JP Morgan Warns It May Charge for Checking Accounts | Business Matters Full Broadcast (July 5)

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JP Morgan says Chase customers should get ready to pay for run-of-the-mill checking accounts. That's if the U.S. government caps the bank's other fees. But the head of JPMorgan owned Chase Bank told the Wall Street Journal that if this revenue source dries up, customers will have to fork out in other ways.
New fans, new excitement, new sponsors. All that - at dodger stadium in Los Angeles. Some fans are coming from as far away as Japan. Much of this is because of one of the team's newest players -Shohei Ohtani.
New data seems to show the US job market is weakening. The official unemployment rate just hit a two-and-a-half year high. Wage growth has moderated. And while the data shows 206 thousand new jobs were added in June, the estimated gains for May and April were revised down sharply.

Пікірлер: 9

  • @leinster22
    @leinster225 күн бұрын

    Remember folks Chase was Enron’s banker before the collapse. Chase got bailed out by the government in the 2008 financial crisis. Once a scoundrel always a scoundrel

  • @Strawb3rryD3ath
    @Strawb3rryD3ath4 күн бұрын

    aww hearing people from Japan coming all the way to America to see the baseball player is super cute!

  • @lilpestcontrol
    @lilpestcontrol5 күн бұрын

    And a good portion of those customers will say "just close the account", then go to more accommodating bank or credit union. There is absolutely no reason that a bank should charge me for the use of my money

  • @k-f-h7032
    @k-f-h70325 күн бұрын

    Its summer! Heat waves happen.

  • @Strawb3rryD3ath

    @Strawb3rryD3ath

    4 күн бұрын

    shut it

  • @HenningBjerre-ih7tn
    @HenningBjerre-ih7tn5 күн бұрын

    Chase already charges $25 per month per checking account in last couple of years.

  • @frankmoore159
    @frankmoore1595 күн бұрын

    👏thank you behind the curve 🤦‍♂️ they have no strategy they’re playing off old data when the rules of the game have changed the times have changed. Is there any emergency shelters going up in the cities for the homeless that are sitting around against the wall baking in the sun?yes baking not basking

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