Business

Analysts At Berenberg Bank Indicated JPMorgan Chase & Co (NYSE:JPM) As Sell

Commercial net revenue was $1.8 billion, an increase of 4%, reflecting higher net interest income from higher average loan balances and deposit spreads. The fintech industry in recent months has had its own problems with loan volume growth and the possibility of increased regulatory scrutiny, but its technology could result in lost jobs.

Business

JPMorgan Chase Q2 Results Top View

JPMorgan Chase (NYSE:JPM) kicked off second-quarter bank earnings in auspicious fashion, beating analyst estimates and growing its top line. And the bank on Thursday sounded a relatively optimistic note about the potential impact of Britain's recent vote to leave the European Union.

Business

Turkish cleric Gulen says Erdogan behind coup, willing to be extradited

While Erdogan's sense of mission has led him to make significant foreign policy mistakes and alienate many leaders in the region and the West, domestically he maintains a large and well-organised support base. Moreover, mosques linked to the Turkish-Islamic Union for Religious Affairs and the Islamic Community of Milli Gorus all across Europe said prayers for Turks martyred during the illegal power grab.

Business

Dow hits record high

The tech-rich Nasdaq rose 0.6 percent to 5,034.06. The Nasdaq is still lagging the other two main USA stock market indexes. The index, which is heavily weighted with technology and biotech stocks, erased its losses for the year on Tuesday.

Business

Democratic National Committee Announces Convention Speakers

But his campaign said Wednesday that Sanders wouldn't use his delegates to pick a fight over the party platform and force votes on the convention floor. He is a delegate for Bernie Sanders. Obama will no doubt discuss working with her during her tenure as Secretary of State, as well as running against her in his first presidential campaign.

Business

Success of 'Pokemon Go' adds impetus for change at Nintendo

Another major feature skip is the ability to save game progress. The console also supports Wii's Classic Controller and Classic Controller Pro. The Japanese gaming company wants to ensure that the new console shall have a solid pipeline of video games and it has also been encouraging third-party developers to help them give the new gaming system a chance.