Today's Business Headlines: 03/28/26
is far more important than market swings, JPMorgan Chase CEO Jamie Dimon said Tuesday, after weeks of Wall Street jitters sparked by the conflict.“Look the markets are unpredictable and it’s hard to for me to tell you exactly what,” he said when asked about the economic impact of the conflict.
“But I think they’re just looking at, is there a chance something can go wrong now?” the exec added.have fallen about 7% since late February, though they were rallying Tuesday morning on news Trump had told aides that he’s willing to conclude the war without fully reopening the vital Strait of Hormuz. Warren Buffett's surprising revelation about his relationship with Bill Gates since Epstein scandal came to light“We should all hope nothing goes wrong. We should all hope that … we win this thing and clean up the straits and that Iran is no longer a threat to everybody,” he said.The CEO stressed that the outcome of the conflict outweighs any short-term moves in financial markets.The JPMorgan boss added that investors are watching for signs that conditions could deteriorate, rather than reacting to any single economic data point. The comments came during a wide-ranging interview that also touched on domestic economic policy, with Dimon criticizing high taxes and regulation in blue states.New York’s share of income millionaires has plummeted from a high of 12.7% of the national total in 2010 to 8.7% in 2022, according to the Empire Center, a fiscally conservative think tank. “It’s also individual taxes, state taxes, corporate taxes, and it drives people out,” Dimon said. “There’s a huge exodus taking place.”“I don’t think just taxing someone is going to attack the flaw,” Dimon told “Fox & Friends.” Instead, he called for policies aimed at driving economic growth, including regulatory reform, immigration changes and support for lower-income workers.At the same time, he highlighted JPMorgan’s “American Dream” initiative, aimed at expanding access to capital, housing and financial education. “We’re going to double down on small business, affordable housing, mortgages, financial education,” he said. Still, his message on Iran was blunt: markets may fluctuate, but the outcome of the conflict is what ultimately matters.Warren Buffett's surprising revelation about his relationship with Bill Gates since Epstein scandal came to lightDave Portnoy thinks Tiger Woods should be put ‘behind bars’ to teach him a lesson about DUI Last day to save on Kyle Richards’ Amazon favorites, from leggings to skincare that ‘makes such a difference’Sobhan Farajvan/Pacific Press/ShutterstockStream It Or Skip It: 'Jo Nesbø's Detective Hole' On Netflix, Where A Troubled Detective Tracks Down A Serial Killer Who Is Terrorizing Oslo
Iran Jamie Dimon Jpmorgan Chase Stock Market
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
What does DART need in its next CEO?With Nadine Lee stepping down as CEO of Dallas Area Rapid Transit, the board of directors will have to find a new leader who can guide the agency into the...
Read more »
Mitsubishi adopts JPMorgan blockchain for corporate paymentsThe most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more
Read more »
One of the Best Crime Thrillers Shows of All Time Is Officially Free To Watch 10 Years LaterJamie Dornan looking seriously over his shoulder in The Fall
Read more »
JPMorgan Chase unveils 'American Dream' initiative focused on small businessesThe bank plans to lend $80 billion to small businesses over the next 10 years as part of what it's calling the 'American Dream Initiative.'
Read more »
JPMorgan Chase launches American Dream Initiative to expand small business support across the USJPMorgan Chase's American Dream Initiative aims to support 10 million small businesses over 10 years, with a focus on entrepreneurship and supply chains.
Read more »
Jamie Dimon on 'FOX & Friends': US economy, AI, the American dream and blue state exodusJamie Dimon breaks down on 'FOX & Friends' why Americans are losing faith in the American Dream, what the Iran war means for your wallet, why people are leaving blue states, and how AI could reshape jobs and the future of work.
Read more »