24 Burst results for "J P Morgan Chase Bank"

"j p morgan chase bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:27 min | 2 weeks ago

"j p morgan chase bank" Discussed on Bloomberg Radio New York

"Country illegally from Mexico, Honduras and Guatemala. They also said nobody was wearing any personal protective equipment. The American driver was arrested and the truck seized after being reported stolen. And Sesame Street is addressing racism, the iconic show announced Thursday. It will be airing a half hour special called the Power of We which we'll talk about racism that help Children could stand up to it. That's the latest on Taylor. And I'm Charlie Pellet map. Bloomberg World. Hank Waters, an update and up Wikus well as Stumpy had its biggest weekly increase since July on optimism about Mohr fiscal stimulus Monica Descent, So is head of US equity strategy of J. P. Morgan Chase Bank. She says the move higher is also connected to the election. It doesn't appear increasingly likely that we'll see a blue wave And I think that is what the market is Pricing and right now, when you see equities continue to move, because if you only have a bite and win without, say, the Senate moving and the harder for him to get more of the stimulus done, and next week, Wall Street's focus will shift the bank earnings. Fed data show America's largest banks are maintaining the safest holdings in decades more from Bloomberg's Vinny del Jude Ice Big Banks haven't been this cautious and 35 years Federal Reserve reports cash treasuries and other securities effectively guaranteed by the federal Government make up more than 35% of the major banks combined balance sheets. That's the biggest share since 1985 and 5.5 points higher than the five year average, with bankers facing a wall of worry. Any doubt you'd iceberg radio. With the covert 19 pandemic largely under control in China, the Golden Week holiday is putting on display the country's confidence and its economic rebound as well as its public health measures. Leland Miller is the CEO of China Beige Book International. I think the images you're seeing in terms of travel or realize there is a real recovery going on in China right now. It's better than what you're seeing around the rest of the world because they're you know, they're solution to Jacoby was was so dramatic and so quick as some P 500 Index advanced by 30 points up 9/10 of 1% NASDAQ Up 159 Off 1.4% The Dow Up 161 up 6/10 of 1%. Global news 24 hours a day on air and on Bloomberg. Quick, Take power by more than 2700, journalists and analysts in more than 120 countries. I'm Charlie Pellet. This is Bloomberg. This is Bloomberg Law.

Bloomberg Bloomberg World Bloomberg Law China Charlie Pellet China Beige Book International J. P. Morgan Chase Bank Hank Waters Mexico federal Government Taylor Senate Guatemala Leland Miller Federal Reserve US Honduras America
"j p morgan chase bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:01 min | 2 weeks ago

"j p morgan chase bank" Discussed on Bloomberg Radio New York

"Pellet at Bloomberg World headquarters about Friday another winning week for the U. S stock market. In fact, the SNP had its biggest weekly increase since July, a 3.8% Those traders bet lawmakers are moving closer to providing Mohr fiscal stimulus. Alan Zentner is chief U. S economist that Morgan Stanley further fiscal stimulus is not the south for everything Cove. It still is the over arching a factor in this recovery. Oh, and we will get permanent job lost from it. Think when we look at our unemployment rate forecast, even two years from now, we're still a few percentage points above where we were Three Cove in which it does reflect an expect patient. Ah, some amount from that job lost. The presidential election is also very much on the minds of investors. John Normand is head of cross assets strategy of J. P. Morgan Chase Bank. The simplest way to think about what's going on in markets is there Moving from a fixation on agro slowdown, which was really what started to grip in August and September, too. The idea that the cycles can't get rebooted through fiscal stimulus under a Democratic sweep, and Michael shall rule is the CEO of market Field Asset Management. I think if there's one thing we considered 2020 Israel follow the second type with a degree of uncertainty that we live with on a day to day basis in the idea of of the election can be settled, and if I had a normal democratic way at the beginning of November You know, it is understandably appealing to people. So an update for the Dow, the S and P and NASDAQ president Trump saying he now wants an even bigger package than what Democrats had offered SNP up. 30 points up 9/10 of 1% the down 161 up six tents Now stack up 159 up 1.4%. Global news 24 hours a day on air and on Bloomberg. Quick, Take power by more than 2700, journalists and analysts in more than 120 countries. I'm Charlie Pellet. This is Bloomberg. This is Bloomberg.

Three Cove Bloomberg Bloomberg World SNP Charlie Pellet J. P. Morgan Chase Bank Alan Zentner CEO of market Field Asset Mana John Normand Mohr Morgan Stanley U. S Israel NASDAQ Michael Trump
"j p morgan chase bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:57 min | 2 weeks ago

"j p morgan chase bank" Discussed on Bloomberg Radio New York

"Week for the U. S stock market. In fact, the SNP had its biggest weekly increase since July, a 3.8% Those traders bet lawmakers are moving closer to providing Mohr fiscal stimulus. Ellen Zentner is chief U. S economist that Morgan Stanley further fiscal stimulus is not the south for everything Cove. It still is the over arching A factor in this recovery on we will get permanent job lost from it. Think when we look at our unemployment rate forecast, even two years from now, we're still a few percentage points above where we were Three Cove in which it does reflect and expect patients are some amount of permanent job lost. The presidential election is also very much on the minds of investors. John Normand is head of cross assets strategy of J. P. Morgan Chase Bank. The simplest way to think about what's going on in markets is they're moving from a fixation on agro slowdown, which was really what started to grip in August and September, too. The idea of the cycles going get rebooted through fiscal stimulus under a democratic sweep, and Michael shall rule is the CEO of Market Field Asset Management. I think it is one thing we conserve 2020. Israel follow the sick and tired with a degree of uncertainty that we live with on a day to day basis, the idea that the election can be settled and if I had a normal democratic way of the beginning of November. You know, it is understandably appealing to people. So an update for the Dow, the S and P and NASDAQ president Trump saying he now wants an even bigger package than what Democrats had offered SNP up. 30 points up 9/10 of 1% the down 161 up six tents Now stack up 159 up 1.4%. Global news 24 hours a day on air and on Bloomberg Quick, take power by more than 2700, journalists and analysts in more than 120 countries. I'm Charlie Pellet. This is Bloomberg. This's.

Three Cove SNP Bloomberg J. P. Morgan Chase Bank Bloomberg Quick Ellen Zentner CEO of Market Field Asset Mana Charlie Pellet John Normand Michael Mohr Morgan Stanley U. S Israel NASDAQ Trump
"j p morgan chase bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:04 min | 2 weeks ago

"j p morgan chase bank" Discussed on Bloomberg Radio New York

"I'm Lisa Taylor. Stand. I'm Charlie Pellet at Bloomberg World Headquarters. I'm not Friday another winning week for the U. S stock market. In fact, the SNP had its biggest weekly increase since July of 3.8%. Those traders bet lawmakers are moving closer to providing Mohr fiscal stimulus. Ellen Zentner is chief U. S economist that Morgan Stanley further fiscal stimulus is not the south for everything Cove. It still is the over arching a factor in this recovery. Oh, and we will get permanent job lost from it. Think when we look at our unemployment rate forecast, even two years from now, we're still a few percentage points above where we were Three Cove in which it does reflect and expect patient someone out of a permanent job. Lost. The presidential election is also very much on the minds of investors. John Normand is head of cross assets strategy of J. P. Morgan Chase Bank. The simplest way to think about what's going on in markets is there Moving from a fixation on agro slowdown, which was really what started to grip in August and September, too. The idea that the cycles can't get rebooted through fiscal stimulus under a Democratic sweep, and Michael Shaoul is the CEO of market Field Asset Management. So I think if there's one thing we can say 2020 Is little folly. Second, tied with a degree of uncertainty that we live with on a day to day basis in the idea that the election can be settled, and if I had a normal democratic way of the beginning of November. You know, it is understandably appealing to people. So an update for the Dow, the S and P and NASDAQ president Trump, saying he now wants an even bigger package than what Democrats had offered as some P up, 30 points up 9/10 of 1% the down 161 up six tents. NASDAQ Up 159 UP 1.4% Global News 24 hours a day on air and on Bloomberg quick, Take power by more than 2700, journalists and analysts in more than 120 countries. I'm Charlie Pellet, This is Bloomberg. This is Bluebird.

Three Cove Charlie Pellet Bloomberg World Headquarters Bloomberg Michael Shaoul Lisa Taylor SNP J. P. Morgan Chase Bank Ellen Zentner CEO of market Field Asset Mana NASDAQ John Normand Mohr Morgan Stanley Trump
"j p morgan chase bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:31 min | 2 weeks ago

"j p morgan chase bank" Discussed on Bloomberg Radio New York

"Traders abetting lawmakers, We're moving closer to providing Mohr fiscal stimulus. The benchmark equity gauge rose for a third day with President Trump, saying he now wants an even bigger package from what Democrats had offered. Here's where we end of the week s and P up 30 of 34 77 on the S and P up today by 9/10 of 1%. The Dow off 161 points up 6/10 of 1% positive for the year and stack up. 159 points up. 1.4% Tenure up. 3 30 seconds 10 Year Yield 100.77% Gold up 1.9% 1930 beyond San West Texas enemy accrued down 1.6%. $40.52 a barrel Monica descent, So his head of US equity strategy of J. P. Morgan Chase Bank it on Bloomberg Television this morning, she talked about what a blue wave might mean for stocks. Probably left of the rhetoric and noise between the US and China may be a little more tension with Russia, but a think you're going to see us moving more in lockstep with many of the major countries. I think that's going to be constructed for equities. Jamie Diamond sees a need to begin returning to what work looked like before the pandemic struck that he concedes the path to normal is still a long one. Morgan Chase's CEO, said his firm, which has been among the coldest on Wall Street and bringing back employees in the office, is still aiming for just 15 to 25% of capacity. Goldman Sachs says he represents.

