Friday, January 15, 2021

JPMorgan Chase just reported a record quarterly profit. But its CEO is still nervous

The economy may not have fully recovered yet, but that's no problem for America's biggest bank. JPMorgan Chase reported a record profit of $12.1 billion for the fourth quarter Friday — easily topping Wall Streets forecasts.
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JPMorgan Chase just reported a record quarterly profit. But its CEO is still nervous
The economy may not have fully recovered yet, but that's no problem for America's biggest bank. JPMorgan Chase reported a record profit of $12.1 billion for the fourth quarter Friday — easily topping Wall Streets forecasts. Read more »
 
Wells Fargo can't seem to escape its troubled past
Wells Fargo is still being haunted by its history of ripping off customers. Read more »
 
Even $1,400 checks aren't exciting Wall Street
News that President-elect Joe Biden is asking Congress to pass a $1.9 trillion stimulus package would normally give markets a big boost. Not this time. Read more »
 
Retail sales decline for third straight month
US retail sales dropped last month, the Commerce Department said Friday, marking the third straight month without any growth. Read more »
 
Lawmakers ask travel companies to step up security ahead of inauguration
US lawmakers are asking for help from travel companies including bus operators, car rental companies and hotels to prevent an attack on the inauguration and investigate last week's Capitol insurrection. Read more »
 
Watch out, Chewy. This 55-year-old pet store is coming for you
Petco is hoping the third time is the charm. Read more »
 
 
 
 
Dow Nasdaq S&P
-177.26   -114.14   -27.29
30,814.26   12,998.50   3,768.25
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NiSource Inc +4.89%
 
CenterPoint Energy Inc +2.93%
 
Public Service Enterprise Group Inc +2.77%
 
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Biggest Losers
Wells Fargo & Co -7.80%
 
Occidental Petroleum Corp -7.63%
 
Citigroup Inc -6.93%
 
Concho Resources Inc -6.02%
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10-yr 1.10% -0.03
Euro $1.21 -0.01 / -0.63%
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