Daily News Explorer

JPMorgan Chase CEO Jamie Dimon scorned calls from some employees to soften the bank's five-day return-to-office policy in an animated town hall meeting on Wednesday, according to a recording reviewed by Reuters. Employees at the largest U.S. bank have complained on internal message boards and chats about losing hybrid working arrangements, and one group launched an online petition urging Dimon to reconsider. JPMorgan declined to comment.

Chinese businesses are tapping DeepSeek's newest AI model to see how it can improve productivity.

The S&P 500 ended Wednesday's session in the red.

Stocks wobbled on Wednesday as hotter inflation pushed back interest rate cut hopes.

Politicians in the country want to prohibit the sale of such items, but they face opposition.

It's the first time mortgage deals with rates below 4% have been available since November.

Inflation picked up at a higher pace than expected in January, leaving the Federal Reserve playing a waiting game to see the impact of tariffs and other policies on price pressures.

Chevron is seeking to trim its headcount by a sizable amount, with Vice Chairman Mark Nelson saying they will impact 15-20% of workers.

In addition to a miss on quarterly EPS, Reddit's daily active users in the December quarter hit 101.7 million, less than the 103.8 million expected.

(Reuters) -Robinhood beat expectations for fourth-quarter profit on Wednesday, driven by a surge in equity, option and crypto trading on its platform following Donald Trump's return to the White House, sending its shares up more than 14% after the bell. Robinhood's transaction-based revenue, or income generated from fees for facilitating trading in options, cryptocurrency and equities, jumped 236% in the quarter to $672 million from a year earlier. Nearly half of those gains came from a 700% rise in revenue from crypto trading activity as bitcoin continued its rapid march towards the $100,000 mark in the quarter on hopes of favorable policies under the new Trump administration.

JCPenney is shuttering a handful of locations throughout the country. The company cited "expiring lease agreements" and "market changes" for the reason behind the closures.

The Associated Press said the White House had blocked its journalists from attending press events because the news agency had not started using the term Gulf of America.

JPMorgan Chase has several rounds of layoffs coming this year, and some workers at the company have apparently started being told they will lose their jobs, according to Barron's.

The terminations have sowed more confusion at the bureau, as several of those being laid off had already accepted federal buyout offers, said one of the people.

Right-wing influencers are criticizing journalists who have published public information about government employees.

Billionaire DOGE leader Elon Musk spoke at the White House and claimed that the efficiency task force found Social Security payments going to 150-year-old beneficiaries.

A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and other central bank policymakers.

Stocks wobbled on Wednesday as hotter inflation pushed back interest rate cut hopes.

President Donald Trump has tasked newly minted Treasury Secretary Scott Bessent to up the pressure on Ukrainian President Volodymyr Zelenskyy to end the war with Russia.

Stocks wobbled on Wednesday as hotter inflation pushed back interest rate cut hopes.

Inflation rose 3% in January, a hotter-than-expected reading that's showing up in grocery prices and other everyday expenses.

Donald Trump on Wednesday morning dismissed a hotter-than-expected inflation report as 'Biden inflation' after making another call to lower interest rates.

A joint Oval Office appearance by Elon Musk and Donald Trump on Tuesday made clear that they are determined to make as deep a mark on Washington as possible — and aren't interested in listening to critics who could slow them down.

January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.

Gambling site Stake will leave the UK as a regulator investigation continues.

The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.

The Consumer Price Index rose 3.0 percent from a year earlier as food and energy prices picked up.

'Making Money' host Charles Payne analyzes recent market moves by Wall Street and retail investors.

Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on monetary policy.

The NYSE Chicago will reincorporate in Texas and be renamed NYSE Texas.

Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.

President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.

US inflation increased by more than expected last month, pushing up the cost of living for Americans.

The Omaha, Nebraska-based conglomerate scooped up 763,000 shares of the Houston-based oil and gas producer on Friday for $35.7 million, according to a filing.

The Labor Department released the consumer price index for January which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.

The Chinese start-up used several technological tricks, including a method called “mixture of experts,” to significantly reduce the cost of building the technology.

Dispelling doubts, the billionaire showed off his unprecedented power to disrupt and remake the government — with President Trump’s blessing.

Zelle said its user base jumped 12% to 151 million accounts in 2024, and that the total dollars sent on the platform jumped 27% from the year earlier.

President Donald Trump could soon have a harder time finding cans of Diet Coke due to the tariffs on aluminum imports, as the soda giant imports its cans from Canada.

Paris showcases the country’s multibillion-dollar bet on artificial intelligence, but the summit also highlights differences in culture, liberty and national priorities.

Spirit Airlines rejected Frontier Group's acquisition offer worth about $2.16 billion, marking the latest failed deal in the years since the companies began discussing a merger.

Social Security payments are paid out to beneficiaries at different times of the month depending on their birthdate and how long they've been receiving benefits.

Tesla's shares continue to sell off as concerns mount on Elon Musk's many distractions.

(Bloomberg) -- The frenzy over Chinese artificial intelligence is turning Alibaba Group Holding Ltd. into an investor favorite again, injecting new life into an e-commerce giant that had nearly sunk into obscurity following a years-long regulatory crackdown. Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeThe Forgotten French Architect Who Rebuilt MarseilleSin puente y sin metro: el nuevo aero

One Wall Street analyst believes Tesla CEO Elon Musk’s gambit for OpenAI is a distraction for the company at a very important time.

Investors have largely abandoned much of the healthcare space in favor of tech. But as tech falters, some strategists see the underrated sector as being the perfect tech hedge.

London-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC.

President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.

Investors are keenly eyeing the CPI, which is due for release on Wednesday. Tariffs and earnings continue to set market expectations.

President Donald Trump is taking additional action to upset the world trade system, with plans to sign an order as soon as Wednesday that would require that U.S. tariffs on imports match the tax rates charged by other countries. “It’s time to be reciprocal,” Trump told reporters earlier this week. As Trump has unleashed a series of tariffs after being in power for less than a month, he has fully taken ownership of the path of the U.S. economy.

As two-way trade expands, India’s surplus is growing. President Trump is expected to press Prime Minister Narendra Modi to lower tariffs.