Jamie Dimon warns Iran war could drive inflation, interest rates higher

JPMorgan Chase CEO Jamie Dimon warned in his annual letter to shareholders that the war in Iran could lead to more stubborn inflation as well as higher interest rates than what the market is currently anticipating. Dimon’s letter was released Monday in conjunction with JPMorgan’s annual report for 2025 and said that the Iran war may cause energy shocks along with disruptions to global supply chains that could cause inflation to remain higher than expected.Inflation…

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Marc Andreessen Says AI Job Loss Fears Are “All Fake”

Marc Andreessen said artificial intelligence will spark a “massive jobs boom,” dismissing fears of widespread job losses as “all fake” in a Sunday post on X.His optimism contrasts with a March US jobs report showing unemployment holding steady at 4.3%, while the number of people unemployed for 27 weeks or…