JPMorgan CEO Jamie Dimon Calls For Federal Employees To Return To Office, Says Empty Buildings ‘Bother’ Him: ‘I Can’t Believe…’Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon has called for federal employees in Washington, DC, to return to their offices, highlighting the ongoing debate over remote work policies.What Happened: Speaking at The Atlantic Festival, Dimon expressed his frustration with the number of empty buildings in the capital, according to Business Insider on Friday.“By the way, I’d also make Washington, DC, go back to work. I can’t…
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So far, Quant Mutual Fund has not made it clear whether it is being investigated for front-running. They have only said that they received inquiries from Sebi. It then released an FAQ that sheds no light on the investigation. The first faq is, “Has the SEBI enquiry concluded? : No, it is a regular ongoing process globally by regulators to collect data and analyze it.”In this op-ed, SEBI-registered flat fee-only financial advisor Abhishek Kumar discusses why MF unitholders deserve more transparency from AMCs and the regulator.About the author: Abhishek is part of a freefincal’s curated list of fee-only financial advisors and a fee-only India…
The Commodity Futures Trading Commission today approved final guidance regarding the listing for trading of voluntary carbon credit derivative contracts.” The guidance applies to designated contract markets (DCMs), which are CFTC-regulated derivatives exchanges, and outlines factors for DCMs to consider when addressing certain Core Principle requirements in the Commodity Exchange Act (CEA) and CFTC regulations that are relevant to the listing for trading of voluntary carbon credit derivative contracts,” the CFTC said in a news release. “The guidance also outlines factors for consideration when addressing certain requirements under the CFTC’s Part 40 Regulations that relate to the submission of new…
Warren Buffett’s strategy of investing in companies with strong moats can be applied to REITs for building a solid investment portfolio. Read more here. Source link
Cathie Wood isn’t shying away from her Bitcoin predictions. It’s no secret that Bitcoin (BTC 0.06%) is capable of some truly eye-watering returns. Unfortunately, unless you were aware of the relatively obscure phenomenon in its earliest days, you may have missed the boat on gains in the ballpark of, say, 30,000% in a year like the one you saw from the summer of 2010 to the summer of 2011. But that doesn’t mean Bitcoin is done delivering serious growth. Cathie Wood, the maverick head of Ark Invest and outspoken Bitcoin advocate, definitely believes the cryptocurrency has a long way to…
(Bloomberg) — Investors are pouring money into corporate bonds, risk premiums are grinding tighter, and the Federal Reserve’s interest rate cut is reigniting hopes the US will dodge a recession.Most Read from BloombergSome money managers say the market is too complacent about causes for concern now.“You have the US election coming up, and expectations around economic growth in Germany are some of the weakest it’s been since pre-Covid times,” said Simon Matthews, a senior portfolio manager at Neuberger Berman. “Consumers are feeling the pinch and growth in China is slowing. When you pull that all together, it’s not telling you…
On Friday, Piper Sandler affirmed its Overweight rating on Chewy Inc . (NYSE:NYSE:) with a steady price target of $35.00. The endorsement comes in light of the company’s recent announcement of a significant $500 million stock offering by BC Partners. In a concurrent move, Chewy revealed its intention to repurchase $300 million of its shares from BC Partners, a decision that will decrease the private equity firm’s ownership stake from approximately 70% to around 57%, which equates to about 266 million shares. The reduction of BC Partners’ stake in Chewy is perceived as a positive development, as substantial private equity…
Tesla’s design language has become a benchmark in the electric vehicle industry, inspiring countless startups to emulate its aesthetic. While many have sought to differentiate themselves with unique designs, Lecar, a Brazilian newcomer, has taken a more direct approach. Their debut model, the Lecar 459 Hybrid, is a plug-in hybrid that bears a striking resemblance to the anticipated Tesla Model 2. This overt homage to Tesla’s design philosophy raises interesting questions about the future of electric vehicle aesthetics. While Tesla’s minimalist approach has garnered praise for its aerodynamic efficiency, it has also faced criticism for its perceived lack of visual…
U.S. Vice President Kamala Harris, the Democratic presidential nominee, speaks at the Cobb Energy Performing Arts Centre in Atlanta on Sept. 20, 2024. Harris spoke about abortion and reproductive rights in Georgia as she continues to campaign against Republican presidential nominee, former U.S. President Donald Trump.Joe Raedle | Getty Images News | Getty ImagesVice President Kamala Harris said on Saturday that she would be open to debating former President Donald Trump for a second time in October, ahead of the November U.S. presidential election.Jen O’Malley Dillon, chair of Harris and vice presidential nominee Tim Walz’s campaign, said in a statement…
Mercedes-AMG is set to reveal a limited edition variant of its second generation GT 63 PRO 4Matic+ coupe, aptly named the Motorsport Collectors Edition. This exclusive model arrives just in time for the 2024 Singapore Grand Prix, a prestigious event on the Formula One calendar. The GT 63 PRO 4Matic+ Motorsport Collectors Edition marks the beginning of a series of new models for the second-generation GT, which was introduced in 2024 and is closely related to the Mercedes-AMG SL. Unlike its predecessor, the second generation GT will only be available as a coupe, but it is expected to offer a…