JPMorgan’s Costly Lesson: The Tricolor Collapse and Jamie Dimon’s ‘Not Our Finest Moment’

Imagine walking into a bustling used car lot, the kind where shiny sedans gleam under Texas sun, and sales reps chat in Spanish about easy financing. That’s the world Tricolor Holdings built, serving folks often overlooked by big banks—immigrants, low-credit buyers chasing the American dream on four wheels. But in September 2025, it all screeched … Read more

Oil Executives Flag Increased Costs from Trump’s Tariffs: Navigating the Storm in America’s Energy Sector

Imagine you’re an oil rig supervisor out in the Gulf of Mexico, watching the sun dip below the horizon as another long shift wraps up. You’ve got a team that’s been pushing hard to meet production targets, but lately, every new pipe or platform component arriving on site comes with a steeper price tag. It’s … Read more

Wells Fargo Tops Profit Estimates and Raises Return Target After Asset Cap Lifted

Imagine this: it’s 2016, and I’m sitting in my living room, scrolling through the news on my phone while sipping coffee. Suddenly, headlines explode about Wells Fargo employees opening fake accounts to meet sales targets. As a longtime customer myself—I had my first checking account there back in college—I felt a mix of betrayal and … Read more

Fed’s Powell Addresses Economy Pulled Between Risks to Growth, Jobs and Prices

As I sat down to watch Jerome Powell’s latest address at the National Association for Business Economics conference in Philadelphia, I couldn’t help but think back to my early days covering financial markets during the post-pandemic recovery. Back then, the Fed was navigating uncharted waters with stimulus packages and rate hikes, and it felt like … Read more