October 13, 2023

Markets Now

Jamie Dimon warns: 'Now may be the most dangerous time the world has seen in decades'

JPMorgan Chase CEO Jamie Dimon kicked off third-quarter earnings season Friday with a stern warning to investors: “Now may be the most dangerous time the world has seen in decades,” he wrote in the company’s report.  
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Investors flock to defensive stocks and safe havens on worries about Israel-Hamas war

The Israel-Hamas war is sending investors in search of defensive assets.  
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Union workers reach a tentative deal with Kaiser Permanente after the largest-ever US health care strike

Kaiser Permanente reached a tentative deal with the unions representing 75,000 employees, following the largest-ever health care strike in US history.  
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Israeli billionaire blasts Harvard leadership and quits board in protest

Israeli billionaire Idan Ofer and his wife Batia are quitting a Harvard executive board in protest of how university leaders have responded to Hamas’ terror attacks on Israel.  
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Video: Why the cost of owning a car in this city starts at $76,000

Owning a car in Singapore, one of the world’s most expensive countries, has always been something of a luxury. But the cost of simply purchasing a certificate to own one – not including the vehicle - have soared to an all-time high.  
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Starbucks disagrees with union over its 'solidarity with Palestine' post

Starbucks on Wednesday criticized a message by its union about Hamas’ terrorist attack on Israeli civilians.  
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Source: CNN Business

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