International airfares from India have surged sharply as more than 700 flights are being cancelled daily due to the escalating conflict involving Iran, the US and Israel that has disrupted airspace across the Gulf region. One-way economy class fares on direct flights from London to Mumbai operated
Speculation that Cristiano Ronaldo had left Saudi Arabia with his family has been firmly shut down. Reports from several international outlets claimed the Portuguese forward’s $81 million private jet flew from Riyadh to Madrid on Monday evening
The Board of Control for Cricket in India (BCCI) has congratulated the India Women’s Cricket Team after their nomination for the 2026 Laureus World Team of the Year Award. The Board of Control for Cricket in India (BCCI) has congratulated the India Women’s Cricket Team after their nomination
Summer arrived early this year, boosting sales of drinks, ice-creams, and air conditioners by up to 30 per cent in February. This early heat is expected to drive strong sales throughout the season. Last year saw a significant drop in these products
Pakistan panel rocked as selector who opposed Babar Azam’s inclusion resigns, frustrated at Mike Hesson’s authorityAleem Dar stepped down from the Pakistan men’s selection committee after repeatedly feeling sidelined in key selection discussions. Updated on: Mar 04
JPMorgan confirms Trump assertion that bank CEO Dimon was not offered Fed chair job
JPMorgan CEO Jamie Dimon has denied being offered the Federal Reserve chair position. This comes after President Donald Trump disputed a report claiming he made the offer. Trump also stated he will sue JPMorgan. The bank maintains it does not close accounts based on political or religious beliefs. Dimon has previously opposed some Trump administration policies.
JPMorgan CEO Jamie Dimon on Saturday confirmed he was not asked to be Federal Reserve chair, hours after U.S. President Donald Trump disputed a report saying he offered Dimon the role.
Earlier this week, the Wall Street Journal reported Trump offered to nominate Dimon for Fed chair, although the news outlet added the JPMorgan boss took the offer as a joke. Trump in a Truth Social post on Saturday denied that report, and JPMorgan later affirmed the president's assertion.
"There was no job offer," Dimon said in a statement.
In an email to Reuters, bank spokesperson Trish Wexler said she should have been "more vigilant" in correcting the Wall Street Journal story before it was published.
Trump on Saturday also posted he plans to sue JPMorgan sometime in the next two weeks for allegedly "debanking" him following the January 6, 2021 attack on the U.S. Capitol by his supporters.
Wexler said the bank would not discuss specific clients, but the bank believes "that no one's account should be closed because of political or religious beliefs."
"We appreciate that this Administration has moved to address political debanking and we support those efforts," Wexler said.
Dimon, one of Wall Street's most influential figures, has come out against some of the Trump administration's policies.
Earlier this week, Dimon voiced support for the independence of the Fed, days after the Justice Department opened a criminal investigation into current Fed Chair Jerome Powell, whose term expires in May.
Dimon and top JPMorgan executives have also pushed back on the Trump administration's proposed 10% cap on credit card interest rates, saying it would result in millions of households losing access to credit.
Trump on Wednesday suggested in a Reuters interview he was inclined to nominate either White House economic adviser Kevin Hassett or former Fed Governor Kevin Warsh to replace Powell.
Add as a Reliable and Trusted News Source Add Now!
