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The Latest Breaking News from JPMorgan

Epstein's sex trafficking was aided by JPMorgan, a U.S. Virgin Islands lawsuit says

The U.S.V.I. says JPMorgan Chase didn't report Jeffrey Epstein's suspicious financial activities and provided him banking services after his 2008 conviction for soliciting a minor.

WEKU

US Virgin Islands district attorney fired days after suing JP Morgan Chase over Jeffrey Epstein ties

Virgin Islands Governor Albert Bryan said he had ‘relieved’ Denise George of her duties amid reports he was unaware of a lawsuit filed against JP Morgan Chase

The Independent UK

Michael Hiltzik: Wells Fargo got slammed with a $3.7-billion penalty. So why doesn't it sound sorry?

The Consumer Financial Protection Bureau left very little unsaid when it announced, a few days before Christmas, $3.7 billion in assessments against Wells Fargo Bank for more than a decade of legal violations harming its millions of customers.

Los Angeles Times

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Apple iPhone 14 Pro Supply Bounces Back After Shortages

Apple appears to have recovered from shortages that reduced the availability of iPhone 14 Pro models during the holiday shopping season.

Investors Business Daily

How top CEOs from Elon Musk to Tim Cook tackled the big return-to-office in 2022

Lizzo concerts and subsidized butlers have been among the perks offered in the push for a return to in-person working this year.

Fortune

BA Stock Rises Amid 'Largest 787 Dreamliner Order In Boeing History' But United Tumbles

United Airlines will buy up to 200 Boeing 787 Dreamliner jets in a "historic" deal. BA stock rose, perhaps out of buy range. Several analysts have raised price targets on BA stock.

Investors Business Daily

US banks named as being among least ethical UK operators

A new study scores the best and the worst accounts based on key issues such as climate and tax avoidance

The Guardian - UK

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Crypto is as useful as a ‘pet rock,’ according to JPMorgan's Jamie Dimon

The JPMorgan CEO has previously called cryptocurrencies dangerous, worthless and a “Ponzi scheme.”

Fortune

Goldman Sachs CEO says clients are shifting away from supply chain resiliency to keeping headcount down, but 'I'm not hearing panic'

Big banks weigh in on inflation, a pending recession, and consumer spending.

Fortune

Stock Market Closes Sharply Lower For Second Straight Day On Interest-Rate Worries

The stock market extended losses to another day as more strong U.S. economic data pointed to more Fed hikes. Oil and tech stocks fell.

Investors Business Daily

Dow Jones Falls; Microsoft Ups Battle For Activision; Taiwan Semi To Build Second U.S. Fab To Make Chips For Apple, Others

Dow Jones slips; TSMC investing $40 billion in its U.S. factories; Gitlab and AutoZone rise after earnings; Microsoft increases its bid for ATVI.

Investors Business Daily

Dow Jones Falls After Stock Market Sell-Off; JPMorgan Jumps On Upgrade; Tesla Extends Losses

The Dow Jones Industrial Average fell Tuesday, looking to rebound after Monday's stock market sell-off. JPMorgan jumped on a double upgrade.

Investors Business Daily

A top Wall Street strategist thinks the December rally is finished

Wall Street’s top strategist and biggest bear Mike Wilson thinks the December rally is over and is back to selling again.

Fortune

How a 28-year-old is transforming the ‘male, pale, and stale’ personal finance industry to become everyone’s ‘Rich BFF’

Vivian Tu considers her content to be a “gateway drug” into personal finance that lets people dip their toe in without being overwhelmed.

Fortune

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Tribune News Service

Republicans ride ESG backlash to state financial offices

WASHINGTON — Republicans picked up state financial officer positions during the midterm elections amid a campaign against environmental, social and governance investing.

Roll Call

Republicans ride ESG backlash to state financial offices - Roll Call

Republican candidates flipped five state offices that manage investments in a backlash against using ESG factors in investment decisions.

Investors Business Daily

BJ's Wholesale Club Triggers Sell Rule, ROST Stock Soars As Earnings Crush Views

Morgan Stanley launches coverage of ROST with an overweight rating.

Benzinga

Facebook Stalls Portal & Smartwatch Projects, Visa Breaks Debit Card Tie Up With FTX, $3B Bitcoin Withdrawn From Crypto Exchanges: Top Stories Monday, Nov. 14

Reuters

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Investors Business Daily

Dow Jones Reverses Lower After Stock Market Surge; Intel Slides On Downgrade

The Dow Jones Industrial Average reversed lower Friday, giving back a part of Thursday's market surge. Intel stock dropped on a downgrade.

Fortune

Sam Bankman-Fried needs $4 billion. Fast.

Bankman-Fried apologized to investors and said he would be “incredibly, unbelievably grateful” if they could help out.

Bangkok Post

Investors expect crypto turmoil to get worse

Cryptocurrency markets endured heavy losses on Thursday, with bitcoin near a two-year low as investors fretted about the fallout from the implosion of FTX, the world’s second-largest crypto exchange.

Fortune

The Fed is pushing the economy ‘quite unnecessarily’ into a recession, J.P. Morgan strategist says

A recession is likely next year, but it may have been avoidable.

Tribune News Service

NYC employers’ solution to pay transparency: $100,000 salary ranges

In the brave, newly transparent world for New York City job seekers, many will still be left wondering: Wait, how much does this role really pay?

The Independent UK

Major banks support rainforest oil project despite problems

Financing fossil fuels, which are the primary cause of climate change, has become controversial in recent years, with major banks under fire for the scale of their lending for oil and gas development

Benzinga

What Dividend Stocks Did This Finance-Focused Congressman Buy?

U.S. Rep. Trey Hollingsworth (R-IN) has made more than 90 trades in the last three years.

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