Jamie Dimon warns of 5 economic threats lurking ‘under the surface’

JPMorgan Chase CEO Jamie Dimon warned that while the U.S. economy is being driven by both consumer spending and business investment, there are five economic threats that may challenge that growth. Dimon’s comments were included in JPMorgan’s quarterly earnings release last week, which noted the nation’s largest bank missed Wall Street analysts’ profit expectations.”The U.S. economy continued to be fueled by strong business investment and ongoing consumer spending,” Dimon said. “However, large fiscal deficits, sticky…

United States

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Made An ‘Honest’ Mistake With Crypto Taxes? New Bill Offers Way Out

Crypto investors who failed to report trades in previous years may soon breathe a sigh of relief thanks to legislation currently advancing in the US Congress.Section 502 of the Digital Asset Tax Certainty Act, H.R. 10357, would require the Treasury secretary to establish a Digital Asset Voluntary Disclosure Program within…

Lifestyle

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Trader Joe’s announces new stores amid plans to open 30 locations in 2027

Jingle Jangle is about to be sold out in even more stores. Trader Joe’s — home of infamous seasonal treats like Apple Cider Donuts, Pumpkin-Flavored Joe-Joe’s and the Christmas favorite Jingle Jangle — has announced more locations are on the way. The nation’s favorite grocery chain recently announced on its…