Ken Sweet, The Associated Press Auhtor Headshot Image

Ken Sweet, The Associated Press

Ken Sweet is a reporter with The Associated Press,  an American not-for-profit news agency headquartered in New York City and founded in 1846.

JPMorgan chief warns of threats to U.S. economic resilience JPMorgan chief warns of threats to U.S. economic resilience

Economic Indicators

JPMorgan chief warns of threats to U.S. economic resilience

Jamie Dimon says inflation, political polarization, wars creating risks not seen since Second World War

By Ken Sweet, The Associated Press |April 8, 2024

4 min read

NY Community Bancorp tries to reassure investors, but stock falls again NY Community Bancorp tries to reassure investors, but stock falls again

Industry News

NY Community Bancorp tries to reassure investors, but stock falls again

Shares fell another 11% Wednesday after the bank's credit rating got downgraded to “junk”

By Ken Sweet, The Associated Press |February 7, 2024

2 min read

Banks upbeat on U.S. consumer despite bank profit declines, inflation and rising debt levels Banks upbeat on U.S. consumer despite bank profit declines, inflation and rising debt levels

Industry

Banks upbeat on U.S. consumer despite bank profit declines, inflation and rising debt levels

Citigroup said Friday that it's cutting 20,000 jobs, roughly 10% of its workforce

By Ken Sweet, The Associated Press |January 12, 2024

3 min read

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