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JPM Oct 2024 150.000 call
- Yahoo Finance Video
JPMorgan's Dimon, Goldman's Solomon voice concerns on economy
In recent interviews, JPMorgan Chase (JPM) CEO Jamie Dimon believes a hard-landing scenario for the US economy is still possible while Goldman Sachs (GS) CEO David Solomon expects the Federal Reserve will keep interest rates higher for even longer based on AI efficiencies. Yahoo Finance's The Morning Brief report on these Big Bank reactions after the release of May's FOMC meeting minutes and what these comments say about overall confidence for the Fed's 2% inflation target For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Reuters
Orsted receives $650 million tax equity financing from J.P. Morgan
The tax equity allows for tax credit transferability under 2022 President Biden's Inflation Reduction Act, which corporate buyers can purchase to support clean energy storage projects in the U.S. Additionally, the Biden administration is undertaking a separate effort to identify areas in 11 western states best suited for solar energy development, which it expects to finalize by the end of the year.
- Zacks
JPMorgan (JPM) to Pay $100M Penalty for Trade Reporting Lapses
JPMorgan (JPM) is poised to pay a fine of $100 million to the CFTC over trade reporting lapses.