Morgan Chase President Trump US J. P. Morgan Chase Bank Jamie Diamond abetting Goldman Sachs Mohr Bloomberg Television CEO San West Russia China
JPMorgan requiring that traders return to the office by Sept. 21

KYW 24 Hour News

00:13 sec | Last month

JPMorgan requiring that traders return to the office by Sept. 21

"The days of work from home are nearly over at J. P. Morgan Chase. Bank is ordering most sales and trading staff back to the office by September 21st the strongest move yet by a U. S Bank to re staff. It's workplaces

J. P. Morgan Chase U. S Bank
"j p morgan chase bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:08 min | 2 months ago

"j p morgan chase bank" Discussed on Bloomberg Radio New York

"Rich Johnson and I'm Charlie Pellet at Bloomberg World headquarters. It was a mixed Friday. Tech shares fell is the White House rant up its confrontation with China. One of better than forecast jobs report helped fuel advances for smaller U. S companies. Anastacia Amorosa is head of cross asset thematic strategy at J. P. Morgan Chase Bank. It was clearly a solid payrolls report that exceeded expectations, and what I particularly liked about it is how white spread the job gains have been its many different sectors that specifically leisure hospitality retail. They've all seen jobs added administration reaction from Larry Kudlow, director of the National Economic Council. This is a hot spot Payroll report. This is July 20th 18 and the surging hot spots in the South and west and some other places began. In the back end of June and lasted through July. You know there was some pullback of Rio openings and so forth and yet and yet we still got 1.8 million with a big define almost a full percentage point drop in the unemployment rate. As for the market back crop following the employment report, Marvin Lo is senior strategist for global macro at State Street. Ultimately, we're still a stimulus driven market, and that really hasn't changed. So you know that that remains my overlay and kind of the way I'm looking at asset values. The data is showing that there is some resilience in the economy. A ban on movie studios owning theaters that dates back to Hollywood's golden age has been scrapped by a federal judge. Who said changes in the industry have rendered the restriction obsolete Stocks next the S and P 500 index up two points, up less than 1/10 of 1%. The Dow up 47 up too tense Man Stack fell 97 down 9/10 of 1%. Global news 24 hours a day on air and on Bloomberg quick take power by more than 2700 journalists and Alice And more than 120 countries. I'm Charlie Pellet. This is Bloomberg. I'm Barry results. You're listening to master's business on Bloomberg Radio. My special guest this week is Paul Wraith. Pol is the chief program designer for the new Ford Bronco as well as chief designer for Ford. Let's talk a little bit about the design process. Let's use the Bronco as as an example. How long have you been working on this new car? And is that typical? For either a new vehicle or the reintroduction of an older vehicle. Whether we're with you and you need vehicle reinstituting on iconic nameplate, Thank you take pretty much same amount of time. It's always a very difficult question to answer the phone because He sort of think that you would walk into the studio and say here, everybody. Here's the brief Some indeterminate period in the future. Okay, thanks very much. This is great. We'll just take this from here on out again. But we have we have a build up to and then we have a soft run out so The amount of time it takes a vehicle. A little bit. A little bit difficult to tie down. But what I can tell you, I think it was the The North American also showed 2017 sitting up in the in the Cobo. Detroit Looking down, then CEO announced that Bronco was coming back. And I think that's probably for me the point when I really although it was on my plate. That was the bit where I really passionate. What? Yeah, Thegame. He announced it on the Screen behind evidence the Bronco coming back my nose is all the journalists head around, may also went up there to each other, start scribbling seriously inviting me. There's an energy Um, this is normal. This is much bigger than sort of anticipated. You know we don't We don't run away, not making model. So the way you know we need to go through a heavy period of learning. Absorbing information before we start to really start putting pen to paper and first on this particular project. Putting the pen space was quite unusual. We bent the rules all over the place. Tio get this vehicle through because although he's got a fantastic product development process We needed to reshape it a little bit to fit. Don't go into it. And so we we didn't glamour. Catches my coordinates industry technically produces designers will do it. It's just that we had a different focus. The design of the vehicle emerged from tiny doodled on post it notes. Non scraps of paper. That was Pinto wall where we were Trying, Tio. Imagine our way through a day in the life of our customers. Then we were realising that there were problems along the way in there, it's roleplaying. When we were designing a solution for that, as a designer puts pen to the paper, they make something look like something actually, from those little during the glimmer of the design of the vehicle began to emerge. Then we went straight into the actual reality didn't make physical properties. Normally, the car industry makes scale clay model little Things that sort of a yard or so long. Skip. That process entirely went virtual and then on the next stage is to make a full sized vehicle, but not one made from modeling clay, which is typical of the current street. Medium we made something out of a packing material. We could all get in and out ofthe, stand on and play with an open closed doors and modifying hack and immediately start modifying. I read somewhere that one of the VPs at Ford had one of the original Broncos and your team took it and did a laser scan and imported it into v R, so you could literally get all of the proportions and measurements. As a frame of reference. Well, first of all, is that story True, and if it is true, how helpful was that process? That is really true. That's the wrong kind of used to belong to and still does bunk in my boss, the vice president doing Mori Kanna On what's terrific about his Broncos, actually. Pretty stoke. You know, there's almost no such thing as a sound. The Bronco no longer a ll be modified. As it passed through the hands of audio. Three families changed their purpose. You know, in parts of needed through place on Mars is really original, and it's quite beautiful, so it's sort of the goods. Reference point to what we did way have very sophisticated equipment that is super accurate, can pick up the orange peel in the painted surface scans down to a fraction of a millimetre thousands of a moment. So we did scanner. We didn't force it into our particular into our engineering CAD software. And it became A layer of information in amongst all the other ladies information that.

Broncos Charlie Pellet Ford Bloomberg Bloomberg World Larry Kudlow Anastacia Amorosa Ford Bronco Bloomberg Radio White House J. P. Morgan Chase Bank China Rio Rich Johnson Marvin Lo National Economic Council director Paul Wraith Detroit
"j p morgan chase bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:07 min | 2 months ago

"j p morgan chase bank" Discussed on Bloomberg Radio New York

"Show. But it's not final until next time. Richard Johnson and I'm Charlie Pellet at Bloomberg World headquarters. It was a mixed Friday. Tech shares fell is the White House rant up its confrontation with China, while a better than forecast jobs report helped fuel advances for smaller U. S companies. Anastacia Amorosa is head of cross asset thematic strategy at J. P. Morgan Chase Bank. It was clearly a solid payrolls report that exceeded expectations, and what I particularly liked about it is how white spread that job gains have been many different sectors, but specifically leisure, hospitality retail. They've all seen jobs. Added administration reaction from Larry Kudlow, director of the National Economic Council. You know this was a hot spot. Payroll report. This is July 20th 18 and the surging hot spots in the South and West and some other places began in the back end of June and lasted through July. You know, there was some pullback of reopening and so forth. And yet and yet we still got 1.8 million with a big decline almost a full percentage point drop in the unemployment rate. As for the market back crop following the employment report, Marvin Lo is senior strategist for global macro at State Street. Ultimately, we're still a stimulus driven Market, and that really hasn't changed. So you know that that remains my overlay and kind of the way I'm looking at asset values. The data is showing that there is some resilience in the economy. A ban on movie studios owning theaters that dates back to Hollywood's golden age has been scrapped by a federal judge who said changes in the industry have rendered the restriction obsolete. Stocks next. The S and P 500 index up two points, up less than 1/10 of 1%. The down 47 up two tents. NASDAQ fell 97 down 9/10 of 1%. Global used 24 hours a day on air and on Bloomberg. Quick, take power by more than 2700 journalists and Alice and more than 120 countries. I'm Charlie Pellet. This is Bloomberg. This is balanced.

