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Jamie Dimon Says Markets Are Complacent About Chances of Rate Hikes

JPMorgan Chase CEO has warned that financial markets are underestimating the risk of interest rate hikes in the US, calling the prevailing sense of calm “complacency” in the face of mounting inflationary pressures.Speaking at an event hosted by Ireland’s foreign ministry in Dublin on Thursday, Dimon said he believes there’s…

US Warships Fire Top Missile Interceptors at ‘Alarming Rate’: Admiral

US Navy warships are burning through one of the top ballistic missile interceptors at an “alarming rate,” the admiral overseeing naval operations told lawmakers on Tuesday.During a Senate Appropriations Committee hearing, Hawaii Sen. Brian Schatz said US forces have expended large amounts of munitions to defend Israel from Iranian strikes…