JPMorgan Chase and Bank of America say the US stock market’s recovery will likely be short-lived. JPMorgan’s trading team believes that the US stock market has a bit more upside potential in the near term amid the de-escalation of President Trump’s trade war, reports Bloomberg. But the firm warns that the true impact of Trump’s
Buying a home in America could get harder. Homebuilder PulteGroup (PHM) warned on its post-earnings conference call that rising tariff costs will pressure home prices, affecting every price point in their markets. “We’re in the range of $5,000 on average, and it will impact every single price point and consumer group that we serve. There
Gold Is On Fire: Demand Is So High That Dealers Are Importing Gold Bars From Abroad On Commercial Jets Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. If you’ve recently flown from London to the U.S., something very valuable may have been in the cargo hold
JPMorgan Chase is reportedly facing a lawsuit that alleges that the bank paid “unreasonably” low interest rates on accounts used in its cash sweep program. Illinois resident Dan Bodea alleges in the suit that the bank used the program to shortchange customers while pretending to act as their fiduciary, Reuters reported Monday (Aug. 26). JPMorgan Chase