The Latest Breaking News from JP Morgan

Central banks will push economies into recession, says Hunt adviser

Signs of weakness needed before monetary policy is eased in west, says strategist advising chancellor

The Guardian - UK · Aug 29, 2023

US inflation has steadily cooled. Getting it down to the Fed's target rate will be the toughest mile

Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of the price pressures that have gripped the nation for more than two years

The Independent UK · Aug 8, 2023

Russia-Ukraine war at a glance: what we know on day 528 of the invasion

An ‘extremely fierce battle’ in the eastern city of Bakhmut and explosions reported near key Crimean bridge

The Guardian - AU · Aug 5, 2023

Bally Sports Bankruptcy Gets Bloodier: Diamond Files Suit Against Sinclair and JP Morgan, Tries to Claw Back $1 Billion Preferred Equity Repayment

Diamond's largely stiffed secondary creditors are asking the bankruptcy court why they've been left holding the bag while JP Morgan was made whole

Broadcasting & Cable · Jul 20, 2023

JP Morgan puts more money aside for defaults amid cost of living crisis

Wall Street bank’s profits rise 40% to $13.3bn as interest rates charged to borrowers increase

The Guardian - UK · Jul 14, 2023

Nutmeg entrepreneur Nick Hungerford dies of bone cancer aged 43

Hungerford founded the charity Elizabeth’s Smile for children who lose a parent to terminal illness after his diagnosis

The Guardian - UK · Jul 12, 2023

Jeffrey Epstein 'planned to hire Prince Andrew to be an adviser for new consultancy'

Emails sent between paedophile Jeffrey Epstein and his private banker claimed to show they discussed hiring Prince Andrew as a "star advisor" for a new consultancy firm

Daily Mirror · Jul 9, 2023

Bank of England may have to hike interest rates to 7% to curb inflation, economists warn

Fears heighten for UK economy and household budgets as expert says ‘hard landing increasingly likely’

The Independent UK · Jul 5, 2023

Wall Street buys into Bidenomics, with the top economists at Goldman and other banks saying we could really dodge a recession

The White House is taking a victory lap, and economists at Goldman Sachs and JPMorgan are offering rosier economic forecasts.

Fortune · Jul 5, 2023

Stubborn UK inflation may lead to 7% interest rates, economists warn

JP Morgan says risk of ‘hard landing’ for economy heightened, with higher borrowing costs hitting business

The Guardian - UK · Jul 5, 2023