Source: EconomicTimes
Related Posts: JPMorgan CEO Jamie Dimon reveals his hardline smartphone policy Jamie Dimon explains how JPMorgan's headcount will be steady or even increase despite US tech giants' layoff amid AI boom JPMorgan confirms Trump’s assertion that bank CEO Dimon was not offered Fed chair job Jamie Dimon's bold AI forecast Jamie Dimon's grim warning for US economy Justice Department probes mortgage fraud claims against Lisa Cook of Federal Reserve The Federal Reserve wrestles with how many interest rate cuts to make and how fast Trump orders removal of Federal Reserve governor The Federal Reserve wrestles with how many interest rate cuts to make and how fast US Federal Reserve officials showed deep divisions at December meeting
Fixed deposits are a safe and reliable investment tool for conservative investors to earn consistent long-term returns. Compared to simply parking your money in a savings account, a fixed deposit or FD, allows you to allocate a lumpsum amount to a financial institution for a fixed period of time
59 minutes ago
India prepares for the T20 World Cup semifinal against England. The team focuses on preparation and strategy. They have won most matches, showing strong performance. Catching remains a concern. England is a strong opponent. The Wankhede Stadium pitch is expected to favor batting
59 minutes ago
Conflict jolts India’s fertiliser supply, shipping cost doublesDeals for fertiliser imports are typically finalised during December-February for the summer-sown season. Published on: Mar 04, 2026 7:41 AM IST By Zia Haq Share via Copy link New Delhi: The war in West Asia is roiling the fertiliser
59 minutes ago
Discussions of migration in Britain often portray immigrants as “invaders”. This is evident in the narrative around migrants arriving on small boats, to recent comments by Jim Ratcliffe, the billionaire co-owner of Manchester United. Ratcliffe, who relocated to the tax haven of Monaco in 2020
59 minutes ago
MacBook Pro M5 Pro and M5 Max are here. The top model costs more than a SwiftMacBook Pro with M5 Pro and M5 Max is here, bringing faster SSDs, bleeding-edge performance, and eye-watering top-end price tags. Updated on: Mar 03, 2026 8:46 PM IST Share via Copy link You may be interested in 3 % OFF
59 minutes ago
The company advised users to avoid installing applications from unknown sources and to download emergency apps only from official app stores. New Delhi: AI-driven cybersecurity firm CloudSEK has uncovered a malicious SMS spoofing campaign distributing a trojanised version of Israel’s official
59 minutes ago
Arne Slot began the week by saying that he found most Premier League games no longer a joy to watch. The Liverpool boss certainly won't have changed his mind after his side's performance in their 2-1 defeat at bottom club Wolves. As Rob Edwards raced down the touchline in Jose Mourinho-esque
59 minutes ago
An eight-year-old Queensland girl has been killed after she was seriously injured in a snowmobile accident at a Japanese ski resort. Chloe Jeffries, from the Gold Coast, was riding on a snowmobile with her mother in Hakuba Valley, Nagano prefecture, on Saturday when it overturned
59 minutes ago
US Commerce Secretary Howard Lutnick has agreed to testify in the congressional inquiry of convicted sex offender Jeffrey Epstein, the chairman of the committee conducting the investigation said Tuesday. "Secretary Lutnick has proactively agreed to appear voluntarily before the House Committee on
59 minutes ago
Ant and Dec have asked a High Court judge to help them obtain information about deals in which they bought and sold Banksy artworks, after claiming an intermediary took "secret and unauthorised profits". The TV hosts say they paid £550,000 for one set of Banksy works but the seller apparently only
59 minutes ago
Reports published by Iran International and other media outlets suggest that Mojtaba Khamenei has been chosen as Iran’s new Supreme Leader, allegedly under heavy pressure from the Islamic Revolutionary Guard Corps (IRGC). Days after Iran's Supreme Leader Ayatollah Ali Khamenei and several senior
59 minutes ago
Apple debuts more M5 chips with MacBook Pro, and refreshes MacBook AirApple’s latest Mac refresh doubles down on the M5 era, bringing new Pro and Max silicon to MacBook Pro and a faster, better-equipped MacBook Air into the spotlight Published on: Mar 03
59 minutes ago
