Author: Daniel snow

JPMorgan Chase CEO Jamie Dimon delivers a speech during the Global Markets Conference, ahead of the Choose France summit, in Paris on May 15, 2025.Michel Euler | Afp | Getty ImagesJPMorgan Chase is finally allowing clients to buy bitcoin. But CEO Jamie Dimon is still a skeptic.”We are going to allow you to buy it,” Dimon said at the bank’s annual investor day on Monday. “We’re not going to custody it. We’re going to put it in statements for clients.”The decision marks a notable step for the largest U.S. bank, particularly due to Dimon’s history of criticizing the digital currency…

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Vessels carrying shipping containers sail near Kwai Tsing Container Terminal in Hong Kong, China, April 23, 2025. Tyrone Siu | ReutersThe intense trade war with the U.S. has left lasting scars on Chinese exporters with many looking to diversify away from the U.S., despite the temporary tariff reprieves, a private survey found.Based on a poll of 4,500 exporters across several major economies, trade insurer Allianz Trade found that 95% of Chinese exporters surveyed are planning on, if not already, doubling down on exporting to markets outside the U.S. for their goods.The U.S.-China “decoupling” remains a likely scenario over the medium…

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A customer pushes a shopping cart in front of a Home Depot store on Feb. 25, 2025 in San Rafael, California.Justin Sullivan | Getty ImagesHome Depot will report quarterly earnings and revenue on Tuesday as the retailer contends with high interest rates, a sluggish housing market and tariff-related cost pressures.Here’s what Wall Street expects for the retailer’s fiscal first quarter, according to a survey of analysts by LSEG:Earnings per share: $3.59 expectedRevenue: $39.32 billion expectedSpring is Home Depot’s peak sales season — the Christmas of the home improvement world — as homeowners and contractors typically tackle more projects because of…

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