Last week’s weak July jobs report generated a seismic shift in expectations for Federal Reserve interest-rate cuts.
When JPMorgan CEO Jamie Dimon will retire refrain has been “five years”—unchanged for nearly two decades. Earlier this year he announced differently.
A wager that stock markets would stay calm has cost retail traders, hedge funds and pension funds billions after a selloff in global stocks.
Both candidates are whistling past America’s biggest economic challenge: A national debt that is going to hamstring their future flexibilibility .