Ulta shares fall as CEO warns beauty demand is slowing
Ulta Beauty shares tumbled about 13% on Wednesday as CEO Dave Kimbell warned of cooling demand for beauty products.
JPMorgan asian news
UK inflation slides to 3.4%, below expectations
U.K. inflation came in lower than expected at 3.4% year-on-year in February, official figures showed Wednesday, down from 4% in January.
Asian currencies could be on the ‘backfoot’ despite likely U.S. rate cuts this year, JPMorgan says
Asian currencies could be on the "backfoot" this year despite signals that the U.S. Federal Reserve could cut interest rates soon, according to Julia Wang, executive director and global market strategist at JPMorgan Private Bank.
Boeing Max crisis forces airlines to cut flights, pause hiring, CEOs say
Boeing's latest Max crisis is forcing some of its biggest customers to rethink their growth plans this year — and possibly beyond, several airline CEOs said Tuesday.
Southwest Airlines cuts capacity, and rethinks 2024 financial forecast, citing Boeing problems
Southwest Airlines said Tuesday that it will have to trim its capacity plans and reevaluate its financial forecasts for the year, citing delivery delays from Boeing, its sole supplier of airplanes.
JPMorgan's Dimon urges US Fed to wait past June before cutting rates
JPMorgan CEO Jamie Dimon on Tuesday urged the Federal Reserve to wait past June before cutting interest rates, arguing the central bank needs to shore up its inflation-fighting credibility.
Stock futures inch up as all eyes are on key inflation reading: Live updates
Stock futures rose slightly in overnight trading Monday as investors await a key inflation report that could inform the path of the Federal Reserve's monetary policy.
Asia's tech industry is recovering on chip boom amid global economic uncertainty, JPMorgan says
SINGAPORE – Asia-Pacific's tech sector has been growing on the back of the semiconductor boom even as other industries struggle amid global macro uncertainty, according to investment bank JPMorgan.