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New Report: Global Banks Financed Fossil Fuels with $8.7 Trillion Since the Paris Agreement, $906 Billion in 2025 Alone

JPMorgan Chase and Bank of America are the world’s top two fossil fuel funders. NEW YORK, NY — The 17th edition of the Banking on Climate Chaos (BOCC) report released today finds that the world’s 65 largest banks committed $906 billion to fossil fuel companies in 2025, an increase of 8% from the previous year. ... [continued]

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Banks turn data centre loans into 2008-style financial time bombs

An asset bubble is an opportunity. By late 2024, financiers were already constructing collateralised GPU obligations, lending against video cards. CoreWeave borrows against its Nvidia GPUs — which have a useful life of maybe two years. CoreWeave then uses the loan to buy more Nvidia GPUs. This is fine. Investment banks have been hard at […]

Analyst: Oil Inventories May Not Save The Market After All

Global oil markets are leaning on an inventory buffer that looks large on paper but may become operationally fragile within months if the Strait of Hormuz remains closed. JPMorgan’s latest oil analysis says the world entered 2026 with about 8.4 billion barrels in storage, a figure that appears healthy after global inventories rebuilt in 2024 […]

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CEO do JPMorgan Alerta Que Guerra no Irã Pode Impulsionar Inflação e Taxas de Juros

Forbes, a mais conceituada revista de negócios e economia do mundo.

Jamie Dimon fala sobre risco de choques nos preços de petróleo e de commodities, em uma carta anual aos acionistas

O post CEO do JPMorgan Alerta Que Guerra no Irã Pode Impulsionar Inflação e Taxas de Juros apareceu primeiro em Forbes Brasil.

StubHub Stock Plunges Amid Q4 Earnings Miss, Lockup Expiration

Shares of online ticket seller StubHub tumbled Thursday after the company reported disappointing fourth-quarter earnings and ahead of the expiration of its IPO lockup on Friday. StubHub late Wednesday posted a net loss of $535.3 million, or $1.56 a share, for the fourth quarter ended Dec. 31, compared to a profit of $54.1 million or […]

JPMorgan Sees Brent Jumping $120, 25-Day Supply On Hormuz Disruption

JPMorgan Chase’s core warning is that Brent crude could reach $120 per barrel if Middle East hostilities turn a shipping disruption in the Strait of Hormuz into a sustained regional supply outage, with the bank estimating Gulf producers can maintain normal output for only about 25 days under a complete blockade before saturated storage forces […]

The post JPMorgan Sees Brent Jumping $120,…

Headline of the Day

The Finance Industry Is a Grift. Let’s Start Treating It That Way

—An Op/Ed in The New York Times stating the obvious.

I'm surprised that the "Gray Lady" was willing to publish an opinion that explains how Wall Street has become a parasitic force in society.

About the only paper less likely to publish this would be the Wall Street Journal.

The author, Oren Cass, one of the authors…

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CEOs Kiss the Ring at Trump Family Crypto Forum at Mar-a-Lago

President Trump’s sons, Eric Trump and Donald Trump Jr., on Wednesday kicked off their family’s cryptocurrency venture, World Liberty Financial, with an inaugural forum at their father’s Mar-a-Lago estate.

Eric Trump boasted on X that the forum is “uniting visionaries from Crypto, Wall Street, tech and beyond to shape the future of finance—free from outdated banks, centralized control, and…

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