Jamie Dimon says inflation, Ukraine war may dramatically increase risks for US

Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlos Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest US bank by assets, pointed to a potentially unprecedented combination of risks facing the country in his annual shareholder letter. Three forces are … Read more

Stock futures are flat after S&P 500 notches third straight week of gains

Traders on the floor of the NYSE, March 25, 2022. Source: NYSE US stock index futures were flat during overnight trading Sunday, after the S&P 500 posted a third straight week of gains. Futures contracts tied to the Dow Jones Industrial Average slide 14 points. S&P 500 futures were flat, while Nasdaq 100 futures declined … Read more

New vehicles must average 40 mpg by 2026, up from 28 mpg

DETROIT (AP) — New vehicles sold in the US will have on average at least 40 miles per gallon of gasoline in 2026, up from about 28 mpg, under new federal rules unveiled Friday that undo a rollback of standards enacted under President Donald Trump. The National Highway Traffic Safety Administration said its new fuel … Read more

GameStop, Apple, BlackBerry and more

Check out the companies making headlines before the bell: GameStop (GME) – GameStop plans to seek shareholder approval to boost the number of shares outstanding in order to enable a stock split. The videogame retailer is proposing an increase to 1 billion shares from 300 million. The stock surged 16.6% in the premarket. Apple (AAPL) … Read more

Euro zone inflation: March 2022 ECB policy

Christine Lagarde, President of the European Central Bank. Daniel Roland | dpa | Getty Images The cost of living hit another record high in the euro zone last month, raising further questions about how the European Central Bank can stabilize such rapidly rising consumer prices. Headline inflation came in at 7.5% for March on an … Read more

The Great Resignation is still in full swing. Here’s what to know

A Now Hiring sign is displayed at a restaurant in Arlington, Virginia, on March 16, 2022. Stefani Reynolds | dpa | Getty Images The pandemic-era trend known as the “Great Resignation” remains a prominent feature of the labor market, as favorable conditions lead workers to quit their jobs at near-record levels in search of better … Read more

Robinhood, Chewy, HR, Lululemon and more

Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, US, July 29, 2021. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Robinhood — Shares of the stock-trading app fell 5.8% … Read more

Russia invasion of Ukraine is increasing risk of a recession in Germany, think tank says

Berlin’s Brandenburg Gate on the occasion of the Earth Hour, on March 26, 2022. Tobias Schwarz | dpa | Getty Images Germany’s heavy reliance on Russian energy could tip its economy into recession, an independent economic think tank warned on Wednesday. There are rapidly rising concerns over what Russia’s unprovoked invasion of Ukraine will mean … Read more

5 things to know before the stock market opens Wednesday, March 30

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks lower after logging a multiday winning streak Traders on the floor of the NYSE, March 29, 2022. Source: NYSE US stock futures pointed to a lower open Wednesday, one day after the Dow Jones … Read more

BioNTech, Five Below, Lululemon and others

Check out the companies making headlines before the bell: BioNTech (BNTX) – The drug maker’s shares jumped 5.9% in the premarket after reporting significantly better-than-expected revenue and profit for the fourth quarter. BioNTech also reiterated its prior vaccine revenue guidance for 2022. Five Below (FIVE) – The discount retailer’s stock slide 3.4% in premarket trading … Read more