The Latest Breaking News from Jamie Dimon

The worry is that savings will dry up just as the full effect of the Fed's interest rate increases hit economic activity

The JPMorgan CEO has previously called cryptocurrencies dangerous, worthless and a “Ponzi scheme.”

Asian investors extended a sell-off across global markets Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession. The drop followed another day deep in the red for New York's three main indexes after the heads of Wall Street's leading banks…

The U.S. economy has been resilient this year despite the Federal Reserve’s aggressive interest rate hikes and high inflation, but JPMorgan Chase CEO Jamie Dimon warns “storm clouds” are still on the horizon.