Latest in Bank CEOs Jamie Dimon, David Solomon are cautious on the economy. Here’s why.
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David Solomon scores an $80 million bonus. Doubt surrounded his tenure at Goldman Sachs as recently as 2023.
Wall Street investment bank, whose stock price hit a record high this week, awards CEO Solomon a stock bonus set to vest in 2030.MarketWatch - 2h -
The Biden economy: Just how good was it? Here are the highs and lows for the 46th president.
Presidents get too much credit or too much blame for the economy, it’s often said, but the public never fails to render its own judgment. They gave Joe Biden and Kamala Harris a failing grade and ...MarketWatch - 2h -
Here’s Why I’m Not Investing in Startups Right Now
In the absence of a strong IPO market, founders should focus on sustainable growth. Here’s how.Inc. - 3h -
Goldman Sachs hands chief David Solomon $80mn retention award
Wall Street executive’s 2024 salary also boosted by 26% to $39mnFinancial Times - 7h -
Why the climate and sustainability economy will thrive in a Trump presidency
To maintain his electoral mandate, incoming President Trump will have to deliver the economic goods — but he will not be able to achieve any of these political objectives without continued ...The Hill - 5h -
U.S. economy poised to lead the global pack in 2025, IMF says. Here’s why.
The U.S. economy has separated itself from the global pack — and its lead could widen in the new year.MarketWatch - 8h -
Bank CEOs Jamie Dimon, David Solomon are cautious on the economy. Here’s why.
Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh risks.MarketWatch - 9h -
First Horizon CEO says he's cautious about interest rate cuts in 2025
CNBC's Jim Cramer highlights the regional bank space, talking with First Horizon CEO Bryan Jordan.CNBC - 23h -
Here are the Big Tech CEOs attending Trump's inauguration
The CEOs of several of the world’s biggest technology companies are planning to attend President-elect Trump’s inauguration Monday. The leaders of Amazon, Google, Meta, Tesla, TikTok and OpenAI ...The Hill - 1d -
AMD gets another downgrade. Here’s why analysts are souring on the stock.
Wolfe Research expects AMD’s AI business to disappoint this year relative to current market expectations.MarketWatch - 1d -
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.CNBC - 1d -
China's slowing economy is waiting for more stimulus. Here's how the country plans to boost growth
China's slowing economy is still waiting for promised government support to kick in.CNBC - 1d -
Goldman Sachs CEO Solomon says IPO market is 'going to pick up' along with dealmaking
At an event hosted by Cisco on Wednesday, Goldman Sachs CEO David Solomon indicated that the multi-year IPO drought should be coming to an end.CNBC - 1d -
JPMorgan Chase is boosting buybacks even after CEO Jamie Dimon called the stock expensive
Fresh off a record year for profit and revenue, JPMorgan is facing questions over what CFO Jeremy Barnum admitted was excess capital.CNBC - 2d -
There's been a 'meaningful shift' in CEO confidence since Trump's election, says Goldman's Solomon
The Wall Street CEO discussed growing confidence among business leaders after his bank's strong fourth-quarter report.CNBC - 2d -
Who Will Succeed Jamie Dimon? Contenders Narrow After JPMorgan Names Jennifer Piepszak as C.O.O.
Jennifer Piepszak will become chief operating officer of JPMorgan, and said she would not seek the chief executive’s job. The current C.O.O., Daniel Pinto, plans to retire.The New York Times - 3d -
Goldman’s Solomon says US economy in a ‘fragile place’
Wall Street bank’s chief expects deregulation under Trump to spur business investment but urges cautionFinancial Times - 3d -
JPMorgan reshuffles Jamie Dimon’s top lieutenants
Jenn Piepszak replaces Daniel Pinto as chief operating officer at US’s biggest bank but will not seek to succeed chiefFinancial Times - 3d -
U.S. stocks are falling. Here’s why Goldman says to stay invested in 2025.
Here’s why it worth staying invested in the U.S. stock market despite the recent rout and higher bond yields, according to Goldman Sachs Group’s wealth-management businessMarketWatch - 4d -
Jamie Dimon on the economy, billionaires, and income inequality
The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...CBS News - 5d -
Extended interview: Jamie Dimon
What does it mean for the U.S. economy to be the envy of the world? Jamie Dimon, the chairman and CEO of JPMorganChase, the largest bank in America, talks with "60 Minutes" correspondent Lesley ...CBS News - 5d -
Jamie Dimon on the economy
As chairman and CEO of JPMorgan Chase, the largest bank in America, Jamie Dimon has said he's "cautiously pessimistic" about the economy. He explains to "60 Minutes" correspondent Lesley Stahl how ...CBS News - 5d -
Why not give Sir New Prime Minister a break? | David Mitchell
‘Sir Queue Jumper’ for Sir Keir Starmer? Even Liz Truss would deserve better puns than this. The concept of a pun was stretched almost to breaking point a few days ago when a newspaper, on a report ...The Guardian - 5d -
Strong Job Market Could Prove Costly for Homebuyers and Businesses. Here’s Why
The job market has shown resilience with unemployment falling to 4.1 percent last month.Inc. - 6d -
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.The New York Times - Jan. 10 -
Here’s Why Tesla Is Losing to Chinese EV Maker BYD
My latest five-whys analysis looks at Tesla’s sales slump.Inc. - Jan. 9 -
Researchers rated every S&P 500 company CEO since 2000. Here’s what they found.
CEOs might not be so idolized if we realized that many wash out of the job quickly.MarketWatch - Jan. 9 -
Why Does Trump Want the Panama Canal? Here’s What to Know.
Treaties ratified by the Senate in 1978 established permanent neutrality, but some Republicans regret that decision.The New York Times - Jan. 9 -
Trump wants to rename the Gulf of Mexico. Here's why it's called that.
President-elect Donald Trump took aim at Mexico again Tuesday boasting that he would rename the Gulf of Mexico in retaliation for his issues with Mexico.ABC News - Jan. 7 -
Here's why you should clean your pillows. according to experts
To learn how to clean pillows, I spoke with experts for their guidance. You can use products like Resolve Spot and Stain Remover, Tide Fabric Spray and more to.NBC News - Jan. 7 -
Op-ed: Here’s why estate planning is a gift for your family
Estate planning isn't about focusing on your demise, one advisor says; it's about taking control and making decisions that ensure your loved ones are cared for.CNBC - Jan. 7 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
Chick-fil-A's waffle fries may taste different: Here's why
The chain says it has been testing "a slight adjustment" to its waffle fries for roughly a year.The Hill - Jan. 5 -
Experts say high food prices are here to stay. Here's why
Some experts say there's really nothing the government can do about high food prices.CNBC - Jan. 4 -
Meta Deleted Its Controversial AI Profiles. Here’s Why.
Meta still has plans to use AI to drive engagement on its platforms, though.Inc. - Jan. 3 -
Inequality hasn’t risen. Here’s why it feels like it has
What appears on the surface to be a flat trend masks churn beneathFinancial Times - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
Why you should open a CD with an online bank this January
Most banks and credit unions offer CDs, but opening one with an online bank could make a lot of sense right now.CBS News - Jan. 2 -
James Carville: I Was Wrong About the 2024 Election. Here’s Why.
Perception is everything in politics, and a lot of Americans perceive Democrats as not feeling their pain or caring too much about other things.The New York Times - Jan. 2