JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S. economy are around 35% to 40%, making recession the most likely scenario in his mind. When CNBC’s Leslie Picker asked Dimon if he had changed his view from February that markets were too optimistic on recession risks, he said…
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People cool off themselves with water sprays besides the Eiffel Tower in Paris on July 29, 2024, during the Paris 2024 Olympic Games. Luis Tato | Afp | Getty Images Cast out of the Olympic Games as a pariah due to its ongoing war in Ukraine, Russia appears to be hell-bent on hating on the international sporting tournament in…
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Disney reported its fiscal third-quarter earnings Wednesday, topping analyst estimates as its combined streaming businesses turned a profit earlier than expected. Here is what Disney reported compared with what Wall Street expected, according to LSEG: Earnings per share: $1.39 adjusted vs. $1.19 expected Revenue: $23.16 billion vs. $23.07 billion expected The company’s total segment operating income increased 19% to…
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