Bloomberg Business

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said that headcount at the largest US bank is set to remain unchanged for the rest of the year after climbing more than 8%.

US equity futures were mixed on Friday, as bank earnings season began and traders weighed bets the Federal Reserve could be nearing the end of its rate-hiking cycle.

The US government is struggling to explain how a 21-year-old man in a junior post was in a position to allegedly leak a massive trove of classified US documents related to the Ukraine conflict. Jack Teixeira, a cyber specialist for the US Air Force National Guard, was arrested in Massachusetts and is scheduled to be arraigned in US District Court in Boston on Friday.

UK civil servants rejected a government pay offer, raising the prospect of a further wave of strikes and ratcheting up the pressure on Rishi Sunak’s administration to boost its offer to resolve the dispute.

Citigroup Inc. posted a surprise jump in first-quarter profit after its fixed-income traders delivered a windfall large enough to cover the rising cost of the bank’s souring loans.

The latest move in the fight over the abortion pill erases years of progress in increasing access to the drug, with the leader of the country’s biggest medical body calling it a “profoundly dangerous step backwards.”

A cornerstone of the US interest-rates market for a generation of traders will mostly cease to exist after Friday.

JPMorgan Chase & Co. boosted its guidance for net interest income and said deposits unexpectedly rose from the end of last year, sending shares of the company higher.

The United Arab Emirates has assured to provide a $1 billion loan to Pakistan, the debt-laden nation said, moving it closer to a deal with the International Monetary Fund to avoid a default.