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JPMorgan Newsroom
JPMorgan Chase Disables Employee Comments After Return-to-Office Backlash -- WSJ
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Express News | Morgan Stanley Says a March Cut Is Still More Likely Than Not, Due to Its "More Favorable" Inflation Outlook
Express News | Morgan Stanley Says U.S. Jobs Report Should Reduce the Probability of Near-Term Fed Cuts
Express News | JPMorgan ends the hybrid work model, requiring employees to work five days a week in the office.
JPMorgan Chase Announces Return-To-Office Mandate -- WSJ
Express News | Goldman Sachs Expects Fed to Deliver Two 25 Bps Cuts Each at Its June and December Policy Meetings
Express News | Goldman Sachs Expects Fed to Deliver a Total of 50 Bps Cuts This Year After NFP Data Vs Prior Forecast of 75 Bps
Express News | BofA Global Research: We Think the Cutting Cycle Is Over; Our Base Case Has the Fed on an Extended Hold; but We Think the Risks for the Next Move Are Skewed Toward a Hike
Express News | JPMorgan announced a new office policy in a memo to employees, informing them to come to the office five days a week in March.
Express News | Wells Fargo Says an Interest Rate Cut by the Fed in March Looks Increasingly Unlikely
The wildfire in Los Angeles is spreading, and the losses for insurance companies may exceed 20 billion dollars.
As the destruction caused by the fires in Los Angeles spreads, on Friday, stocks of insurance companies related to the California Real Estate market faced significant sell-offs. The stock price of American Allstate insurance dropped by 4% in early trading, while the stock prices of American International Group (AIG), Chubb Ltd, and Travelers dropped by around 2% each. These four stocks were the biggest losers in the S&P 500 Index on Friday morning. According to JPMorgan, Allstate, Chubb, and Travelers are the three companies most vulnerable to losses from fire insurance.
Express News | JPMorgan expects the Federal Reserve to conduct its next rate cut in June after the release of non-farm employment data, whereas the previous forecast was for March.