Finance

Pedestrians pass a JPMorgan Chase bank branch in New York. Michael Nagle | Bloomberg | Getty Images JPMorgan Chase has named Marianne Lake and Jennifer Piepszack to run the company’s sprawling consumer bank after its long-time manager announced his retirement. Lake, the bank’s former chief financial officer who most recently served as consumer lending head,
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Ohio Gov. Mike DeWine said Thursday that the state would end its participation in federal unemployment programs June 26. Justin Merriman | Getty Images News | Getty Images More than a dozen states are withdrawing from pandemic-era unemployment programs — forgoing billions of dollars in federal funds that would otherwise flow to out-of-work residents. Here’s
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Sherry Ann Mohan, Managing Director at Goldman Sachs Source: Goldman Sachs Goldman Sachs continues to lose key managers at its fledgling consumer banking business. The chief financial officer for Goldman’s consumer business, which includes its Marcus brand and the Apple Card, is joining JPMorgan Chase, according to an internal memo obtained exclusively by CNBC. Sherry
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Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming service fell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts’ forecasts. DoorDash (DASH) –
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Joggers run along the Bund across from the Lujiazui Financial District in Shanghai, China, on Saturday, April 10, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s once-a-decade census showed that the national population of the mainland was 1.41 billion people as of Nov. 1, 2020. The average annual growth rate was 0.53%
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Gov. Asa Hutchinson said Arkansas will end enhanced unemployment benefits June 26. Andrew Harrer/Bloomberg via Getty Images Tensions are flaring over a $300 supplement to weekly unemployment benefits. A weaker-than-expected April jobs report has led to outcry in some circles that the payments are fueling a labor shortage. The extra aid offers an incentive for
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In this article ETH.CM= LTC.CB= BTC.BS=-USS Cameron Winklevoss, left, and Tyler Winklevoss  David Paul Morris | Bloomberg | Getty Images Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, is going all in on dogecoin. Starting Sunday, the Gemini app will let clients move their holdings in dogecoin into interest-bearing accounts through its Gemini
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Joan Slatkin/Education Images/Universal Images Group via Getty Images More than 1 in 4 unemployed Americans have been out of work for over a year, according to Bureau of Labor Statistics data issued Friday. Long-term joblessness has been rising steadily throughout the Covid pandemic and poses greater financial risks for affected households. Nearly 2.7 million people
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