Exclusive: JPMorgan CEO Jamie Dimon on AI, gold, tariffs, and crypto
And here’s what I’ve gleaned from attendees, when it comes to Dimon’s mentorship approach:source
Jamie Dimon gets real on AI, sees stocks ‘in some form of bubble territory’
“It will eliminate jobs,” Dimon said, pointing out that so did tractors and cars, once upon a time. “It happens too fast,” he said, referring to sudden, disruptive technological change.…
Amazon is planning a new wave of layoffs, sources say
Two sources told Fortune that Amazon’s human resources division—known internally as PXT or the People eXperience Technology team—will be hard hit, but that other areas of Amazon’s core consumer business…
Kamala Harris doesn’t believe her presidential run was her finale: A glass cliff ‘suggests finality, and I’m not into that’
While Kamala Harris, former vice president of the U.S., lost the 2024 presidential election, she hinted at Fortune‘s Most Powerful Women conference in Washington, D.C., on Tuesday that the defeat…
Beth Ford says ‘we need more legal immigration’ to help American farmers because a lack of labor could trigger a ‘black swan event’
“These are folks who oftentimes try to get American labor are struggling to do so,” Ford said. “They absolutely need labor, and if they don’t have it, that’s yet another…
‘Bitcoin Jesus’ reaches $50 million deal with DOJ to dismiss tax evasion charges
Although he was required to pay an exit tax on all his holdings upon renouncing his citizenship, Ver never paid tax on his Bitcoin, he admitted in the deferred prosecution…
‘It was the internet then, it is AI now’: IMF upgrades U.S. growth outlook but sees ‘echoes’ of late ’90s dot-com boom
The U.S. and global economies will grow a bit more this year than previously forecast as the Trump administration’s tariffs have so far proved less disruptive than expected, the International…
Ulta Beauty CEO says when you get passed up for opportunities ‘you can either choose to be bitter or you can be better’
The CEO prepared for her new role for years under former Ulta boss Dave Kimball, who led the beauty brand beginning in 2021. “I learned as much as I could…
Jamie Dimon’s latest crypto comments show CEO is warming to blockchain, silent on Bitcoin
“It’s going to replace certain systems that we all use that are clunky or late or not 24/7,” Dimon said, citing the short term loans known as intraday repos as…
Powell just gave his strongest hint yet that rate cuts are coming, and investors are jubilant: ‘Stage is set for parabolic Q4’
Federal Reserve Chair Jerome Powell is not known for giving decisive hints. Still, on Tuesday he did something rare: he openly acknowledged the rising “downside risks to unemployment” in a…
