Author: Daniel snow

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesThe more Jamie Dimon worries, the better his bank seems to do.As JPMorgan Chase has grown larger, more profitable and increasingly more crucial to the U.S. economy in recent years, its star CEO has grown more vocal about what could go wrong — all while things keep going right for his bank.In the best of times and in the worst of…

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President Donald Trump will hold a rally Friday at a U.S. Steel plant near Pittsburgh, a week after signaling that he had cleared a controversial merger with Japan’s Nippon Steel.Trump is scheduled to deliver remarks at 5 p.m. ET at U.S. Steel’s Irvin Works in West Mifflin, Pennsylvania, according to the White House. Investors and union members will listen for answers from the president on what shape the deal he announced between U.S. Steel and Nippon will take.Trump described the deal as a “partnership” in a May 23 post on his social media platform Truth Social. The president said U.S.…

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Young graduates from Imperial College London at their graduation ceremony, on 19th October 2022 in London, England.Richard Baker | In Pictures | Getty ImagesBritish universities are preparing to attract international Chinese students after President Donald Trump’s administration cracked down on visas for Chinese students studying in the U.S.U.S. Secretary of State Marco Rubio said in a statement Wednesday that the U.S. will start “aggressively” revoking visas for Chinese students in the U.S., including those with connections to the Chinese Communist Party, in efforts to curb immigration.It comes after the Trump administration also blocked Harvard University’s ability to enroll or retain…

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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Wall Street was lower Friday after President Donald Trump said in a Truth Social post that China violated a preliminary trade deal between the two countries, suggesting a tougher stance may be afoot. “We have to literally expect that maybe something happens today, and it just drives me crazy because … we would have a good market” if not for Trump’s threats, Jim Cramer said. Case in point: Stocks temporarily came off their lows after…

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