Charlie Pellet Bloomberg Anastacia Amorosa Bloomberg World Larry Kudlow Marvin Lo White House Richard Johnson J. P. Morgan Chase Bank senior strategist National Economic Council Alice China West Hollywood director
Banks Under Fire for Alleged Unequal Lending Practices

Business Wars Daily

03:17 min | 4 months ago

Banks Under Fire for Alleged Unequal Lending Practices

"The practice of red lining were denying financial and other services to people based on race, was outlawed in nineteen, sixty eight, but last week several Chicago Chase Bank branches closed temporarily as protesters call for racial equity and lending from the nation's largest bank and expose published in early June by nonprofit newsroom city bureau and WBZ radio found that off the seven and a half billion dollars in Chicago home. Purchase loans approved since two thousand, twelve, less than two percent was loaned in black majority neighborhoods. The bank is also the subject of a Federal Class Action Lawsuit. That suit alleges that chase shutout. Business. Borrowers from the paycheck protection, program or PCP. Stacey Hawkins Armstrong's the founder of shop. poppin gourmet. Popcorn in Westchester. She told news station ABC seven Chicago the. She tried to file her PP loan application with chase. On the first day. They were accepted, but she got nothing but error messages desperate to keep her doors open and her four employees on payroll. She ultimately secured a smaller loan through a different bank. She believes that chase prioritized. It's favored customers and left small businesses like hers in. In the cold, She's not alone the US. House of Representatives is launching probes into how several banks including J. P.. Morgan Chase Bank of America and Citigroup made P P P loans according to the Orange County Register. Critics allege that big banks service business customers and Shutout underserved borrowers from the funding pool. redlining continues in subtle ways today, including in how P P P loans. Loans were distributed according to Everett. Sand CEO of small business lender lend Distri in a report in fortune as business wars daily reported earlier this month. The Small Business Administration gave no guidance to lenders to prioritize underserved communities about ninety percent of black owned businesses have no employees ease sands, says P, P P rules. Regarding sole proprietors came out last that let these entrepreneurs unclear about. About which loans were available to them? The SBA hasn't released the demographics of WHO received PPP loans, but a survey report by color of change and UNIDOs US is revealing more than half of black and Latin next small business owners who sought assistance requested less than twenty thousand dollars in funding only about one in ten received the funding. They ask for according to the report. One united the nation's largest blackout bank has been working to help black owned businesses get better access to loans in the second round of stimulus funding, federal government allowed thirty billion dollars to smaller and minority owned banks such as community development, financial institutions were CDFI's one united secured some of that funding with that on April. Twenty nine, the bank launched its own P. Program. The bank committed to lending to black owned businesses and self-employed people. It's I. P P Loan, went to an uber driver. Time will tell who was more effective in getting money to black owned businesses, but the stakes couldn't be higher. A recent report by the Brookings Institution Warns Covid. Nineteen could wipe out a decade of economic gains by black owned businesses as Congress debates whether create another stimulus round. The future of many black owned businesses hangs in the balance.

Stacey Hawkins Armstrong Chicago Chase Bank Small Business Administration Morgan Chase Bank Of America Chicago Brookings Institution J. P House Of Representatives Cdfi Orange County Westchester ABC Everett Congress CEO Founder Citigroup Distri
Unemployment And The Racial Divide

The Indicator from Planet Money

02:14 min | 5 months ago

Unemployment And The Racial Divide

"A few months ago, a team of researchers from the J. P. Morgan Chase, institute and the University of Chicago put together a report from a huge new set of data and Stacey I hate sound too nerdy about this. You love data I know maybe I don't need this. But actually this data sat is really exciting and really quite extraordinarily. The data said that was put together for us for this study was very valuable and doing analysis. That wasn't possible before. That is economists, Damon Jones from the University of Chicago. Harris School of public policy, Damon is on that team of researchers, and basically he says the data come from about one point eight million J.. P. Morgan. Morgan Chase banking customers that is a huge sample which allows his team of researchers to see the different sources of income for families, this income can beat from things like your wages from your job, but also for example, a tax refund or unemployment insurance benefits, and the team can also see how families are spending their money almost in real time month to month or in some cases week. Week to week it's a view into how people make economic decisions, and crucially it lets researchers break down the data by race and ethnicity to offer a picture of the ways that different racial and ethnic households experienced the economy in different ways on one. The first findings that we've found looking at take home pay so that's how much is being directly deposited into your account. Is that we? We found on average that black and Hispanic families earned about seventy cents on the dollar when compared to their white counterparts, the median Hispanic family and the medium black family make roughly thirty five thousand dollars a year, the median white family about forty seven thousand dollars a, and that doesn't matter whether you look at the lowest earners or the highest earners are people who were in the middle. There's consistently a lower level of take home income for the black and Hispanic families, and another finding was that there are big disparities in the money that people have saved up and can use to pay their bills. This money is called liquid assets, liquid assets or things like cash. Your bank account things similar to cash

Damon Jones University Of Chicago J. P. Morgan Chase Morgan Chase P. Morgan Stacey Harris School Of Public
Small Business Rescue Earned Banks $10 Billion In Fees

NPR's Business Story of the Day

03:53 min | 6 months ago

Small Business Rescue Earned Banks $10 Billion In Fees

"Right now small businesses are desperate for loans. Congress allocated three hundred and forty nine billion dollars for small businesses. That money was gone in less than two weeks but not all of it went to small businesses around. Ten billion dollars went to banks to cover processing fees. Npr's Laura Sullivan has been looking into financial records. Good Morning Laura. Good morning at ten billion dollars is a lot of money. What are banks doing to to earn that money? So banks like J. P. Morgan Chase Bank of America. Pnc and dozens of others are processing the loans. They're essentially the middlemen. They take the applications from their small business clients and they funnel those requests up to the Small Business Administration which approves the loan and what's important to note here. Is that the money the banks are getting for? Their clients isn't their money. I mean this isn't bank money. This is taxpayer money. Taxpayers are funding loans for small businesses to cover things like payroll rent and utilities during the crisis. Okay something for taxpayers to think about. Let me ask you. What's the incentives for the banks to process all these small business loans so fees? We took a deep dive into the public financial records of companies and banks and we found the banks are making billions of dollars in fees. According to the programs rules banks can take anywhere from one to five percent of the entire loan and keep it as a fee depending on how much the loan is worth so any loan up to three hundred fifty thousand dollars. The banks get five percent of that money alone between two million ten million dollars. The banks get one percent of that money so for example the parent company of. Ruth's Chris Steak House. Got A ten million dollar loan from the program J. P. Morgan Chase which according to financial records process that loan thought one hundred thousand dollar fee for this one time transaction and remember these loans. Carry no risk for J. P. Morgan or the other banks. It's taxpayer. Money guaranteed by the small business administration and the loans require less work. The government is required unless vetting compared to WANNA bank lending its own money now banks do normally get fees for processing. Sba loans but not in this volume with these dollar amounts were over a two week period. And you've been looking into it in the dollar amount that you've found as I said is a ten billion dollars have gone to bank so far. Yes bring you break down. The value of the loans and use the formula government established is adds up to more than ten billion dollars in fees that went to the banks just in the past two weeks. So what are the banks saying banks saying? Well look. We're doing our job. We're supposed to get paid. So we reached out to some of the biggest banks involved in the program including PNC JP P. Morgan Bank of America. Some said they have to pay for thousands of employees that are working twelve eighteen hour days to get the loans push through and are now preparing or hoping for Congress to authorize another round. They said while betting might not be as thorough as it would be a regular bank loan. There is still significant document take like document. Collection Review Wells. Fargo says it's going to donate its money to charity but it was required to do that. As part of a government agreement falling problems bank had in two thousand eighteen. None of the other banks have said they intend to follow suit. So there's a really interesting question here. Which is that you know. Thousands of small businesses said. They were shut out. They couldn't get loans. Is there a reason to think that they didn't get loans? Because the banks knew they could make more in fees if they just worked with clients with really really large loans there are currently five class action lawsuits in California and New York alleging. Just that and the data does suggest more large loans were process before smaller loans but bank say that is simply not true. J. P. Morgan for one says they had different offices handling different loan sizes and there were simply fewer large loans so they were able to get through more them.

Small Business Administration J. P. Morgan Jp P. Morgan Bank PNC Congress Bank Of America J. P. Morgan Chase Laura Sullivan NPR Chris Steak House California Ruth New York Fargo America
"j p morgan chase bank" Discussed on Sports Wars

