Gas could soon hit $5 a gallon if Strait of Hormuz remains shut, JPMorgan analysis finds

Gas could soon hit $5 a gallon if Strait of Hormuz remains shut, JPMorgan analysis finds – CBS News Watch CBS News A new analysis from JPMorgan says gas prices could hit $5 per gallon as soon as this month if the Strait of Hormuz stays closed. Former Trump economic adviser Stephen Moore joins “The … Read more

Jamie Dimon: JPMorgan could offer prediction market services to investors

JPMorgan Chase CEO Jamie Dimon revealed that his bank is considering offering prediction market services to its customers. “It’s possible one day we’ll do something like that,” Dimon said in an interview with “CBS Evening News” anchor Tony Dokoupil, speaking about services such as Kalshi and Polymarket, which allow people to make bets on everything … Read more

JPMorgan Chase unveils

JPMorgan Chase is rolling out a new effort to support small businesses and revive economic mobility, as many in the U.S. say the American dream is slipping further out of reach. The nation’s largest bank said its “American Dream Initiative” will start with lending to small businesses and later expand into housing affordability, health care … Read more

From NIL deals to retirement at 35: JPMorgan aims to help athletes avoid bad money habits

NEW YORK — JPMorgan Chase said Wednesday that it will start building wealth advising services that help athletes who come into money as a result of their talents make that money work for them a long time. The initiative is not aimed just at ultrawealthy athletes of legend. The initiative is aimed at athletes across … Read more