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MarketWatch.com – Top Stories
- JPMorgan’s Jennifer Piepszak moving up to COO role but doesn’t want Jamie Dimon’s job January 14, 2025JPMorgan Chase & Co. on Tuesday named Jennifer Piepszak its new chief operating officer, but the company’s four major department heads remain more likely successors to Chief Executive Jamie Dimon to head up the largest U.S. bank.
- U.S. budget deficit swells to record $711 billion in first quarter of fiscal year January 14, 2025The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury Department said Wednesday.
- FTC takes fresh swipe at drug middlemen, says some prices marked up over 1,000% January 14, 2025The drug middlemen known as pharmacy-benefit managers took another body blow from regulators on Tuesday, as they were criticized for charging way more for some “critical” prescription drugs than it cost them.