Dimon: "Embarrassment" being American
Asked about the current political climate's impact on business, JP Morgan Chase CEO Jamie Dimon slammed Washington's gridlock and lamented the "stupid s---" Americans have to deal with
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Asked about the current political climate's impact on business, JP Morgan Chase CEO Jamie Dimon slammed Washington's gridlock and lamented the "stupid s---" Americans have to deal with
Around 5.5 million young people in the United States are not in school or working. JPMorgan Chase announced plans this week to make a dent in that number, giving 10 states a total of $20 million in grants.
JP Morgan Chase CEO Jamie Dimon is vowing to spend $20 million to improve career education in American schools. Dimon outlined his education funding plan alongside former New York mayor Michael Bloomberg on CBSN's political show "Red & Blue."
JP Morgan Chase CEO Jamie Dimon and former New York City Mayor Michael Bloomberg are speaking out with their views on education. CBSN's Elaine Quijano moderated a forum on Capitol Hill with Dimon and Bloomberg about education planning.
The U.S., along with some of the nation's biggest banks, are pumping big bucks into Minority Depository Institutions.
Weak demand for oil and China’s slowing economy sent shockwaves through American markets. The S&P 500, Dow Jones and Nasdaq are all down more than eight percent since the start of the year. JPMorgan Chase CEO Jamie Dimon joins “CBS This Morning” to discuss the U.S. economy, politics and unveil a new jobs initiative called New Skills for Youth.
Aviation High School Senior Naiomi Capellan explains to CBS News how her high school is setting her up for a bright future in the aviation industry. For Capellan, her school offers more than a job; It has opened the door to a new set of skills and passions.
Jamie Dimon, Chairman and CEO of JPMorgan Chase has launched a new $75 million initiative to combat youth unemployment in the United States. CBS News' Lulu Chiang and Gilad Thaler met Dimon at Aviation High School in New York City to discuss the alarming percentage of unemployed youth and see how the private sector can help through backing trade schools.
Joanna Geraghty, President of JetBlue Foundation, explains how the airline is combating youth unemployment by recruiting students directly out of high schools. Geraghty discusses the benefits of businesses creating pipelines with trade schools to help the economy.
More car and truck models are identified in the Takata air bag recall, JPMorgan Chase is cutting jobs, and Walmart is the most-visited place in America. CBS News MoneyWatch's Jill Wagner joins CBSN with the day's business headlines.
Delta Air Lines CEO said Georgia's law was based on a lie of "widespread voter fraud" and "this is simply not true."
Jacob Frenkel, chairman of JPMorgan Chase International and the former governor of the Bank of Israel, lauded the European Central Bank's new stimulus program. Frenkel, speaking at the World Economic Forum in Davos, Switzerland, said the stimulus will allow European economies to be more flexible which would increase competitiveness. Senior Producer: Lulu Chiang; Digital Journalist: Gilad Thaler
AT&T will pay a $105 million fine for charging customers for services they never asked for. $80 million will be used for refunds. Plus, Citi Group and E-Trade were among the t least 12 other targets of the JPMorgan hackers. Jill Wagner reports on the day's top MoneyWatch headlines.
The nation's largest bank, JPMorgan Chase, said that information on 83 million accounts was compromised over the summer in a massive cyberattack. The bank originally thought only one million accounts were hit. Anthony Mason reports.
JP Morgan Chase says that hackers stole information from 76 million households and 7 million small business accounts in the recent data breach. Plus. the September jobs reports will be released Friday. Jill Wagner reports on the day's top MoneyWatch headlines.
The FBI is investigating cyber attacks on JP Morgan Chase and other banks, possibly by Russian hackers. Plus, a Napa Valley trade group is establishing a relief fund for wineries damaged by last weekend's earthquake. Jill Wagner reports on the day's top MoneyWatch headlines.
A number of major U.S. banks were hit by a cyberattack, aimed at stealing checking and savings account information. The FBI and Secret Service are now on the case. Bob Orr reports from Washington.
