It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
Jamie Dimon, CEO of JPMorgan Chase, expresses confidence in competing against Capital One despite its potential acquisition of Discover. He acknowledges Capital One's prowess but will oppose unfair competitive practices. Dimon supports industry consolidation but questions the uneven regulation of debit fees. He anticipates increased competition but respects Capital One's CEO and their innovation in the credit card market. Dimon believes his bank's strength will sustain it in the evolving industry landscape.
Major pre-market headlines include:
- Carnival Corporation's stock surge due to lifted COVID-19 restrictions.
- Netflix's mixed financial performance due to new content success but increased competition.
- BP's environmental scrutiny and pressure to reduce emissions.
- Steady growth and expansion by Microsoft and Alphabet.
- Nordstrom's sales challenges and potential store closures.
