Jamie Dimon battens down the hatches for a recession
CNN
JPMorgan Chase kicked off the second quarter earnings season with bad news: The bank temporarily suspended share buybacks and fell short of analysts' expectations for earnings and revenue growth.
Profit declined 28% from a year earlier to $8.65 billion and the bank reported earnings of $2.76 per share versus the $2.88 expected by analysts. Managed revenue clocked in at $31.6 billion, missing the $31.95 billion expected, according to Refinitiv data.
Large market swings hurt dealmaking this quarter, the bank reported. Investment-banking fees fell by 54%, more than the 47% predicted by analysts.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
On the night of July 4, a group of assailants mounted a coordinated attack on an immigration detention facility near Fort Worth, Texas, using vandalism and fireworks to draw officers out and into the sights of two shooters positioned in a line of trees across the street, authorities allege.
A Maryland pastor who fled Honduras 24 years ago to escape poverty and violence is waiting to hear when he will face an immigration judge after his arrest this week by Immigration and Customs Enforcement for overstaying his visa in 2001, his family said.
Fleeing Washington’s oppressive humidity and nonstop questions over heated controversies, President Donald Trump is once again taking weekend refuge at his golf clubs — this time more than 3,000 miles away in Scotland.
A federal judge in Illinois dismissed a Trump administration lawsuit Friday that sought to disrupt limits Chicago imposes on cooperation between federal immigration agents and local police.
The governments of Mexico and the United States signed a memorandum of understanding on Thursday to fund and expedite several wastewater treatment projects in the Tijuana River basin. Untreated wastewater continually affects residents living along the river, which flows across the border from Tijuana and through several of San Diego’s southern neighborhoods.
The Trump administration has decided to release the rest of the nearly $7 billion in funding for public schools that it had frozen, with little notice, earlier this month.
The House Ethics Committee found that Democratic Rep. Alexandria Ocasio-Cortez “impermissibly accepted gifts” in connection with her 2021 appearance at the Met Gala, violating a House rule.
The US military killed a senior ISIS leader in a raid in Syria on Friday, as well as two of his ISIS-affiliated sons, according to a release from US Central Command.
Haiti has sent 150 soldiers to train in Mexico as it grapples with rampant gang violence
A 9-year-old child died after an incident Thursday at Hersheypark amusement park in Pennsylvania, the company’s CEO said.
Disgraced former Rep. George Santos reported to a federal prison in New Jersey on Friday to begin serving a seven-year sentence for the fraud charges that got him ousted from Congress.
Only a few weeks ago, President Donald Trump seemed confident a deal was days away that would end the fighting in Gaza, secure the release of hostages and allow aid to flow into an enclave where people are starving to death.
They were the worst 125 days of his life: locked up in a foreign prison, never knowing when or even if he would ever get out.