Dariel Vasquez, a graduate of The Fellowship Initiative, an intensive program focused on young men of color, talks about overcoming obstacles and giving back.
The Labor Dept. reports that the cost of goods -- before they reach consumers -- increased 5 percent in March. Plus, Subway gets rid of "yoga mat" chemical and Google glasses go on sale one day next week. Jill Wagner has your Moneywatch headlines.
The IRS is now starting to distribute the third round of stimulus checks, worth up to $1,400 per eligible adult and child. But the timing of getting a check may depend partly on a bank's policies, with some customers of JPMorgan Chase and Wells Fargo expressing frustration after the banks said the coronavirus relief payments won't be available until March 17. CBS Los Angeles reports.
JPMorgan Chase Chairman and CEO Jamie Dimon discusses the bank's new commitments and initiatives to help women and minority-owned businesses. He also discusses the economic recovery in the country, as the Senate prepares to debate the latest stimulus bill, the American Rescue Plan.
JPMorgan Chase CEO speaks with Jeff Glor; Tackling the stigmas of cannabis
Warren Buffett had touted joint venture as as a way to help contain soaring health care costs for workers.
Chief of largest bank warns of "considerable pain and suffering" if pandemic pushes U.S. into "double-dip" recession.
Parents can set allowances through Chase Mobile app, and each child gets their own debit card.
Incumbent GOP Sen. Bill Cassidy, who had occasionally broken with the Trump administration, did not advance to the runoff, CBS News projected.
At least 80 deaths have been reported in Congo's new Ebola disease outbreak in the eastern Ituri province, authorities said.
Two days of talks in Washington between Lebanon and Israel produced an extension of the current ceasefire by 45 days.
Police estimated that around 60,000 people attended the "Unite the Kingdom" march, making it one of the largest right-wing mobilizations seen in Britain in recent years.
Russia's Putin will travel to Beijing next week to meet China's Xi. The announcement came one day after President Trump returned from his own summit with the Chinese leader.
Approximately 40 million people across the West depend on the Colorado River for water every single day. But the region could soon face drastic measures as the river keeps shrinking.
FIFA President Gianni Infantino joked that if someone does pay $2 million for a ticket to the World Cup final, "I will personally bring him a hot dog and a Coke."
Iran and the U.S. cut diplomatic ties in 1980, and the players are expected to use their time in Turkey to complete the necessary procedures for obtaining visas.
Venezuela's government says it has deported a close ally of Nicolás Maduro to face judicial proceedings in the U.S. less than three years he was pardoned by President Joe Biden.
Incumbent GOP Sen. Bill Cassidy, who had occasionally broken with the Trump administration, did not advance to the runoff, CBS News projected.
"Survivor" 48 and 50 contestant Joe Hunter believes his sister Joanna, whose death was ruled a suicide, was murdered. He and their mother are working to be Joanna's voice and advocate for others who have experienced domestic violence.
FIFA President Gianni Infantino joked that if someone does pay $2 million for a ticket to the World Cup final, "I will personally bring him a hot dog and a Coke."
Approximately 40 million people across the West depend on the Colorado River for water every single day. But the region could soon face drastic measures as the river keeps shrinking.
The war with Iran has created an additional strain for farmers, raising the price of diesel by about 50%. The cost of nearly everything else, from seed to fertilizer, is rising too.
No injuries have been reported because of the issue, the Food and Drug Administration said.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
College grads outearn people without a degree within 15 years, even after paying for tuition, study finds.
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
Incumbent GOP Sen. Bill Cassidy, who had occasionally broken with the Trump administration, did not advance to the runoff, CBS News projected.
Police estimated that around 60,000 people attended the "Unite the Kingdom" march, making it one of the largest right-wing mobilizations seen in Britain in recent years.
Russia's Putin will travel to Beijing next week to meet China's Xi. The announcement came one day after President Trump returned from his own summit with the Chinese leader.
Rep. Julia Letlow, who was backed by President Trump in the primary against incumbent Sen. Bill Cassidy, has advanced to a runoff in the Louisiana Republican primary for Senate.
