JPMorgan traders turn glum on U.S. stocks, expecting tariff pain
JPMorgan Chase & Co. is bracing for U.S. equities to extend losses as levies weigh on growth at home and overseas.
Commerce Secretary’s Comments Raise Fears of Interference in Federal Data
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output ...
Trump official floats new approach on GDP, as economy is poised to slow sharply
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry ...
Trump Bump Turns Into Trump Slump as Markets Tank on Tariffs Ahead of Joint Address to Congress
The Dow Jones Industrial Average has lost more than 1,300 points in two days as President Donald Trump ignites a global trade ...
Economic And Market Data Signal A Recession Is Coming
A slew of economic and market data is signaling that a Trumpcession is around the corner. Declining stock market and dollar ...
The state of the US economy, in 9 charts
President Donald Trump on Tuesday will address Congress for the first time in his second term, and he’ll do with an economy ...
Why Bank Stocks JPMorgan Chase, Wells Fargo, and Citigroup Are Getting Slammed Today
Shares of JPMorgan Chase ( JPM -3.98%), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET.
Atlanta Fed shock sounds 'Trumpcession' warning
The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...
Bank and Brokerage Stocks Hammered. They’re Sending a Warning.
Fears about an economic slowdown and a trade war appear to have spurred investors to dump shares of Wells Fargo, Morgan ...
Democrats issue preemptive rebuke of Trump speech: ‘A disaster for Pa.’
Trump is expected to give the first speech of his second term to a joint session of Congress starting at 9 p.m. Tuesday night ...
Why JPMorgan Chase, Wells Fargo and Citigroup stocks are getting slammed
Shares of JPMorgan Chase (NYSE: JPM), the largest bank in the U.S. by assets, traded nearly 5% lower as of 10:52 a.m. ET. Shares of Wells Fargo (NYSE: WFC) traded 6.5% lower at that time, while shares ...
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Dallas Fed: Bank stress declining but still elevated
The banking sector has stabilized significantly since the spring of 2023, but elevated interest rates have created lingering issues on bank balance sheets.