Sports Wars

09:22 min | 1 year ago

"j p morgan chase bank" Discussed on Sports Wars

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Their ultimate shave starter set has basically everything you need for an amazing shave the executive razors shave butter Prep Scrub and the Post Shave. Do you can try all of that for just five dollars after that the restock box ships regular size products at regular prices. Get your ultimate starter set for just five dollars at dollarshaveclub dot com slash Asia sports wars. That's dollarshaveclub dot com slash sports wars sports wars is brought to you by chase so you're ready to buy your first home congrats but not so fast the market for your dream. Home is insanely competitive like I don't care what it takes. I'm getting that parking spot in front of the grocery store because today might be the day I'm just too late to grab the last loaf of freshly baked Brioche competitive kind of a specific example I know but I think it works especially. If you're into bread that's fluffy and a little sweet but still holds up to spreads and dips anyway at chase they get it. The last few years have been a seller's market and chase knows exactly how important it is for buyers to be taken seriously and they're closing guarantee gives you the edge. You need to stand out as a chase customer. You're guaranteed to close quickly or you get a thousand dollars getting your first home. Even faster with chase learn more at chase dot dot com slash sports wars chase make more of what's yours all home. Lending products are subject to credit and property approval rates program terms and conditions are subject subject to change without notice not all products available in all states or for all amounts other restrictions and limitations apply home lending products offered by J. P. Morgan Chase Bank. Na an equal housing lender in June of nineteen eighty-four Colorado Springs Colorado seventeen year old phenom Mike Tyson is the talk of the town at the Olympic trials. He's knocking out anyone who dares to get in the ring with him twenty one year old vendor Holyfield is also in Colorado Springs. He's a light heavyweight hopeful full impressed by Tyson's amazing skill set but really it's Tyson's work ethic that blows a vendor away since getting into the sport Holyfield's league fields never met another boxer trains harder than he does Tyson is the first guy he's ever seen who takes preparation and training as seriously as he does us as Tyson and Holyfield size each other up. It's clear to everyone that they're the two best boxers at the camp. After training one day several several of the other guys urged the to to get into the ring for a sparring session the to have become friendly during training Tyson isn't sure he wants to spar with the buddy especially one who's twenty pounds lighter and in a smaller division he means well but he totally misreads Vander Tastes and actually tells them that he doesn't WanNa fight a vendor because he's his friend. A vendor reassures him that it's no problem. He tells Tyson that he can't hurt him. He's four years older and a grown. Oh man the future legends enter the ring for a sparring session and go toe to toe for the first time. Damn those hands are pretty heavy things Tyson. This guy has real power. I have to be smart with him. In the ring he could hurt me but I won't let him disrespect. I won't let him use that reach to do what he wants. The ring as they continue to size each other up it quickly turns into a heated slugfest with each box or landing huge shots. What's the coaches then hustle into the ring to break it up? Here are to potential gold medallist trading devastating haymakers in the ring. It's not what any coach wants. Tyson and Holyfield just can't seem to stop themselves later in Colorado Springs the guys. They're all playing pool together. Mike Loses a game but refuses to give up his cue stick iron. Mike is showing everyone who's boss but then Holyfield holyfield grabs acoustic of his own and stares down Tyson Mike them throws his stick on the table he says and storms off despite spite their friendliness and weight difference of Vander makes it clear that he isn't about to bow down to Tyson and the rest of the fighters take notice Holyfield just stood up the bigger Tyson in and out of the ring but only one man in Tyson's axle weight class stands between Iron Mike and his Olympic dreams. It's the fighter he's facing in the heavyweight finals in retail men against Michael Tyson. They fought in Fort Worth Tillman won the decision the three round bout is close close with the Taller Tillmon scoring strategic points and Tyson landing more punches the winner in the heavyweight division from Los Angeles California and the Red Corner so they gave it to Henry Gentleman obviously on the basis of more apparent style in class. They aggressor was Mike Tyson. Tyson's dreams to fight for gold are crushed. Mike is so visibly disappointed. He nearly leaves the ring before the REF raises. Tillman's hand Tyson hates to lose more than anything but he's containing his emotions at least for for now. He doesn't know if he'll be able to do so forever though losses burn more than anything at the nineteen eighty-four Olympics a vendor holyfield emerges as a star in the light heavyweight division in the semifinals against New Zealand's Kevin Berry Holyfield is in control as the fighters clinch or a bear hug of sorts at close range berry grabs a hold of Holyfield but a Vander Lanza vicious left talk that was on a break and I know the okay point holyfield knocks him out but the celebration is short lived the referee disqualifies disqualifies Holyfield for failing to break up the clinch. It's a crazy call. Okay Vander is despondent but he isn't discouraged. Everyone knows who the real winner of the fighters including the loser well technically winner as the fighters walk out of the Ring Berry holds up Holyfield's hand declare declare him the victor of Anders graceful handling of the disappointment earns praise and fame in America. His profile has never been bigger. You're to add to the boxing world appreciation of Holyfield's grace at the medal ceremony gold medal winner Anton USA Povich of Yugoslavia insists the bronze medal winner holyfield join him atop the podium. A vendor is not only hungry but he feels the public rooting for him. After his unceremonious aeneas disqualification his common the chaos serves him well at the Olympics and will play a role years later in a career defining infamous moment now he can go pro and chases dream of becoming the heavyweight champion of the world. It's November Fifteenth Nineteen eighty-four just three three months after his unjust disqualification at the Olympics evanger Holyfield makes his pro debut against Lionel by arm expectations for real deal Holyfield holy field have never been higher less than a month after his twenty second birthday Holyfield is asked by a reporter how long until he's a champion his answer is matter matter of fact even slightly humble. He says two years fighting at the legendary Madison Square Garden where his idol Muhammad Ali famously battled Joe Frazier in the fight of the century Holyfield makes a solid but unspectacular debut the fight goes the distance with a vander taking it in the end meanwhile on March six nine thousand nine hundred five the legend of Mike Tyson officially begins.

Michael Tyson Kevin Berry Holyfield Tyson Mike Holyfield holyfield Holyfield Dollar Shave Club Olympics Colorado Springs Vander Ring Berry J. P. Morgan Chase Bank gold medal Tillman Vander Tastes Colorado vander executive Madison Square Garden Asia Fort Worth
"j p morgan chase bank" Discussed on The Moment

The Moment

10:07 min | 1 year ago

"j p morgan chase bank" Discussed on The Moment

"Is brought to you by chase ready to buy your first home congrats so what next at chase they know it can seem overwhelming overwhelming at first but I promise it doesn't have to be especially when you've got a home Leonard. That's on your side from day. One buy your first home with chase and really make it yours with the money. They'll save you you over time how you ask let me break it down for you chase. We'll save you money in the long run by showing you how you can lower your monthly payments. That's money you can spend on settling in and make your your new place. Feel homey go on and get the fancy couch. She'd been eyeing. Chase customers can save more learn more chase dot com slash the moment chase make more of what's yours. All lending products are subject to credit and property approval rates program terms and conditions are subject to change without notice. Not Products are available in all states were for all amounts other restrictions ends and limitations apply home lending products offered by J. P. Morgan Chase Bank. Na an equal housing lender from one DRI I'm Ingrid Hotz and this is the moment you marriage is forever at least most of us going into it. Hope it will be. It's the most notable part avows till death do us part which is pretty serious a death vow promising to love someone until you don't exist anymore more. Wendy and I I met the idea forever snuck up on me. I hadn't really thought through what exactly the future means just sort of added up to to a bunch of present moments where I started thinking. Maybe I could do this every day. I do know this love is a promise right to watch someone grow and support them through tough times and in exchange they do the same for you that means even if d goes through an and ironic mustache phase or he loses all of his hair. I will still be there but I have no idea what it's like to be married and what it takes to get through times that can make or break the union. I don't even know who deny will be ten years and when I look at pictures from just two years ago with D. I see such a different version enough myself younger of course hotter Nah. I'm aging so gracefully. It's enviable. I'm sure in another two years I'll look back on her photos from from now and feel the same way if all goes according to plan. We'll be looking back on these photos together in thirty years laughing at how much we didn't know happy that we made it this far when Ben and Elizabeth fell madly in love they thought it would be forever and for a long time it was but almost rose thirty years in things changed. It's a classic tale of boy. Meets girl boy loses girl. This is episode eleven and the Duet sometimes to figure out where a couple ends up it helps to start at the beginning where they first met in realized realized it was destined in the stars it was the summer of Nineteen sixty-seven the counterculture was raging. The women's movement was just getting started in the sexual revolution was in full swing then Brian was a dashing singer and actor trying to make it in New York City and he was doing pretty well he'd snagged role on the Alfred Hitchcock television our and had worked steadily in a series of theater productions. He was in kind of a sweet spot thirty two years old and I was in musical theater and I was a straight guy so I had not had any lack of lady French. Even though Ben was surrounded by women he still hadn't met that special someone. He actually wasn't even looking. I was in a resident company at a small summer stock. Theatre in Mount Gretna Pennsylvania and I did three musicals and got very friendly with the director and I said Charlie how come you've never done carousel when he was this old codger at the time not as old as I am now but he's never met an actor that could play the leading role than I can afford. I said I'll do it for nothing. For those of you who aren't familiar with the THYATIRA carousel was Rogers and Hammerstein second collaboration and widely considered to be one of the greatest musicals of all time masterpiece in my opinion. It's about a carnival barker who comes back to Earth after being dead to make amends with the people well he loves it's dark but it's light and there's lots of singing and dancing and of course love in the middle and Ben was the lead and and they were GonNa pay him he showed up three days late and there she was the whole company is sitting in the front row working being on musical numbers and there was this one woman that seemed like she was kind of in a spotlight and everybody else was out of focus and this is when it happens and and I just had this sort of I don't know how to describe it. It was kind of sort of a mystical experience. I just was smitten. I was absolutely smitten. Smitten by this woman her name was Elizabeth. She was twenty eight and a singer and a performer as well was worn a singer. I came out singing so so so I always had a voice but I was brought up with two older brothers and a little girl doesn't chance too much between between my mother and father and my two brothers but I could sing that's for sure and she turned out was playing carried the comedian in the show she you knock me up and I you know I couldn't wait to talk to her. The question was did the mystical songbird Elizabeth feel the same way. Well well you know. I don't really remember but I you know I think he was. I think he was queued. Ben had his work cut out for him later that afternoon. The actors went into rehearsals rehearsals for the biggest musical numbers in the show was a great big old country house or the great big porch wrapped around and stuff was really Kinda neat and one by one we all went into the dining room and saying are major number flowers really buzzing with a home up by saying Kerry bipper just song when I marry Mister Snow which is adorable. I loved singing it. It's very sweet me calls the threshold and she was wonderful. Not only did she have a beautiful voice but it was very silvery had a Shimmer to it was it was shiny was lilting. It was thrilling. I just loved it. Well Mr Snow here. I am I felt like had been hit with a velvet sledgehammer. When Ben's turn came around. He figured he had one chance to impress Elizabeth lucky for him. He had an incredible voice. My boy bill he'll be tall and as tough as a tree. This song was called. Soliloquy a six and a half minute tour to force that ends in a High B flat a probably sang that better in that rehearsal with Elizabeth Hepburn sitting outside than I ever did before since I mean I really knocked it out of the park any Bello did he just sang it. I mean he's a fabulous singer. He just says he's got a world class. Voice Ben had impressed her now. He just needed to make a move at lunchtime. He asked me to go to lunch with him. And there's this little itty bitty Khanum place in the middle of the woods so I'm I'm sitting there and he says this to me. You know you're probably going to think I'm nuts but I feel like I know Oh God. I think my eyes rolled. I thought to myself a little line. and I said well I know we've never met before but I really did have a sense of knowing knowing the woman when I don't think she felt that way about me but I just knew that she was my woman. I just knew it. I never even thought about another woman after I met Elizabeth. You know I wasn't really thinking about the you know. Maybe we can get together. I just wasn't thinking that but shortly thereafter he he started asking me out. Almost every Elizabeth used the oldest excuse in the book. She was always saying that she had to wash your hair. It seemed that she she had the cleanest hair in show business because she every night. She seemed to be having to wash your hair. The truth was Elizabeth had a better excuse in that his name was been Woah and Ben. Wa was my felon the city but it turns out. She didn't particularly want to be with that ben either because I wanted to get out of this other been relationship. I didn't WanNa you know go out with anybody and so I just kept saying no I have to wash. I really did wash my hair a lot of course ben number. One didn't give up and fortunately for him. Elizabeth also washed her clothes a lot. She found out I was on my way to the laundromat one night and she needed to do some laundry so she came along with me and that was. I suppose you would say our first date. It's nothing like the lighting. It's so glamorous and unflattering but anyway that's that's what we do. That was our first date. Here's the thing when something is meant to be it doesn't matter if the first date is at a laundromat or on the top of the Empire State Building. Something's going to spark a- and that's summer it did. I enjoyed riding on his VESPA. That was fun and my mother died she. I don't think we even wore helmets in those days and I remember my hair flying bag and how wonderful that felt as they continue to talk. Elizabeth started to see Ben in a a whole New Light.