The colours may wash away, but for many people, the after-effects linger where you least expect them – inside the nose and sinuses. Post-Holi sneezing fits, nasal congestion, or facial heaviness are often brushed off as seasonal allergies. Yet doctors say the real culprit may be chemical gulaal
59 minutes ago
The White House is reportedly debating whether to let Tencent retain its stakes in major video game companies, including U.S. firm Epic Games and Finnish developer Supercell. Top officials are assessing if these investments pose a national security risk ahead of President Trump's meeting with
59 minutes ago
Sundar Pichai’s Holi post: Google CEO shares 'incredible' picture by Mumbai photographerSundar Pichai’s Holi post is a vibrant celebration of colour and community featuring an Indian talent. Published on: Mar 04, 2026 7:46 AM IST By Trisha Sengupta Share via Copy link Google CEO Sundar Pichai
59 minutes ago
Liverpool rocked by last-gasp defeat at Wolves Published on: Mar 04, 2026 4:51 AM IST AFP Share via Copy link Liverpool rocked by last-gasp defeat at Wolves Liverpool rocked by last-gasp defeat at Wolves Liverpool suffered an embarrassing 2-1 defeat at Wolves as Andre's stoppage-time strike sealed
59 minutes ago
England all-rounder Sam Curran believes his side is hitting peak form at the right moment as they prepare for their high-stakes T20 World Cup 2026 semi-final against India at the iconic Wankhede Stadium on Thursday. England all-rounder Sam Curran believes his side is hitting peak form at the right
59 minutes ago
S&P 500 sinks 2%, US bond yields surge as Iran war shows no signs of abatingThe gold price falls 5.4% to $5,035.53 an ounce, brent crude briefly tops $85/barrel, as US bond yields surge 4 bps to 4.07%. Published on: Mar 03, 2026 9:14 PM IST Bloomberg Share via Copy link US stocks fell and bonds
59 minutes ago
Happy Holi 2026, 100+ wishes to share: Holi is the festival of colours, joy, and togetherness, a time to forgive, reconnect, and celebrate life’s brightest moments. Share these beautiful Holi 2026 wishes and messages to spread happiness with family, friends, and loved ones.Happy Holi 2026
59 minutes ago
Congress leader Rahul Gandhi has urged Prime Minister Narendra Modi to speak out. Gandhi questioned if Modi supports assassinating heads of state to shape the world order. He referenced the killing of Iran's Supreme Leader Ayatollah Khamenei
59 minutes ago
Chandra Grahan 2026 Timings Today: This will be the last total lunar eclipse for the next two years, with the next one expected on December 31, 2028. Don’t miss this rare opportunity to witness and capture the Blood Moon in all its glory.Chandra Grahan 2026 Timings Today: This will be the last
59 minutes ago
US President Donald Trump has said he "does not care" if Iran take part in this summer's 2026 World Cup. Trump's comments come amid US and Israeli strikes on Iran, which has responded by launching attacks on US-allied states in the Gulf in an escalating conflict
59 minutes ago
US President Donald Trump announced new Strait of Hormuz maritime security measures, including political risk insurance and possible naval escorts, as tensions in West Asia threaten global energy shipments and oil market stability. US President Donald Trump announced that Washington would "take
59 minutes ago
Apple unveils 27-inch Studio Display XDR with Thunderbolt 5 supportApple has unveiled two new 27-inch displays with upgraded connectivity, higher brightness, and a 120Hz refresh rate for demanding workflows. Published on: Mar 03, 2026 9:09 PM IST Share via Copy link Apple has expanded its desktop
59 minutes ago
A fortnight before Nowruz, the Iranian new year, Mohammed Hassan Irani was fretting about his low stock of Iranian almonds. Every year, around this time, the 65-year-old owner of Mumbai’s only Irani sweet shop gets ready to make a big batch of baklava for the city’s tiny community of residents
59 minutes ago
As Nepal’s March 5 election date looms, voters face a haunting set of questions: will the same old parties take power? Who is the right candidate or party to vote for? Whose speeches are to be trusted? And who, if anyone, offers an alternative politics?As Nepal’s March 5 election date looms
59 minutes ago
Punch the monkey to be separated from stuffed toy? Truth behind viral claim; ‘going to be harder…’Several social media accounts have claimed that Punch the monkey, who went viral, would be separated from his iconic plushie toy by the zoo. Published on: Mar 04
59 minutes ago
