SELECT LANGUAGE BELOW

JPMorgan Chase CEO Jamie Dimon, 68, hints he’ll retire sooner than expected

JPMorgan Chase & Co. Chief Executive Jamie Dimon has indicated he may step down as head of the nation’s largest financial institution sooner than widely expected. The 68-year-old Wall Street mogul told analysts at JPMorgan Chase & Co.’s Investor Day on Monday. [for his retirement] It’s been less than five years. ” He did not […]

Charges against Scottie Scheffler expected to be dropped

The Jefferson County Prosecutor’s Office is expected to drop charges against No. 1 golfer Scottie Scheffler, who was arrested Friday morning as he tried to enter Valhalla Golf Club. According to the layup ban. Scheffler, who played his final round at the PGA Championship in Louisville, Kentucky, on Sunday and is eight shots behind the […]

Jerome Powell urges patience on rate cuts, inflation index higher than expected

Federal Reserve Chairman Jerome Powell on Tuesday called for patience and said he was losing confidence in the outlook for lower inflation this year after key indicators came in better than expected. The producer price index (PPI), which measures prices at the wholesale level, rose 0.5% last month, beating the Dow Jones estimate of 0.3%, […]

Producer Price Index Shows Prices Rising Much More Than Expected

Key inflation indicators were much stronger than expected in April, confirming that the pace of inflation is accelerating. The final demand producer price index, which measures the prices paid by U.S. businesses for goods and services, rose 2.2% in April, the Labor Department said Thursday. The increase was 2.2% compared to the previous year, the […]

Michael Cohen Expected to Take Stand in Trump Business Records Trial

Michael Cohen, the prosecution’s “star witness,” is scheduled to take the stand Monday in former President Donald Trump’s corporate records trial in Manhattan. Cohen, a former lawyer and fixer for Trump, is expected to testify about his role in the crimes Trump is accused of, including falsifying business records to influence the 2016 presidential election. […]