Elizabeth Hepburn Ben Chase J. P. Morgan Chase Bank Leonard Ingrid Hotz Empire State Building Alfred Hitchcock Wendy Mister Snow New York City Charlie Mount Gretna Pennsylvania Kerry bipper Brian director Wa Rogers Bello Hammerstein
"j p morgan chase bank" Discussed on Stories Podcast

Stories Podcast

02:08 min | 1 year ago

"j p morgan chase bank" Discussed on Stories Podcast

"Hello, welcome to stories podcast. I'm your host. Amanda Weldon today story is called the giant's causeway, an adaptation of the Irish folk tale written for you by Daniel Hynes today. We'd like to say a special thank you to jewel and Jordan and bear family, Ryan and Allison and their family in Newton, Massachusetts. Sarah and her family from Okinawa AVI and lily, and their family Nathan and his family THEO, and George and the rest of the Kelly family from wrath guard Dublin Ireland and Dmitry Nellie and their family. Thank you so much, Nellie. Dmitri George, the oh, Nathan lily AVI. Sarah, Allison Ryan, Jordan and jewel. You are part of what makes it possible for us to continue to produce. Fun new stories for our listeners. If you would like to support stories, podcast, you can leave us a five star review on itunes or just tell a friend about us. You can also head over to patriot dot com slash stories and make a monthly donation for just. One dollars a month. You can listen to all of our new episodes and our entire back. Catalogue ad free. Now here's a word from our sponsors. Stories podcast is brought to you by chase. So you're ready to buy your first home at chase. They know you you've done the rental thing you've done the roommate thing, you've done the ask the landlord for permission to paint thing, now, it's time to do your own thing. Buy your first home with chase and make it yours with the money. They'll save you overtime. Chase will save you money in the long run by showing you how you can lower your monthly payments. That's money, you can spend on decorating your new place, which is good. Because your roommate owned most of the old furniture chase customers save more. Learn more at chase dot com slash stories. Chase make more of what's yours. All home lending products, are subject to credit and property approval rates program. Terms and conditions are subject to change without notice, not all products, are available in all states or for all amounts. Other restrictions and limitations apply. Home lending products offered by J P Morgan Chase Bank at a, an equal housing lender with today's distractions and busy schedules. It's.

Chase J P Morgan Chase Bank Allison Ryan Nathan lily Dmitry Nellie Dmitri George Sarah Jordan Daniel Hynes Amanda Weldon Okinawa AVI Newton Massachusetts Kelly Dublin Ireland THEO One dollars
"j p morgan chase bank" Discussed on WBBM Newsradio

WBBM Newsradio

01:45 min | 1 year ago

"j p morgan chase bank" Discussed on WBBM Newsradio

"Business financial editor Lynn Walters. Thank you, ladies and gentlemen, is talking to future tumbling this morning as growing trade tensions between China and the US fanned worries about a global economic slowdown. And this is keeping investors away from risky assets right now. The Dow future down one hundred ninety seven points, NASDAQ down sixty four the SAP nineteen Chinese newspapers warning today that China is ready to use. Rare earths a group of seventeen chemical elements, used it everything from high tech. Consumer electronics to military gear to strike back at a trade war with United States. And adding to worries China's while we technologies has filed a motion for summary judgment in its lawsuit against the US government in the telecom equipment makers latest bid to fight sanctions from Washington, threatened to push it out of global markets trade worries and slowdown fears of push investors to dump shares globally and head for the safety of German, and US government debt. This has led to yield on the benchmark US ten year notes to fall or than ten basis points below the three month rates causing a yield curve inversion. That's typically seen as a leading indicator of a recession inversion is the deepest almost twelve years interest sensitive Bank stocks falling head of the open today, with J P Morgan Chase Bank of America. Wells Fargo down between a half to one percent that declines broad-based with twenty seven of the thirty Dow components trading pre-market posting losses tariff sensitive stocks such as apple Boeing and Caterpillar, falling one percent, chipmakers, which got a big portion of the revenue from China. Also, declining with shares of Invidia Micron at advance Micro Devices off about one and a half percent.

China United States Lynn Walters Dow editor J P Morgan Chase Bank of Ameri Invidia Micron apple Caterpillar Micro Devices Boeing Washington one percent twelve years three month
"j p morgan chase bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:59 min | 1 year ago

"j p morgan chase bank" Discussed on Bloomberg Radio New York

"I'm Charlie Pellett at Bloomberg world headquarters, a move higher for US stocks, the S and P five hundred index up the most in a month after the jobs report that story from Bloomberg's Vindaloo Jude. Is it surprising data considering economic growth could soon? Moderate payrolls up two hundred sixty three thousand unemployment down half-century low three point six percent average hourly earnings up employers contend with tight labor market inflation, though, appears tame down chewed iceberg radio. As for what the report means for the Federal Reserve statia morose is global investment strategist at J P Morgan Chase Bank. I think they said definitely alleviate some of the pressure that chair shape. How kind of lease on the markets in the last couple of days because the market has been sort of begging or starting to ask for the insurance cut in the fact that payrolls came in. So solidly just says that maybe there maybe we can look through the inflation that it's going to slow down in the next few months. Ruskin is chief international strategy. Gist Deutsche Bank securities equities effectively very close to record. Highs unemployment near record lows in the old world, you'd be hiking interest rates. Now, you start thinking in terms of cutting interest rates 'cause you're seeing that much more on one party mandate. Inflation Reserve Bank of Cleveland, president Loretta master says a rate cut isn't needed to address low inflation her remarks coming in an interview with Bloomberg television and radio, I think we're in a really good spot in terms of our monetary policy. And now, you know, inflation's of it's soft, but you know, labor markets are strong, and we take a balanced approach. Sources tell Bloomberg activist investor Carl Icahn has built a small position in Oxydental petroleum stocks higher s and p up twenty eight a gain of one percent. Nasdaq up one point six percent. The Dow up point eight percent global news twenty four hours a day on air and talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Charlie Pellett. This is Bloomberg..

