The Latest Breaking News from Jamie Dimon

Starwood Capital CEO Barry Sternlicht says that rents tell us inflation is about to plummet.

“I think we’re getting near the end of this particular crisis,” Dimon told CNN Thursday—but he still worries about the potential for a U.S. recession.

There are banks and then there are systemically important banks. These banks are too-big-to fail. They are required to maintain certain financial buffers to protect depositors from fast moving markets, concentrated bank investments and guard against putting the broader financial system at risk.

The major benchmarks finished with modest losses Tuesday after weaker-than-expected job openings and factory data.