Topic - Jpmorgan Chase

JPMorgan Chase said Friday that its profits dropped 15% in the fourth quarter, despite the bank reporting record quarterly revenue.

Bank profits largely fall in fourth quarter, but banks remain upbeat on economy and consumer →

JPMorgan Chase analysts also noted that Target’s customers are younger, and more college-educated and thus more likely to be affected by both ongoing inflation and the end of the moratorium on student-debt repayments.

Target stock downgraded as Pride merch backlash pushes losses near $14 billion →