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Biden to nominate Sarah Bloom Raskin as vice chair for supervision at Fed; Lisa Cook and Philip Jefferson as governors

Today News || Sarah Bloom Raskin, in her role as Deputy Treasury Secretary at the Treasury Department in Washington, October…

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Business

Wage inflation has arrived in a big way and Jamie Dimon says CEOs ‘shouldn’t be crybabies about it’

Today News || Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | Getty Images…

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Business

Wells Fargo’s fourth-quarter revenue tops estimate, profit jumps

Today News || Wells Fargo signage on May 5th, 2021 in New York City. Bill Tompkins | Michael Ochs Archives…

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Business

JPMorgan shares pull back 4% after CFO lowers guidance on ‘headwinds’ including wage inflation

Today News || JP Morgan CEO Jamie Dimon listens as he is introduced at the Boston College Chief Executives Club…

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Business

Citi to sell consumer business in Malaysia, Indonesia, Thailand and Vietnam to UOB Group

Today News || A Citibank branch in New York, U.S., on Friday, Jan. 7, 2022. Victor J. Blue | Bloomberg…

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Business

Crypto exchange Gemini pushes into wealth management with acquisition of BITRIA

Today News || David Abner, Gemini’s Global Head of Business Development. Source: David Abner Gemini, the $7.1 billion crypto exchange,…

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Business

This dot-com bubble dynamic may drive the S&P 500 above 5,500 this year

Today News || Market bull Julian Emanuel sees a dot-com era dynamic that could shatter the S&P 500’s record highs.…

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Business

Jamie Dimon sees the best economic growth in decades, more than 4 Fed rate hikes this year

Today News || Jamie Dimon said the U.S. is headed for the best economic growth in decades. “We’re going to…

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Citigroup will terminate unvaccinated workers by Jan. 31, a first among Wall Street banks

Today News || Pedestrians cross a road in front of a Citigroup Citibank branch in Sydney, Australia, on June 1,…

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Business

Goldman-backed digital bank Starling boycotts Meta over scam ads

Today News || The Facebook and Instagram logos displayed on a smartphone with the Meta Platforms logo pictured in the…

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