Bloomberg Inflation Reserve Bank Charlie Pellett Bloomberg television J P Morgan Chase Bank Gist Deutsche Bank Federal Reserve US Carl Icahn Ruskin Twitter Loretta master Cleveland president Oxydental six percent
Wall Street rises on trade hopes, set to end quarter on high note

WBBM Morning News

01:24 min | 1 year ago

Wall Street rises on trade hopes, set to end quarter on high note

"Gentlemen. Wall Street's main index is set to open hiring a couple of minutes. The last trading day of the quarter is the last round of US China trade talks ends on a rather positive note. Donald future up one hundred and forty two right near the high of the overnight trading session. Nasdaq up forty three and quarter the s&p up fourteen hundred quarter Treasury Secretary Mnuchin said he held constructive. Talks in Beijing. They'll be followed by another round in Washington next week shares of some of the big lenders rising as the benchmark ten year. Treasury yields move a little bit higher coming off fifteen month lows in yesterday's session. So we're seeing gains J P Morgan Chase Bank of America. Goldman Sachs gains. Under one percent. However, Wall Street was rattled by fears of economic growth after the Federal Reserve abandon its projections for any interest rate hike this year and the US treasury yield curve inverted for the first time. Since twenty seven last week in the latest evidence that suggests the economy is fast losing momentum. US consumer spending rebounded less expected in January and incomes rose. Modestly in February personal income up two tenths of a percent. Consumer spending barely moving yesterday data show the GDP growth slowed in the fourth quarter. Keeping it below the three percent target among stocks highly anticipated IPO of ride ailing startup lift valued at twenty four point three billion dollars will begin trading on the

United States Goldman Sachs Morgan Chase Bank Of America Federal Reserve Beijing Donald Trump Washington Mnuchin China Fourteen Hundred Quarter Three Billion Dollars Fifteen Month Three Percent One Percent Ten Year
"j p morgan chase bank" Discussed on 90.3 KAZU

90.3 KAZU

06:53 min | 1 year ago

"j p morgan chase bank" Discussed on 90.3 KAZU

"Is Thursday today. The seventh of February good is always tabby along everybody. You know, there was a time in this economy back before the financial crisis. When Bank mergers were all the rage. One big bang buying up another big Bank until we wound up with a whole lot of ever bigger banks. Since the crisis, though, not so much a smaller banks have merged, but the biggies. Yeah. Kind of tumbleweeds until today BBN tea and SunTrust to the biggest regional banks. In this economy announced the biggest Bank merger since the financial crisis this morning and all stock deal worth twenty eight billion dollars. It's going to create the sixth largest consumer Bank in the country because as marketplace's Mitchell Hartman reports now more than ever before size matters as BB and T and SunTrust have grown. They've gotten closer to hitting a regulatory tipping point two hundred and fifty billion in assets at that size banks have faced. More government oversight recently, though, the Trump administration loosened the rules and compliance costs for banks with up to seven hundred billion in assets. Which is where the merged Bank would land says Greg McBride at bankrate dot com lifting the asset threshold at which banks have to undergo more stringent stress. Tests, stricter regulation has opened the door to mergers between regional institutions, which he says they need to do to go up against the trillion dollar banks like J P Morgan Chase Bank of America and banks big and small have to worry about competition from financial technology says Karen Petru at federal financial analytics think pay pal Apple Pay Google wallet. And whatever Amazon or Facebook might come up with all banks to get ready for that disruption. But it takes a lot of technology investment, and the bigger the Bank the easier that is the merger will likely be good. For the banks, but not their employees says Bartlett Naylor at Public Citizen combined. They have thirty one hundred branches in the southeast. You're gonna have to people doing the same job. One of them is gonna lose. It Naylor warns that more consolidation could leave consumers with fewer banking choices lower interest on deposits and hire service fees. I'm Mitchell Hartman for marketplace. British Prime Minister, Theresa may was in Brussels today, again trying to convince the European Union again to reopen negotiations on the terms for Britain's withdrawal from the European Union said MS may I am clear that I am going to deliver Brexit. I'm going to delivered on time her e you hosts were noncommittal, we should say marketplace's Stephen beard explains how this is all gonna play out. I've been covering this story for two and a half years now every twist and turn of it. And I have to tell you. I have no idea. What happens next tonight very much doubt? Anyone else does either? In london. I'm Stephen beard for marketplace. Yes. I know we ran that same piece like ten days ago that is kind of the point with this story. All right back to reality. We are ten days into tax filing season, the first as, you know, under the tax cuts and jobs act of two thousand seventeen that was of course, a federal law that changed the federal tax code. But as marketplace's Marielle Sagarra reports, it is causing all sorts of problems in some states, most states link up their tax systems with the federal tax code in some way, Richard offshore at the tax policy center says that makes filing simpler for tax payers, and it's a good deal for the states. They also get to use the IRS for ministration purposes. The federal courts they get to use a bunch of of that administrative work at the federal government is doing, but when congress changes the federal tax code as it just did that can create problems for states. For instance, the new federal tax law got rid of. Certain deductions it made up for that by cutting tax rates. So overall, most people still got a tax cut now take the state of Arizona every year, it decides whether to link up with federal tax law usually it uses federal deductions, but has its own tax rates. So this year, if the state doesn't cut its tax rates to its residents are going to be left with higher taxes. The state hasn't decided what to do. And in the meantime, the revenue department took a guess at what's going to happen and sent out tax forms. So now, you have people in Arizona using forms that don't represent current law. Those taxpayers are going to start getting refunds and Brandon hardback an accountant in Arizona says if the state decides to adjust its tax rates, it might have to recalculate what it owes people or there is a potential that you would have to file an amended return and pay the difference in your tax liability wouldn't be. Be happy for anybody involved in some states that haven't figured things out yet or China avoid headache, like Virginia it's gotten more than three hundred thousand tax returns. And just hasn't process them yet. I'm maryelle Sagarra for marketplace. On Wall Street today, the trade war jitters are back comments from the White House that President Trump and Chinese president Xi. Probably are not going to meet face to face before the March first deadline. Mr. Trump is set for the next phase in his trade war red ink all the way around on Wall Street today. We'll have the details when we do the numbers. Insta- cart, the online grocery delivery company ran headlong into two phenomena of the modern digital economy this week, number one social media outrage over its pay policies, namely using tips that customers give to basically subsidize the pay the company gives its workers. And number two, the reality that the gig economy is changing a whole lot of rules for the second time in less than a week insta- card has raised wages as things heat up in the increasingly competitive online delivery market. Marketplace's run out of sago explains. What's going on the NASA Bain was making decent money three years ago? When she started picking up fruits, vegetables and other grocery items, for instance, car customers in California, she'd walk into a, Costco and know for a fact that I would be paid no less than thirty forty fifty dollars to do a couple of orders. Their tips were generous, and she got paid per order. But she says in recent months her wages. Plunged it can take fulfilling three times as many orders to make just ten dollars. Those are the going rates right now last week in response to social media protests since the cart announced it would.

Stephen beard Arizona Mitchell Hartman Bartlett Naylor federal government SunTrust European Union J P Morgan Chase Bank of Ameri NASA Greg McBride IRS
"j p morgan chase bank" Discussed on KCBS All News

KCBS All News

03:08 min | 1 year ago

"j p morgan chase bank" Discussed on KCBS All News

"Here's a heads up for riders in south Alameda County. You can expect delays of up to forty minutes beginning today and lasting through Sunday. Afternoon is crews worked to replace rails on tracks in the union city area. There's upgrades or the result of bond measure are are passed in two thousand sixteen to fix BART's aging infrastructure trains in both directions will travel on a single track through union city. We're told the veteran caused delays of twenty to forty minutes between south. Hayward in warm springs, south Fremont throughout the week. The Berkeley city council is scheduled to vote tonight on a plan that aims to eventually eliminate disposable serving wear throughout the city. He CBS is Meghan goals. V joins us live with the story, Meghan. Single use disposable food ware and litter reduction ordinance would be rolled out over the next year and a half with the goal of getting Berkeley closer to its zero waste plants. The city council is scheduled to vote on it tonight. And if the ordinance does pass, it would immediately mean that disposable for straws and condiments would be upon request only or at their own self serve station and the city of Berkley would only use composed food wear Dems, but it would ramp up a year from now, that's when all the items will have to be composed and to go cups will cost the customer twenty five cents. Now, you would be able to bring in your own Cup to fill up for free then in July of twenty twenty all eat in restaurants will have to use only reusable food where with few exceptions like napkins, a mini grant system would be set up to help the restaurants paver, these changes. But Berkeley councilmember Sophie Hahn, new authored the ordinance the majority of restaurants in Berkeley, you're actually very close to compliance already. And would only require a few small changes reporting live in Berkeley, Megan gold, speaking. KCBS Meghan Pacific Gas and electric has secured five point five billion dollars of debtors in possession. Financing KCBS is Margie Schaefer reports that the chapter eleven process is expected to take two years. But there is the potential for eight third year of financing chapter eleven debtor-in-possession financing also known as dip financing allows for PG knee to be the trustee. It's very commonly done. In fact, it's almost unusual to see a big corporation. Filing. Bankruptcy without debtor-in-possession funding. That is professor ally. University of Illinois, Robert lawless the banks that have agreed to the financing R J P Morgan Chase Bank of America. Barclays and CitiGroup. The banks will be repaid. I they are willing creditors. It's the way the law has worked for a long time. Probably say one hundred eight years just baked into the system the way the companies make their money that their lenders are gonna come before tort victims and people who've lost their homes when we see this in all sorts of corporate bankruptcies where people who. Aren't a willing creditor of the bankrupt company ended up getting the short end in its filing with the SEC PG. And he says it expects to file for reorganization under chapter eleven in the us. Bankruptcy court for the northern district of California on or about January twenty ninth Margie Schaefer, KCBS just ahead on KCBS. I'm Holly Kwan. Why those potholes created by last week's storms should be fixed quicker than usual. Humvee our first check of KCBS, traffic.

