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Elite Financial Group

JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse

by Elite Financial Group | May 19, 2025 | Financial Services

JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.Read More…

Klarna doubles losses in first quarter as IPO remains on hold

by Elite Financial Group | May 19, 2025 | Financial Services

Klarna said its net loss for the first three months of 2025 totalled $99 million, up 110% from a year ago.Read More…

UK clamps down on ‘wild west’ of buy now, pay later sector with new rules

by Elite Financial Group | May 19, 2025 | Financial Services

Buy now, pay later plans are set to face regulation in the U.K. after the government laid out proposals to bring the short-term loans under formal rules.Read More…

China’s April retail sales growth of 5.1% misses expectations as consumption remains a worry

by Elite Financial Group | May 18, 2025 | Financial Services

The National Bureau of Statistics is scheduled Monday to release economic data in April showing impacts from the drastic U.S. tariffs.Read More…

Federal Reserve will reduce staff by 10% in coming years, Powell memo says

by Elite Financial Group | May 16, 2025 | Financial Services

The staff cuts could result in more than 2,000 fewer jobs at the U.S. central bank.Read More…

How to trade gold and bitcoin after the big stock market rebound

by Elite Financial Group | May 16, 2025 | Financial Services

Gold could resume its rally and head for $5,000, and it might be a good time to take some risk out of bitcoin investing, according to ETF experts.Read More…
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