News

JPMorgan Chase CEO Jamie Dimon unveiled a $24 million package to bolster American shipbuilding, funding a new submarine facility at the Philadelphia Navy Yard.

Warren Buffett believes Fed Chair Kevin Warsh will do the best job he can.

Like at peers Goldman Sachs and JPMorgan Chase, a massive beat in equities trading drove the quarter's outsized results.

The Berkshire Hathaway chairman left out the Gates Foundation from his annual charitable stock gifts for the first time in 20 years.

The new firm, Yorkville Ives & Co., will combine investment banking, equity research, institutional trading and principal investing.

Goldman Sachs and JPMorgan showed that Wall Street is a major beneficiary of the AI boom, with record revenue driven by surging trading and investment banking.

In remarks prepared for the appearance, Warsh promised a vigilant fight to return inflation to the Fed's 2% target.

Warren Buffett omitted the Gates Foundation from his annual charitable stock gifts.

Warsh pledged Tuesday to "get monetary policy right" and defeat the inflation that has bedeviled the central bank for the past five years.

Shenzhen-based LimX Dynamics is the latest humanoid company in China to raise capital in recent weeks as investors eye IPO exits.

Chances of a rate hike in July by the Federal Reserve rose as oil prices jumped on the latest developments in the Strait of Hormuz.

The Fed governor said inflation has expanded beyond the often-cited drivers such as the energy price spike in tariffs.