Berkeley city council Berkeley KCBS Margie Schaefer Hayward Meghan Pacific Gas Meghan Alameda County Robert Fremont Holly Kwan us Berkley Barclays Sophie Hahn trustee California University of Illinois Megan gold R J P Morgan Chase Bank of Ame
"j p morgan chase bank" Discussed on WBT Charlotte News Talk

WBT Charlotte News Talk

08:15 min | 2 years ago

"j p morgan chase bank" Discussed on WBT Charlotte News Talk

"Through the year two thousand eighteen in one will be my last radio show of this year. I'm gonna take off next Sunday night. One of my embassy. Gary Jeff Walker is scheduled to be here with you next Sunday night, a good friend of tater, my producer. That's December the thirtieth. I'll be back with you on January the sixth from a great radio station in my second home of the great state of Florida. But until then good show planned for tonight. The last one of the year, I do want to indicate there's a little bit of a Russell in the stock market the last two or three hours the Nikkei, which is the Japanese and the Shanghai the HSI or all down in Asia about one or two percentage points because something unusual happened about two or three hours ago. And that is Treasury Secretary Steven Mnuchin held a individual telephone calls with the CEOs of the major banks in which she discussed we each of them, the market turmoil and has been reporting on CNBC tonight that. He had told them. There's ample liquidity for lending to customers and to business markets. He said we continue to see economic growth. He spoke to J P Morgan Chase Bank of America. Goldman Sachs Morgan Stanley Wells Fargo and CitiGroup to sixth largest banks. So in this news broke about seven eight eight PM eastern time what two or three hours ago? There was a sense something's happening in the market, and that has caused quite a bit of a concern in Asia, which is through to the sell off in Asia. Now, I wouldn't anticipate I think the markets open tomorrow like halfway I think they close at noon because it's Christmas Eve, but that's something view and ought to keep an eye on overnight. I'll be with you another three hours about one o'clock eastern time. And so I'll see at that point what's happening in the markets, but our markets at least a futures markets as of nine thirty PM eastern time. We're up slightly is shown opening of about seventy six points on the Dow and about two point four percent on the S and P. So we'll monitor that as time allows, but let's talk about what's been happening. The last few days every week is like a month every month like a year when it comes to political coverage and the big news, of course, is that we have secretary of defense. James Mattis is leaving. And he gave a final date to get out of here around February the twenty eighth, but after all the media coverage, the president decided just to go ahead and appoint deputy secretary defense Patrick Shanahan as the as the acting secretary of defense and told Mattis don't let the door hit you with the good Lord split you. And he did that because of the media coverage and some of the comments Madison may I love the American military. Great respect for cops firefighters first responders. In fact, I broadcast from Cincinnati, Ohio. We had another cop killer himself on Friday terribly shot himself because of depression or other reasons and from the literature. I've looked at the last two or three days every year, there's hundreds of more police officers and first responders and firefighters who killed themselves more than being killed. Because you're not supposed to see things that you see all the time. It's a copper firefighter. First responder EMS, you're not supposed to say people and the worst moments in their life. And it's your job to deal with dying children. It's your job to look at burned out corpses. It's your job to pick up bodies on. I ninety five I five I to seventy it's your job to go out to scenes of a murders, and rapes and robberies and pillaging arts, and it's your job to do that. And when your shift ends, you just can't leave that at home so cops those in the army navy airforce marines coast guard, they see things that normal. People aren't supposed to see at war. So when Mattis disagreed with the president. To pull over the next several months two thousand brave American soldiers out of Syria. The Republicans the Democrats in the mainstream media went crazy. I stand with this president one hundred percent. In fact, one thousand percent now I did some research on this a few years ago, chairman of joint chiefs of staff Peter Pace invited me up to the Pentagon has spent some time and you talk about a button down facility. You talk about cleanliness. You talk about individuals men and women black and white and walking around of a Hispanic. Just great bravery, Asians Jewish-American, Sarah. I'm so proud if anyone has a time ever to go to the Pentagon, do it. And a Peter Pace at the time. How many military bases? Do we have? And how many countries are we in and having not given it serious thought. I assume there was two or three hundred military bases. Maybe fifty or sixty countries. The reality is then and today, we have seven hundred and eighty five military basis and about one hundred twenty five different nations. All over the world. Think about that empire. I said seven hundred eighty five military bases in one hundred twenty five different nations. It's rare does have a military presence in your country. No matter what it is. We have about one hundred and fifty thousand soldiers in almost every European nation, except France, we have them all over the place. So just around Syria we of American soldiers, and sailors and marines and airmen in Egypt in Jordan. Presently in Syria. Israel, the Saudi Arabia Qatar Turkey, Iraq. Sudan, the horn of Africa who's Pakistan and Lebanon all around the Middle East. Wherever us presence is gigantic at the tune of a cost about one hundred billion dollars a year. We have hundreds of thousands serving in those areas in addition to seven hundred eighty five military bases and hundred twenty-five different nations. In fact, if you take the entire world knows about two hundred and twenty nations take two hundred nineteen nations from Russia and China all the way down to the bottom. Two hundred nineteen nations inside their own countries. And around the world have about seven hundred military bases. The rest of the world put together. We have more than that just one nation. We're four percent of the world's population. And we ever all over the place. Agent. Jordan, Syria, Israel, Saudi Arabia, Qatar Turkey, Iraq, the horn of Africa Somaliland Sudan, Lebanon, who's Pakistan, Syria. Just in that part of the world. We have huge military presence. And so I pulled us some stories from from September of two thousand sixteen. There's a huge time magazine story when time magazine mattered headline is why we should close America's overseas. Military bases written by John glacier. He goes on and on about why America is the only country in the world that has a military budget equal to the rest of the world put together, we have more military bases. Then every country in the world put together. Number one. He says they don't protect the homeland from director tag. That's time magazine. 2016 don't protect us. He goes on to say number two. Now, why we why we need to collapse many military bases. Their deterrence effect is grossly overrated. Number three. Does not stop the spread of thermonuclear weapons. It happens. Anyway, number four. They encourage resentment of American soldiers all over the globe number five that can cause the US to support. Brutal dictatorships all over the world. Number six. They risk entangling us entangling us an unnecessary wars. Which is of course, what's happened..

Syria James Mattis Asia president Peter Pace Pentagon Sudan Africa secretary Saudi Arabia Florida Iraq Israel Gary Jeff Walker Pakistan J P Morgan Chase Bank of Ameri Lebanon
"j p morgan chase bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:03 min | 2 years ago

"j p morgan chase bank" Discussed on Bloomberg Radio New York

"J P Morgan. Chase Bank America Wells Fargo and much further down. It goes down to, you know, US Bank and. PNC and fifth third and other banks you might think of as regional, but really have you know? Subside run grown into integrate size right because J P Morgan. Chase is at its balance sheet is trillions of dollars Wells Fargo's above trillion dollars. So we're taking down on some order of magnitude smaller than that. But are still very very large banks, and they control about thirteen trillion dollars. Right. Thirteen of the sixteen trillion dollars and these deposits, that's an extraordinary concentration, especially given that the number of institutions we're talking about a couple dozen, right? This changes as banks balance sheets change in size at the margin. But we are seeing financial services dominated by a handful of institutions, and we have not seen that really ever before in our history, including the great merger era late nineteenth century where you saw trusts around sugar oil. Corn harvesting machines right and fill in the blank there. These this is the great trust era. Great consolidation era. But interestingly enough because of the structure of the US political economy banks were extremely decentralized by law each Bank for a very very long time, a Bank couldn't have more than one branch. And even after that was changed in the late nineteen twenties. They couldn't have branching across states, and that wasn't finally abolished where you would have a Bank doing business as its own institution across state lines until after nineteen eighty what about the repeal of Steagall, what did that contribute towards thanks bulking up. I'd say contributed a lot. So this is this is a point of some debate among economic historians. It's correlated right with banks bulking up in in in pretty breathtaking fashion. What some economic historians late. Well, that's correlated, but wasn't caused by this last egos, essentially unrelated to this size now, that's hard. Swallow, at least in the short run after around glass, Glass-Steagall final legislative demise. Because of course, city group become CitiGroup after acquisition city. It'd be the first mega back. And so, but then again, you know, a few years after that that was a pretty disastrous merger. They sold most of their insurance business because the synergies weren't present. And then what becomes really the shining example megabank J P Morgan Chase. And if we were list, all of the names of the banks acquired along the way. Hanover chemical. Absolutely. You know, the Bank for what was Daime diamonds Bank in Chicago. I nationals called and he I believe he was at Smith Barney before that he was a city. He was sandy Weill right hand man in designing the strategy mega-banking strategy. He loses in a power struggle goes to manage his Bank in Chicago comes back in JP, Morgan Chase's acquisition, which was essentially an employment contract acquisition. Jamie Namen become CEO and J P Morgan Chase with help from the federal government embarks on this strategy or just becoming as big as it can be. And so we are truly in an unprecedented era in terms of of banking consolidation. The United States so everybody used to talk about too big to fail. I liked to raise the question have these banks become too big to succeed are they even manageable? When you're running trillions of dollars in deposits can these things be managed and that'll segue, right? Into our discussion of Wells Fargo. Such a great question too big to manage too big to jail too. Succeed. And that the way that you phrased it to succeed is so fascinating because it calls into question the time horizon and the short and medium-term say that we're on on leading into a medium-term from the financial crisis management been good to be Jamie Dimon, right. That is that balance sheet is been mixed. Extremely right fortress diamond is just it's it's unknown assailants. They were very fortunate your financial historian. You'll appreciate this. Most people realize J P Morgan Chase had their own derivatives crisis. But they were let's call it lucky enough or smart enough to have it years before everybody else. So they cleaned up the balance sheet while there was still a bid to hit. When did everybody else? They had nowhere to go. Now. This is another occasion in financial history. That a lot of people don't recognize, and I think this is Tim Geithner's signal contribution to to finance in his career happened before he was secretary of the treasury, and that was in two thousand five thousand seven noting on a spectacular back office problem. Andrew trading. Right. So these are all bespoke derivatives rate, even even if they're not very fancy these pretty plain vanilla. But they all are bespoke because there's no there's no marketplace for them to train on its no exchange for them. And so you would think sophisticated folks in two thousand five we're not talking about one thousand nine hundred five range. So the IT revolution has already taken pretty sure route you'd have some sort of oracle based software system where traders with two headsets on, you know, talking to people released punching them into a computer that would clear it, and we'll be universally access, and you'd think that and you'd be wrong, right? What they were doing. Instead is on scraps of paper with a little golf pencils. Writing down the nature of the trade is. Oh, they were signing a doctor's a prescription handing it back to a runner who would take that piece of paper and put her in the stack. Right. And what Tim Geithner realized even though he had had no supervisory authority over these broker dealers. It's very important point realized that the back office back long was about nine months. Wow. Amazing..

