The US national debt has now climbed by about $571.28 billion this year as Treasury data show total public debt outstanding approaching $39 trillion. According to the US Treasury’s Debt to the Penny dataset, total public debt outstanding stands at staggering $38.969 trillion as of April 7, 2026. The national debt has continued to rise…
TLDR Jamie Dimon said stablecoin issuers that pay interest on customer balances should face the same rules as banks. He argued that companies holding customer funds and paying interest operate like traditional deposit-taking institutions. Dimon stated that such firms should comply with capital, liquidity, and anti-money laundering requirements applied to banks. He said banks could…
The US government is increasing its national debt at a remarkable rate. New data from the Treasury Department shows the national debt exploded to over $38.513 trillion on January 26th. The figure represents an increase of over $132.987 billion in just one month. In an interview with David Rubenstein at the 2026 State of American…
The steep rally in Wall Street stocks is sparking worries among investors of a bubble forming, which could lead to a significant correction. Optimism over the prospects of artificial intelligence has lifted the valuations of several technology heavyweights including Nvidia, Microsoft and most recently, Oracle. This has propelled benchmark S&P 500, Nasdaq and the Dow…
America’s top banker Jamie Dimon has cautioned that U.S. stocks face a higher risk of a major correction than markets currently reflect, which he believes could occur within the next six months to two years. Dimon, who heads the country’s largest bank, JP Morgan, said he is “far more worried about the correction than others,”…
JPMorgan CEO Jamie Dimon has warned that World War III may have begun, citing extraordinary, unprecedented risks from escalating conflicts and alliances threatening global stability. The World on Edge: JPMorgan CEO Jamie Dimon Reveals Dark Scenarios Unfolding Jamie Dimon, CEO of JPMorgan Chase, has voiced significant worries about escalating geopolitical threats, calling global tensions the…
At the 2024 JPMorgan India Investor Summit in Mumbai, Jamie Dimon, Chairman and CEO of JPMorgan Chase, shared his thoughts on India’s growth prospects, global geopolitical tensions, and the evolving industrial policies that will shape the future. His thoughts spanned a wide range of topics, from JPMorgan’s expansion in India to U.S.-China relations and the…
Advertisement     Jamie Dimon, CEO of the financial juggernaut JPMorgan Chase, has consistently derived Bitcoin (BTC) and once again expressed his dislike for the preeminent cryptocurrency. While Dimon decried BTC, he expressed support for the digital asset’s underlying technology. The banking magnate said in a recent interview at the Georgetown Psaros Center for…
Get Email Alerts and Follow Us: U.S. banks are on the verge of a significant regulatory relief, potentially saving them tens of billions of dollars as regulators consider easing proposed capital reserve requirements. Following intense lobbying led by figures like JPMorgan Chase‘s Jamie Dimon, regulators might reduce the initially suggested 19% increase in core capital…