highs this year. So, is now the time to buckle in or hit the brakes?

JPMorgan Chase Co. has moved up its forecast for the first Federal Reserve rate cut to September, abandoning its previous December timeline as labor market data weakens and political dynamics shift within the central bank.

Shares of JPMorgan Chase Co. (NYSE:JPM) and Bank of America Inc. (NYSE:BAC) are trading lower Tuesday after President Donald Trump claimed the two banks discriminated against him by refusing to accept large deposits.

Standard Chartered CEO Bill Winters told Bloomberg: “We work with adults, and the adults can have an adult conversation with other adults and decide how they’re going to best manage their team.”

“This implies that the weak gains in payrolls in recent months might have something to do with the supply of labor.”

“Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall.”

"In episodes when labor demand slides with a growth downshift, it is often a precursor to retrenchment."

Mastercard Inc. (NYSE:MA) reported stronger-than-expected second-quarter results on Thursday, prompting a wave of upward revisions from Wall Street analysts who cited accelerating growth in value-added services (VAS) and solid international volume trends as key drivers of future performance.

Could Apple Inc.‘s (NASDAQ:AAPL) surprise quarter be a turning point in the tech race, or is the giant simply playing catch-up with its AI-savvy rivals? Apple analysts highlight a better than expected quarter from the tech giant with third quarter results beating estimates and showing strength for products and services.