Dimon is making his own bet on a digital coin that could transform the global payments landscape: JPM Coin.Financeread more
The Dow slipped from a record high set earlier in the day after President Trump cast doubt on the trade progress between China and the U.S.US Marketsread more
The U.S. and China have restarted their trade talks, but signs are showing a deal could be even harder to reach now.Marketsread more
Facebook's David Marcus said at a Senate hearing Tuesday that U.S. sanctions could be at risk without financial services innovation.Technologyread more
Goldman Sachs' transition from the bank of choice for millionaires to a more inclusive, consumer friendly shop isn't cheap.Financeread more
KeyCorp said in an 8-K filing the fraud involves a "business customer" and was discovered "on or about" July 9.Banksread more
The Trump administration "will take a look" after billionaire investor Peter Thiel said the FBI and CIA should see if Chinese intelligence has infiltrated Google.Technologyread more
On Monday, the first day of Amazon's 48-hour shopping extravaganza this year, retailers that make more than $1 billion in annual revenues saw a 64% increase in their digital...Retailread more
Builder confidence for single-family homes rose just one point to 65 in July, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI)....Real Estateread more
Expectations for lower interest rates and less fear about tariffs sent investors back into the market and set up what could be a profitable run ahead.Marketsread more
Johnson & Johnson vowed to defend itself against lawsuits alleging the company fueled the opioid crisis and that its namesake talc-based baby powder caused ovarian cancer and...Health and Scienceread more
The head of America's largest bank called the possibility of another government shutdown "just bad management."
"A democracy is a compromise by its nature. It's not a dictatorship. So anyone who says, 'my way or the highway on one issue,' isn't necessarily thinking about the United States of America," JPMorgan Chase CEO Jamie Dimon said in an interview airing Sunday on NBC's "Meet the Press."
Conservative Republicans are threatening to force a government shutdown over federal funding of Planned Parenthood. Congress must pass some type of spending bill by the end of the month in order to avert the government coming to a halt.
But several conservative members, outraged by videos produced by an anti-abortion rights group, say they will not vote for a bill that includes funding for Planned Parenthood. The organization runs clinics across the country that provide women's health services, including abortions in some states.
More from NBC News:
Jamie Dimon, in some ways, is the embodiment of the Wall Street that many of the presidential candidates are running against and he understands why he's kind of their punching bag. "You know, we had a crisis. A lotta people got hurt. And the average American looks at what happened and they kinda blame Wall Street which I would-- it's generally true," the CEO said. But he said mistakes have been admitted and that his bank and others are part of the solution now.
As for backing someone in the 2016 election, Dimon demured, "I am not going to get involved in politics at this point." In the past, Dimon has donated to Hillary Clinton but he admitted that that he hasn't decided who he will back yet.
However, he did weigh in on whether he thought a CEO has the right attributes to be President of the United States. "I think a CEO has attributes that are important to have ... It's not sufficient though. I think you have a whole other set of attributes."