President Trump announced Friday evening that U.S. and Nigerian military forces had killed Abu-Bilal al-Minuki, a leader in the Islamic State group.
Genomic analysis showed the virus found aboard the MV Hondius shows no evidence of new characteristics so far.
At least 80 deaths have been reported in Congo's new Ebola disease outbreak in the eastern Ituri province, authorities said.
Tommy Bell thought he was in good shape. But a series of heart attacks painted a more complicated picture.
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
Iran and the U.S. cut diplomatic ties in 1980, and the players are expected to use their time in Turkey to complete the necessary procedures for obtaining visas.
This year's field of 35 contestants is the smallest since 2003.
Police estimated that around 60,000 people attended the "Unite the Kingdom" march, making it one of the largest right-wing mobilizations seen in Britain in recent years.
Colombia's presidential elections are scheduled for May 31, marking the end of the term for Gustavo Petro, the country's first leftist president.
At least 80 deaths have been reported in Congo's new Ebola disease outbreak in the eastern Ituri province, authorities said.
"Survivor" 48 and 50 contestant Joe Hunter believes his sister Joanna, whose death was ruled a suicide, was murdered. He and their mother are working to be Joanna's voice and advocate for others who have experienced domestic violence.
This year's field of 35 contestants is the smallest since 2003.
The "Survivor" season 50 finale premieres on Wednesday, and "CBS Saturday Morning" meets Sarah Polakiewicz, a "Survivor" superfan in Atlanta who built her own community around the show.
Kelly Reilly, Cole Hauser, and Finn Little of "Dutton Ranch" sit down with "CBS Saturday Morning" to discuss their characters' transitions from Montana to Texas, and more on the new "Yellowstone" spinoff.
Five-time Grammy winner and blues legend Taj Mahal is best known for hits like "Corinna" and "Statesboro Blues," and has collaborated with The Rolling Stones and Eric Clapton during his career that spans six decades. His latest album, "Time," was recorded with his long-time bandmates "The Phantom Blues Band." Here's Taj Mahal performing "Time."
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
Atlanta residents woke up to Waymo traffic jams on Friday. The driverless cars took over a quiet cul-de-sac. Skyler Henry has more details.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
President Trump's visit to Beijing comes as the U.S. and China compete for artificial intelligence supremacy. Matt Sheehan, senior fellow at the Carnegie Endowment for International Peace, joins with analysis.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
"Survivor" 48 and 50 contestant Joe Hunter believes his sister Joanna, whose death was ruled a suicide, was murdered. He and their mother are working to be Joanna's voice and advocate for others who have experienced domestic violence.
Mohammad Baqer Saad Dawood Al-Saadi, an Iraqi national, is facing federal charges for his alleged terror plots targeting Jewish institutions around the U.S.
A terror plot targeting Jewish institutions in New York, California and Arizona has been foiled, and a man linked to the alleged scheme is under arrest on Friday. Prosecutors say the Iraqi suspect is tied to other global attacks and claim he wanted payback for the U.S. and Israeli war on Iran. Tom Hanson reports.
An Iraqi national was arrested and charged with planning to carry out several terror attacks in the U.S., including at a New York City synagogue and other prominent Jewish centers in Los Angeles and Scottsdale, Arizona. CBS News' Anna Schecter reports.
Federal prosecutors charged an Iraqi national on Friday with planning several terrorist attacks in the U.S. as retribution for the Iran war. CBS News' Anna Schecter has the latest.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
In Peru, Illinois, the veterans reunite with the vintage warplanes they once flew. Noel Brennan has the story.
Anticipation is building for next month's World Cup Soccer Tournament, and so are costs, for both fans and the host cities. Adam Yamaguchi has more.
The Colorado River is on the brink of disaster. Its water is shared by seven states, which is a big part of the problem. Jonathan Vigliotti reports.
Workers for the busiest commuter rail service in North America are on strike. 3,500 Long Island Rail Road employees walked off the job in New York. Ali Bauman reports.
Many struggling American farmers had big hopes for President Trump's China summit. But many were still left with questions. Lana Zak reports.