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The Latest Breaking News from JPMorgan

US Auto Industry Stunned By Tariffs Meant To Save It

The 25 percent tariffs on automobiles announced by President Donald Trump are meant to revitalize American industry, but Detroit's giants were stunned Thursday by their scale and faced a beating on Wall Street.

International Business Times

Shares of GM and other automakers slump following Trump tariffs, with Tesla the exception

Automaker stocks slumped following President Donald Trump’s announcement that he will place 25% tariffs on auto imports

The Independent UK

This Tech Stock Is Up 55% Over the Past Year and Analysts Say It’s Primed to Survive an Economic Storm

Netflix has defied market turbulence, surging nearly 9% YTD.

Barchart

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Moelis & Co. Joins The RTO Stampede, Forcing Staff Back To Desks As Wall Street Wobbles

Moelis & Co. is asking its employees to return to the office full-time, shifting away from the hybrid schedule established during the pandemic.

International Business Times UK

In closing remarks, prosecutor says Frank founder lied to JPMorgan Chase to secure $175 million deal

A prosecutor says a Florida woman engaged in a “brazen fraud” by selling her student aid startup to JPMorgan Chase & Co. for $175 million after dramatically exaggerating its customer base

The Independent UK

The recession could either speed up or slow down when you get your inheritance—experts say these are the huge deciding factors

Financial experts say that goals tied to gifting, recession timing, and asset liquidity will all matter in the $84 trillion great wealth transfer.

Fortune

Wells Fargo Says This Unlikely Company Could Be the Next Nvidia Stock. Should You Buy It Now?

With JPMorgan hailed as the “Nvidia of banking” by Wells Fargo, is now the time to jump in on this dividend-paying bank stock?

Barchart

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Stock Index Futures Soar on Hope of Targeted U.S. Tariffs

June S&P 500 E-Mini futures (ESM25) are up +0.97%, and June Nasdaq 100 E-Mini futures (NQM25) are up +1.14% this morning, with investors hopeful that the next wave of U.S. President Donald Trump’s tariffs will be less severe than previously signaled.

Barchart

Stock Index Futures Soar on Tariff Optimism, U.S. PCE Inflation Data Awaited

Barchart

JPMorgan CEO Jamie Dimon says he will stay CEO ‘a few more years’—and promises ‘no swearing this time’ at latest town hall

Fortune

Stock Market Today: Stocks Struggle After Big Fed Gains

An unexpected rise in existing home sales couldn't save stocks on Thursday.

Kiplinger

Despite Downturns, Analysts Say These 4 Financial Stocks Are Buys

Financial stocks are taking a tumble as the S&P 500 pushes into correction territory. Despite this, these stocks maintain solid fundamentals for the long-term.

MarketBeat

Retirement Savings on Track? How Much You Should Have by 55 and 60

See how your retirement savings stack up compared to this Wall Street guide, ranked by age and income.

Kiplinger

JPMorgan Says Tesla's About To Have A Bad Time

I think anyone involved in the auto industry in some way is kind of burnt out with the constant changes that are now the hallmark of the second Trump administration. A lot of these changes seem to be at the behest of Elon Musk himself, either directly through President Donald…

InsideEVs

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Fortune

UBS tells staff to choose between coming to the office on a Monday or Friday

UBS staff will have to come into the office on either a Monday or a Friday as the bank tries to better manage its space.

Fortune

Tesla's fall from grace may have no equal, says JPMorgan: 'We struggle to think of anything analogous'

Amid a historic backlash against Tesla, the bank slashed its Q1 delivery forecast to just 355,000 vehicles and reduced its price target to $120 per share.

Evening Standard

Jes Staley admits having sex with Jeffrey Epstein staff member at paedophile's brother's New York apartment

Ex-Barclays boss said he was introduced to the woman by Jeffrey Epstein, the encounter was consensual and that ‘she was a part of his staff as I recall’

The Independent UK

JPMorgan CEO Jamie Dimon accuses ‘people in the middle’ of being the only ones against his RTO policy

Hybrid model ‘doesn't work in our business,’ JPMorgan Chase CEO says

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Kiplinger

Retirement Savings on Track? How Much You Should Have by 50 and 55

See how your retirement savings stack up compared with this Wall Street guide, ranked by age and income.

Fortune

Jamie Dimon thinks Trump's fixation with Jerome Powell is somewhat to be expected

JPMorgan Chase CEO Jamie Dimon is unsurprised by President Trump’s push for lower inflation and interest rates—but warns that doesn’t mean the Oval Office can control them.

Fortune

Dimon: Grads taking PE jobs while at JPMorgan ‘unethical’

Private equity firms regularly poach junior bankers.

Fortune

Tech and banking CEOs cash in more than $800 million worth of shares—missing the worst of the market collapse

CEOs like JPMorgan’s Jamie Dimon and Meta’s Mark Zuckerberg sold stock recently.

Fortune

It’s not 40 hours—Gen Zers don’t know how long they need to work in a week and even experts can’t decide

Google cofounder Sergey Brin told Gemini staffers a 60-hour workweek is the “sweet spot”—but experts say that’s outrageous. The answer isn’t 40 hours, either.

Fortune

'America First' policies are threatening American exceptionalism as the economy and markets flash warning signs

"We are still betting on the resilience of consumers and the economy. However, Trump Turmoil 2.0 is significantly testing the resilience of both."

Fortune

As JPMorgan Chase enforces a 5-day RTO, staffers complain about too few desks, spotty Wi-Fi, and sneezing, sick coworkers

The nation’s biggest bank is committed to getting everyone back in the office, but some workers say the conditions aren’t ideal.

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