HSBC UK has reportedly informed its retail banking staff that their annual bonuses could be reduced if they failed to meet in-office requirements, making it one of the latest major banks to tighten remote work policies. According to a report by The Independent, the company has sent a memo to its staff stating that those…
JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon has fired a warning shot about President Donald Trump‘s trade war, which has put the stock market on a wild ride, unnerving investors. The Wall Street titan warned of a loss of U.S. credibility on the national stage, a recession and worse, should the trade war continue. Usually one…
(Reuters) -JPMorgan Chase & Co (JPM) CEO Jamie Dimon has sold about $31.5 million worth of the bank’s shares, according to a regulatory filing. Dimon had also offloaded some shares last year in his first such sale since taking over the top role in 2005. NYSE – Delayed Quote • USD At close: April 14…
JPMorgan Chase CEO Jamie Dimon said the U.S. economy faces a critical stretch, while also warning of the ongoing uncertainty caused by President Trump’s tariff policies. “The economy is facing considerable turbulence (including geopolitics), with the potential positives of tax reform and deregulation and the potential negatives of tariffs and ‘trade wars,’ ongoing sticky inflation,…
US President Donald Trump, alongside Secretary of State Marco Rubio (L) and Secretary of Defense Pete Hegseth (R), speaks during a cabinet meeting in the Cabinet Room of the White House on April 10, 2025, in Washington, DC. Brendan Smialowski | Afp | Getty Images The bond market screamed at President Donald Trump this week…
Photo: Scott Olson / Staff (Getty Images) Even the world’s most prominent Trump supporter, Elon Musk, is displeased with the tariffs. Musk, who runs the Department of Government Efficiency (DOGE), spent the weekend criticizing the administration’s top trade adviser, Peter Navarro, and amped up his criticism Tuesday, saying Navarro is “dumber than a sack of…
Wall Street just got loud and it’s not cheering. Tesla (NASDAQ:TSLA) CEO Elon Musk, Pershing Square’s Bill Ackman (Trades, Portfolio), and hedge legend Stanley Druckenmiller (Trades, Portfolio) are now openly throwing punches at the Trump administration’s tariff plans, warning they could trigger a full-blown market meltdown. What started as scattered criticism has snowballed into a…
Jamie Dimon, the CEO of JPMorgan Chase, is speaking out President Trump’s sweeping tariffs, cautioning the levies could lead to higher inflation and slow the U.S. economy. Other Wall Street leaders are also starting to express tariff-related concerns, including billionaire hedge fund manager Bill Ackman. While many corporate leaders have been notably silent around Mr. Trump’s…
Topline Billionaire supporters of President Donald Trump—including Elon Musk—spoke out Monday morning and issued warnings about the economy as global stock markets plunged further in response to the escalating trade war. Elon Musk arrives for the inauguration of U.S. President-elect Donald Trump in the U.S. Capitol … More Rotunda on January 20 in Washington, DC….
Elon Musk has reposted a recent video shared by entrepreneur Mario Nawfal, in which JP Morgan Chase CEO Jamie Dimon praises Musk, calling him “our Einstein.” The video, now making waves on social media, captures Dimon highlighting Musk’s achievements across Tesla, SpaceX, and Neuralink. “You’ve got to look at Elon, at SpaceX, Tesla, Neuralink –…