JPMorgan is closing in on a $1 trillion market cap after posting record profits

The Wall Street giant's market cap stood at about $935 billion. It would be the first bank to ever join the $1 trillion market cap club

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JPMorgan is closing in on a $1 trillion market cap after posting record profits

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A.I.

America is building 3,000 data centers. The economics aren't as great as they seem Cities trade tax breaks for a fraction of the jobs data centers promise. That's because construction crews that build them move on within months

Economic Indicators

New York Fed president says inflation has peaked. But markets still expect a rate hike John Williams sees five reasons price pressures are easing, but markets still expect the Fed to raise rates as soon as September

Economic Indicators

Wholesale inflation fell in June for the first time since last summer. Gas prices drove it The pullback in wholesale prices came before the ceasefire between the U.S. and Iran collapsed, driving oil prices higher again

A.I.

The chatbot will see you now As therapist shortages grow, more people are relying on AI chatbots for mental health support. Experts say the trend raises serious concerns

Markets

Wall Street's biggest banks posted record profits as trading and dealmaking surged The robust earnings from JPMorgan, Goldman Sachs, Bank of America, Citigroup, and Wells Fargo marked a 39% increase from the same period a year earlier

Economic Indicators

Fed Chair Kevin Warsh vows to make 5 years of high inflation 'a thing of the past'Warsh called inflation "a tax on the American people" in his first appearance before Congress as the central bank's leader

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Airlines

United Airlines hikes its 2026 earnings forecast despite almost $6 billion in added fuel costs

The carrier posted $1.99 adjusted earnings per share in the second quarter, topping Wall Street's estimate of $1.88

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Business News

Cuisinart grills with pizza ovens are being recalled over shattering glass

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Politics & Government

Trump warns Iran that power plants and bridges are next as U.S. strikes continue

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Business News

JPMorgan is pumping $24 million into U.S. shipbuilding at Philadelphia Navy Yard

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Food

Dog Haus, Portillo's, and Wienerschnitzel are giving away cheap hot dogs today

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Autos

Lucid stock plunged on a bankruptcy report. The company called it false

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Food

Conagra Brands is forecasting weaker annual profit than Wall Street expected

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Business News

PNC posts record quarterly revenue as capital markets fees surge and profit jumps 25%

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Lifestyle

Cars

Here are the cars with the best cooled seats From a Corvette that hits 60 mph in under two seconds to a Genesis G90 that includes cooled seats as standard on every single trim

Travel

The best filming locations from The Odyssey to visit in real life From Sicily's quarry-carved coves where Favignana locals played extras to Morocco's Ait Ben Haddou, Hollywood's favorite ancient city stand-in

Real Estate

The fastest-growing luxury housing markets in the U.S. in 2026 Luxury home prices are climbing faster than ever. Redfin data reveals which U.S. markets are leading the surge

Real Estate

The top 5 U.S. states for homebuilding and housing affordability in 2026 Not every state is keeping up with housing demand. Realtor.com graded all 50 on construction and affordability to find the leaders

Travel

The 7 most beautiful river cruise itineraries in the world From a private after-hours ceremony inside St. Mark's Basilica to a Mekong Delta cruise through floating villages and sacred temples

Travel

6 things you need for overseas travel before you leave home These essential overseas travel items can help you stay safe, connected, organized, and prepared for unexpected situations abroad