The Latest Breaking News from JPMorgan

"This highlights another long-term trend: New innovations are contributing more quickly to overall productivity growth."

While there is little doubt about the outcome of the Fed meeting, there are still questions over who exactly will be voting.

As economic headwinds and shifting consumer preferences reshape the retail landscape, companies in the luxury home furnishings sector are feeling the pressure to adapt. Major players in this space are navigating challenges such as fluctuating demand and global trade tensions, which are impacting their financial outlooks and strategic decisions.

Jamie Dimon says the next JPMorgan CEO must be a “coach” and motivator, not just the smartest person in the room, as succession planning heats up.

With U.S. jobless claims surging and labor data revised sharply lower, markets see Jerome Powell locked into a September Fed rate cut despite sticky inflation.

While Coursera Inc (NYSE:COUR) leverages AI for greater personalization, effectiveness, and scale, GenAI and LLMs (large language models) are driving industry-wide reskilling and upskilling, according to JPMorgan.

The PNC Financial Services Group Inc. (NYSE:PNC) CEO Bill Demchak announced a $4 billion acquisition of Colorado-based FirstBank on Monday, marking a strategic push toward his ambitious goal of creating a trillion-dollar banking giant.

FuelCell Energy Inc. (NASDAQ:FCEL) posted a sharp revenue jump in its fiscal third quarter, nearly doubling year over year, as stronger product and service sales offset weakness in other divisions and lifted investor sentiment despite ongoing losses and cash burn.

Economy ‘weakening’ though recession isn’t certain, JPMorgan’s Dimon says