9 ways to earn a credit card welcome bonus, responsibly

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners. Credit card welcome bonuses are a great way to quickly bolster your points, miles or rewards’ balances. But nearly all … Read more

JPMorgan sues Tesla for $162 million after Musk tweets soured warrant deal

JPMorgan Chase & Co has sued Tesla Inc for $162.2 million, accusing Elon Musk‘s electric car company of “flagrantly” breaching a contract the two corporate giants agreed in 2014 relating to warrants Tesla sold to the bank. Warrants give the holder the right to buy a company’s stock at a set “strike” price and date. … Read more

JPMorgan turns bullish on UK stocks for the first time since the Brexit vote

A woman walks past JPMorgan Chase & Co’s international headquarters on Park Avenue in New York. Andrew Burton | Reuters LONDON — JPMorgan has upgraded U.K. stocks to “overweight,” ending years of caution on British equity markets which the bank said are now trading at a “record discount.” The Wall Street giant had held a … Read more

Crypto is a religion not an investment, global investor Mark Mobius says

Global investor Mark Mobius on Wednesday called cryptocurrencies a religion, joining a chorus of digital coin skeptics at a time when bitcoin and ether are trading near all-time highs. “It’s a not an investment it’s a religion,” he founder of Mobius Capital Partners said on “Squawk Box.” “People should not look at these cryptocurrencies as … Read more

Wells Fargo has a new virtual assistant in the works and it’s named Fargo

A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto Chris Helgren | Reuters Wells Fargo is developing a virtual assistant to help it convert more retail banking customers into digital users, CNBC has learned. The assistant, named Fargo, will be able to execute tasks including paying bills, sending money … Read more

Bank earnings give big bullish signal to investors, showing consumer is flush and spending

Whether it is better loan growth, credit-card signups, or economic indicators like unemployment, banks are back in expansion mode. Source link

5 things to know before the stock market opens Wednesday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks to avoid a four-session losing streak Traders work on the floor of the New York Stock Exchange (NYSE), October 12, 2021. Brendan McDermid | Reuters 2. Supply chain woes, rising costs may make for … Read more

JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the Bloomberg Global Business Forum in New York, U.S., on Wednesday, Sept. 25, 2019. Tiffany Hagler-Geard | Bloomberg | Getty Images JPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Wednesday Here’s what Wall Street expects: Earnings: $3 per share, … Read more

JPMorgan’s Dimon says supply chain hiccups will soon ease, points to extraordinary consumer demand

JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images Global supply chain hiccups caused by the coronavirus have put a damper on economic growth, but the problem will be a fleeting … Read more