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SHOCKING: 5 - You Need To See This

Mark Cuban Says AI Could Shorten the Workweek: How Would That Impact Your Paycheck?

Mark Cuban says that AI could cut work hours without cutting pay. Here’s what experts say about shorter workweeks and how it could impact your paychecks.

GOBankingRates

The first wave of bank earnings shows why 'resilience' is Wall Street's favorite word

Also: All the news and watercooler chat from Fortune.

Fortune

Jamie Dimon says private credit defaults are not threat to major banks

Recent losses on loans in relatively unregulated sector are not a systemic risk to financial sector, says JP Morgan boss

The Guardian - UK

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The AI that found 27-year-old vulnerabilities no human ever caught before just forced an emergency meeting with every major Wall Street CEO

Treasury Secretary Scott Bessent and Fed Chair Jerome Powell reportedly convened Wall Street leaders in an emergency meeting addressing Anthropic’s latest model release.

Fortune

The End Of 5-Day Workweek? AI Could Cut It To 3 Days By 2031, Says Zoom CEO Eric Yuan

Zoom CEO Eric Yuan suggests AI advancements could reduce the workweek to three days, transforming modern employment and boosting productivity.

International Business Times UK

US summons bank bosses over cyber risks from Anthropic’s latest AI model

Reports say Fed chair Jerome Powell among attenders at meeting in Washington

The Guardian - UK

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays

Over the course of his Wall Street career, JPMorgan’s Jamie Dimon has learned to avoid making big decisions when the weekend rolls around.

Fortune

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'I hate working 5 days': Zoom CEO says traditional work schedules are becoming obsolete—and predicts a 3-day workweek by 2031

“I do not think we need to work for 5 days because literally we all will employ so many digital agents,” Zoom CEO Eric Yuan said.

Fortune

Jamie Dimon says the best teams work like Navy SEALs, not sprawling ‘flat’ corporations

In his latest letter to shareholders, the JPMorgan Chase CEO pushes back on Big Tech’s “do more with less” megamanager model.

Fortune

Jamie Dimon warned high taxes would push business out of New York, but the city is honing its edge over Miami in attracting top talent, report finds

More skilled professionals are moving to New York than Florida, according to a white paper from real estate firm JLL shared exclusively with Fortune.

Fortune

The U.S. had a national debt ‘home run’ in its grasp, says Jamie Dimon. The government did nothing, and now its best option is crisis management

“We haven’t had the will yet to actually deal with it, and it’s unfortunate because it can end up with a real problem, worse than it would otherwise have been. Good policy is free,” Dimon said.

Fortune

Jamie Dimon warns of growing crypto competition in annual JPMorgan shareholder letter: ‘We need to roll out our own blockchain technology’

The CEO’s latest remarks reflect his evolving attitude towards crypto, and coincide with a unit of JPMorgan embracing Solana

Fortune

JP Morgan boss warns of ‘significant’ interest rate shocks

IN FULL

The Independent UK

JP Morgan Chase head warns of unexpected global interest rate shocks as a result of Iran war

Jamie Dimon also appears to criticise Donald Trump for distancing the US from its allies

The Independent UK

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Fortune

Sam Altman's big pitch to fix the big AI mess sounds like Jamie Dimon's: a 4-day workweek and a big new tax on rich people like him

OpenAI Monday released a paper outlining policy proposals to regulate and tax corporate income from AI.

Axios

Why JPMorgan Chase CEO Jamie Dimon isn't sweating private credit

JPMorgan Chase CEO Jamie Dimon downplayed the threat of a private credit meltdown, while Goldman Sachs signaled that its private credit business is in good shape.

International Business Times

Jamie Dimon's Annual Letter To Shareholders Warns Geopolitical Risks Could Herald Investor Caution

JPMorgan Chase reports record revenue and net income, rewarding shareholders with increased dividends, while CEO Dimon underscores the importance of disciplined growth and technological investment.

Fortune

‘Skunk at the party’: Jamie Dimon warns of recession risks amid ongoing wars—but also stagflation

The JPMorgan Chase CEO laid out the possibility of recessionary, and even stagflationary, forces stemming from ongoing wars.

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Fortune

Jamie Dimon defends the U.S. war on Iran—and warns it’s pushing the economy into uncharted territory

In prior years, the JPMorgan CEO warned about economic hurricanes and banking crises. This year, it’s about the unraveling global order itself.

Fortune

JPMorgan has 300,000 employees, but Jamie Dimon says the bank wins by deploying small teams like Navy SEALs

Decades-old research backs up the idea that individual effort decreases as group sizes increase.

Fortune

JPMorgan CEO Jamie Dimon predicts AI will cut the workweek down to 3.5 days—and tells Gen Z developing EQ is more important than ever

JPMorgan Chase CEO Jamie Dimon believes that future generations will have more job opportunities, and human skills like curiosity and work ethic will reign supreme in the AI era.

The Guardian - UK

Jamie Dimon says US should strengthen allies economically, in veiled criticism of Trump

JP Morgan boss warns of risks of higher inflation and interest rates due to Iran war in annual letter to shareholders

Kiplinger

Travel Icon Rick Steves Cheers a 'Millionaire Tax.' Here's What Other Wealthy Americans Have Said in Support of Higher Taxes

"A new tax on fat paychecks like mine was just signed into law in my home state — and I like it," Steves said.

Fortune

Netflix cofounder says he stopped work at 5 p.m. every Tuesday for 30 years to stay ‘sane,’ no matter the crisis: ‘Nothing got in the way of that’

Marc Randolph ran Netflix for seven years and never let a meeting, crisis, or last-minute request stand in the way of his Tuesday 5 p.m. hard stop. Experts and fellow CEOs are divided on whether that’s genius—or naive.

Fortune

Jamie Dimon’s reality check for ambitious workers: 'There’s going to be a grunt part to every part of a job. Get over it'

The JPMorgan CEO says workers should not simply “get a new job.” Instead, they should stick to one role.

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People

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