Tuesday, April 4, 2023

JPMorgan's Jamie Dimon warns banking crisis will be felt for 'years to come'

The banking crisis triggered by the recent collapses of Silicon Valley Bank and Signature Bank is not over yet and will ripple through the economy for years to come, said JPMorgan Chase CEO Jamie Dimon on Tuesday.
CNN Business: Markets Now
 
  Advertisement
News: What you need to know about the markets
 
 
JPMorgan's Jamie Dimon warns banking crisis will be felt for 'years to come'
The banking crisis triggered by the recent collapses of Silicon Valley Bank and Signature Bank is not over yet and will ripple through the economy for years to come, said JPMorgan Chase CEO Jamie Dimon on Tuesday. Read more »
 
The creator of the Catan board game has died
Klaus Teuber, creator of the blockbuster board game Catan, has passed away. Read more »
 
Founder of buzzy financial app Frank arrested, charged with defrauding JPMorgan Chase
Charlie Javice, founder of the buzzy student financial assistance startup Frank, was arrested Monday night and charged by the US Securities and Exchange Commission for allegedly defrauding JPMorgan Chase in the $175 million acquisition of her company. Read more »
 
Elon Musk loses his position atop Forbes' annual billionaires list
Elon Musk has officially been dethroned from from the top of Forbes' annual "World's Billionaire's List." Read more »
 
Walmart lays off 2,000 warehouse workers
Walmart is laying off more than 2,000 workers at five US warehouses that fulfill website orders, weeks after America's largest private employer warned it's in for a tough year ahead. Read more »
 
What the OPEC cuts mean for Putin and Russia
Some of the world's largest oil exporters shocked markets over the weekend by announcing that they would cut oil production by more than 1.6 million barrels a day. Read more »
 
 
 
 
Dow Nasdaq S&P
-198.77   -63.13   -23.91
33,402.38   12,126.33   4,100.60
-0.59%   -0.52%   -0.58%
YTD +0.77%   YTD +15.86%   YTD +6.80%
 
Biggest Winners
Newmont Corporation +3.80%
 
Extra Space Storage Inc +3.66%
 
ServiceNow Inc +2.49%
 
EQT Corp +2.14%
Biggest Losers
Valero Energy Corp -8.01%
 
United Rentals Inc -7.70%
 
Marathon Petroleum Corp -7.24%
 
Nucor Corp -6.88%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $80.98 +0.56 / +0.70%
Gold $2,038.40 +38.00 / +1.90%
10-yr 3.34% -0.09
Euro $1.09 +0.00 / +0.40%
More Markets Now
 
Watch the live digital show, now every Wednesday 12 p.m.
to 12:15 p.m. ET.
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNow@cnn.com
Sign up for
Reliable Sources
newsletter
  Sign up for
Before the Bell
newsletter
 
 
Tips, thoughts or questions are always welcome at
MarketsNow@cnn.com
 
Want to change how you receive these emails?
You can unsubscribe from this list
 
® © 2023 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
1 CNN Center
Atlanta, GA 30303
 
                                                 

No comments:

Post a Comment

Your Weekly Recommended Reads

Powered by AI, personalised for you Catch up on key news and analysis from the week gone by with The Business of Fashion's My...