Banking major JPMorgan Chase & Co. reported Friday higher earnings and revenues for its first quarter, both above Street estimates. The company said its lines of business recorded continued momentum in the quarter.In pre-market activity on the NYSE, JPMorgan shares were gaining around 6.03 percent.Looking ahead, Jamie Dimon, Chairman and CEO, said, "The U.S. economy continues to be on generally he...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.