J P Morgan Chase Chase Bank America Wells Fargo J P Morgan US Bank Tim Geithner US Wells Fargo Chicago PNC Daime diamonds Bank sandy Weill CitiGroup Smith Barney golf Jamie Dimon Jamie Namen
"j p morgan chase bank" Discussed on KLBJ 590AM

KLBJ 590AM

04:10 min | 2 years ago

"j p morgan chase bank" Discussed on KLBJ 590AM

"J P Morgan Chase is out with a study today this morning about all of you folks, who were driving for Mujber and lift may be renting your home out via Airbnb as the gig economy, and they have been studying this what they do is. They look at checking accounts of thirty nine million customers at J P Morgan Chase Bank, and since twenty thirteen they have been studying the gig economy how much people are making. So this is based on what these people are getting in their checking account. Okay. These jobs with Uber lift payments, via Airbnb, etc. And what they're finding is from twenty thirteen to twenty seventeen the income. For people driving for Uber and lift is down. Fifty three percent. Interesting in two thousand thirteen the average monthly income for the people driving for Uber and lift and other of these gig platforms for driving was fourteen hundred dollars a month. Now, it's down to seven hundred eighty three dollars a month. But from income due to specifically from Uber or lift your just overall their income seemed to be civically what they driving for Uber and lift yacht. It down fifty three percent. Conversely over the same period. People who are renting their home via Airbnb or other platforms. See their income from these activities alone up over fifty percent there now in the range of seventeen hundred dollars per month. Yeah. That's that's still something that I just you know, good for them. And and people that want to rent out their homes rent out their properties. Go nuts. I guess or if you wanna stay not interested not interested in either doing that as far as being a, you know, a landlord doing that or a renter. Don't wanna do either side of that doesn't interest me at all. Well, if it's interesting folks, Don J P Morgan Chase says that it started with two percent of its customers. Taking part in the gig economy back in two thousand thirteen now it's up to five percent. And when they started doing this study, they were tracking forty two apps or platforms in the gig economy. It's now up to about one hundred and fifty apps or platforms in the gig economy. I wonder if Uber and lift if people indeed. Weed says the incomes or down from these drivers is it just more competition out there more does that mean more people are driving or or they're less people using Uber. And I don't think it's less people. I think maybe there's just there's just not enough to go round. While here's another factor too. These companies are not paying as much they cut the rates were the drivers and Uber and left. Right. That's another factor too. There you go. So all of those things could play into this, very interesting. All right. That's your tech update. Brought to you by Texas mutual insurance company. Seven twenty four on the Todd and the Don show great to heavy with us on this. Big Monday morning. Don show. We have had a lot of rain lately. And that's a good thing. But if you've got some leaks in your roof, that's not a good thing. And maybe you're thinking where do I begin my search because there are so many roofers out there, and bore you want to be able to trust your roof, or well, that's why I'm going to tell you about Jay con. Why been so proud to talk about Jay con for many many years now, my family, she's J con for over thirty years so much loyalty to that company. Not only from their customers, but employees as well. They still have employees said of been with J con from day one since nineteen seventy nine that says a lot about this company still owned and run by the Connor family. Call j con if you're having any issues with your up this time of year that we get crazy weather. You know, we've got hurricane season going on. It's not unusual for us to get tropical activity right here in Austin. So if you're seeing some damage, I want you to give Jay HANA, call a plus rating from the BBB, so many business ACA record, so many businesses have recognized Jake on for the great. At work that they do for over forty years. Now,.

Morgan Chase Airbnb J P Morgan Chase Bank Jay HANA Don J Connor family Mujber BBB Weed Austin Todd Texas Jake seven hundred eighty three dol seventeen hundred dollars fourteen hundred dollars Fifty three percent fifty three percent fifty percent
Banking stocks trading higher

First Morning News

02:08 min | 2 years ago

Banking stocks trading higher

"The tampa bay five two and their stanley cup opener checking our business news the futures pointing to a higher start this morning futures up twenty eight nasdaq is down eight points up to the markets were sharply higher yesterday the dow gaining two hundred ninety four points nasdaq up seventy one snp up twenty one european markets are mixed in early trading and checking some of the stocks that are trading higher the banking stocks trading higher ahead of you opening bell wells fargo j p morgan chase bank of america all higher on the negative side it's apple amazon insists go systems trading lower the union that represents screen actors and other performers is calling for an end to auditions in private hotel rooms in private homes use correspondent scott goldberg the sag after a union wants producers and other decision makers to stop holding professional meetings and what it calls high risk locations like hotel rooms in private homes the union issued a new guideline in its code of conduct as it tries to eliminate the casting couch culture the sexual harassment that's plagued hollywood underscored by the harvey weinstein scandal in the rare event there's no reasonable alternative to a high risk meeting location the union says a third person a support pier should be in the room as well scott goldberg abc news newark may be one step closer to getting amazon's new headquarters nj dot com reports governor murphy and may arise barack obama with amazon representatives this week to discuss where it could set up shop if the city were chosen the amazon executives also visited other locations had to be finalised including virginia washington dc and philadelphia and president trump says he's trying to avoid a taxpayer funded bailout of the post office he wants to study citing sixty five billion dollars in losses since the recession president trump's establish a task force to study the us postal service and an executive order the president of the usps is on an unsustainable financial path the task force chair by treasury secretary steve mnuchin will have one hundred twenty days to submit a report with recommendations the order does not mention amazon which the president's criticized along with its relationship with the postal service as correspondent brian clark five fifty is our time.

Steve Mnuchin Executive Philadelphia Virginia Washington Harvey Weinstein Hollywood Apple Bank Of America Brian Clark Tampa Bay President Trump United States Donald Trump Barack Obama Governor Murphy Newark Harassment
Citigroup profit beats on strength in consumer banking, equity trading

First Morning News

02:08 min | 2 years ago

Citigroup profit beats on strength in consumer banking, equity trading

"The tampa bay five two and their stanley cup opener checking our business news the futures pointing to a higher start this morning futures up twenty eight nasdaq is down eight points up to the markets were sharply higher yesterday the dow gaining two hundred ninety four points nasdaq up seventy one snp up twenty one european markets are mixed in early trading and checking some of the stocks that are trading higher the banking stocks trading higher ahead of you opening bell wells fargo j p morgan chase bank of america all higher on the negative side it's apple amazon insists go systems trading lower the union that represents screen actors and other performers is calling for an end to auditions in private hotel rooms in private homes use correspondent scott goldberg the sag after a union wants producers and other decision makers to stop holding professional meetings and what it calls high risk locations like hotel rooms in private homes the union issued a new guideline in its code of conduct as it tries to eliminate the casting couch culture the sexual harassment that's plagued hollywood underscored by the harvey weinstein scandal in the rare event there's no reasonable alternative to a high risk meeting location the union says a third person a support pier should be in the room as well scott goldberg abc news newark may be one step closer to getting amazon's new headquarters nj dot com reports governor murphy and may arise barack obama with amazon representatives this week to discuss where it could set up shop if the city were chosen the amazon executives also visited other locations had to be finalised including virginia washington dc and philadelphia and president trump says he's trying to avoid a taxpayer funded bailout of the post office he wants to study citing sixty five billion dollars in losses since the recession president trump's establish a task force to study the us postal service and an executive order the president of the usps is on an unsustainable financial path the task force chair by treasury secretary steve mnuchin will have one hundred twenty days to submit a report with recommendations the order does not mention amazon which the president's criticized along with its relationship with the postal service as correspondent brian clark five fifty is our time.

Steve Mnuchin Executive Philadelphia Virginia Washington Harvey Weinstein Hollywood Apple Bank Of America Brian Clark Tampa Bay President Trump United States Donald Trump Barack Obama Governor Murphy Newark Harassment