JPMorgan Chase (JPM) CEO Jamie Dimon warned Friday that the economy faces “considerable turbulence” even as his bank reported a rise in first-quarter profits, and said “we continue to believe it is prudent to maintain excess capital and ample liquidity in this environment.” The bank’s earnings of $14.64 billion rose 9% from the year-ago quarter, but it also set aside 75% more provisions to cover future loan losses — a sign that it expects borrowers to run into more problems ahead. Dimon said investment banking “clients have become more cautious amid an increase in market volatility driven by geopolitical and…
Author: Oki Bin Oki
The head of the US military base in Greenland has been fired after she reportedly sent an email distancing herself from Vice-President JD Vance’s criticism of Denmark. The US military’s Space Operations Command said Col Susannah Meyers had been removed from her role at Pituffik Space Base due to a “loss of confidence in her ability to lead”. Last month, Vance said Denmark had “not done a good job” for Greenlanders and had not spent enough on security while visiting the Danish territory. The alleged email, released by a military news site, told staff Vance’s comments were “not reflective” of…
President William Ruto Friday expressed satisfaction with the progress in the construction of the world-class Nairobi’s Talanta Sports City that will significantly elevate the country’s sports profile. He said 3,300 workers have been hired at the stadium, with 2,000 working during the day, while 1,300 are engaged at night in the 60,000-seater facility. “With this pace, the Talanta Sports City, with a football pitch while outside the stadium is an athletic field and rugby training grounds, will be ready by December 2025,” he said when he visited the facility on Friday. Ruto pointed out that investment in physical infrastructure, including…
Government is almost halfway through the implementation of the reforms recommended by the Maraga Taskforce for the National Police Service (NPS), Kenya Prisons Service (KPS), and National Youth Service (NYS). Interior Principal Secretary Dr Raymond Omollo said the National Police Service is leading the process, having fully implemented 47.2 percent of the reforms. “The KPS and NYS have each completed 42.9 percent of the proposed changes, with the remainder in progress. The NPS has already rolled out a comprehensive medical insurance scheme, which includes a mental health care plan for all officers and their dependents.” “In addition, all officers are…
Ms. Rachel, the renowned children’s educator and YouTube personality, has recently welcomed a baby girl named Susannah. On April 8, 2025, Ms. Rachel, whose real name is Rachel Griffin Accurso, shared the joyful news with her followers on Instagram, stating, “We welcomed sweet baby Susannah into the world! We are so in love!” Due to medical reasons, Ms. Rachel was unable to carry this pregnancy and, along with her husband Aron Accurso, opted for surrogacy. They are already parents to a 7-year-old son named Thomas. The couple expressed deep gratitude to their surrogate for giving them “the most precious…
Two American Airlines jet had a minor collision on the runway at Ronald Reagan Washington National Airport – just three months after a deadly crash near there. The Federal Aviation Administration said the wingtip of one aircraft struck another on Thursday afternoon. At least two members of Congress were aboard one of the jets. Nick LaLota, a New York Republican, said no-one was hurt when the wing of their stationary plane was “bumped” by another jet. Sixty-seven people died on 29 January when an Army helicopter collided in midair with a jetliner as it landed at the same airport. LaLota…
The U.S. House on Thursday approved legislation requiring documentary proof of U.S. citizenship for anyone registering to vote, something voting rights group have warned could disenfranchise millions of Americans. The requirement has been a top election-related priority for President Donald Trump and House Republicans, who argue it’s needed to eliminate instances of noncitizen voting, which is already rare and, as numerous state caseshave shown, is typically a mistake rather than part of a coordinated attempt to subvert an election. It’s already illegal under federal law for people who are not U.S. citizens to cast ballots and can lead to felony…
Michelle Obama has spoken out against rumours that her marriage to Barack Obama might be in trouble. The former first lady has not accompanied her husband to several high-profile events – including Donald Trump’s inauguration and the funeral of former President Jimmy Carter – fuelling speculation that they might be separating. Without explicitly mentioning these occasions, Mrs Obama told the Work in Progress podcast hosted by actress Sophia Bush that she was now in a position to control her own calendar as a “grown woman”. She said that people were not able to believe that she was “making a decision”…
If you follow the NBA, you know that trades can shake up the entire landscape of a season. One minute, a star player is on one team, and the next, they’re wearing a new jersey in a completely different city. Fans go wild, analysts start breaking down every detail, and everyone waits to see if the trade will make a team better—or worse. But the big question remains: Do NBA trades actually work? Do they help teams get closer to a championship, or do they end up disrupting everything? Chemistry: It’s All About the Vibe One of the trickiest parts…
Social media networks have transformed the way we communicate in the digital era of today. These platforms bring together people from all around the world, making it easier and faster to exchange information, files, and other data. However, this connectivity is a double-edged sword that also creates new opportunities for cybercriminals and all sorts of wrongdoers. Disgraceful individuals often refer to social media sextortion as a means to an end: shaming victims, controlling their lives, and coercing them to meet their malicious demands. This troubling scam scheme is becoming widely adopted by organized online crime groups, so it would be…
In today’s fast-paced, digital-first world, the fintech industry is experiencing significant growth. As financial technology continues to transform how people manage their money, pay for services, and make investments, companies in the sector are facing increased competition. For fintech companies, digital marketing, especially search engine optimization (SEO), has become a critical tool for gaining visibility, attracting the right customers, and driving growth. Fintech companies, whether they offer personal finance apps, digital banking services, or investment platforms, operate in a crowded and competitive marketplace. This is why SEO plays a crucial role in helping them stand out. SEO enables fintech companies…
President William Ruto’s lawyer Katwa Kigen withdrew from the ongoing interviews for the position of commissioner of the Independent Electoral and Boundaries Commission (IEBC). Kigen, who was slated to appear before the IEBC selection panel on Thursday, cited the need to avoid unnecessary attention that could distract from the commission’s core mandate. Kigen represented Ruto during the 2022 presidential petition at the Supreme Court and was part of his International Criminal Court defence. His candidacy had raised impartiality concerns due to his close ties with the president. His decision to step back comes amid growing scrutiny over potential conflicts of…
A court in Tanzania charged opposition party leader Tundu Lissu with treason on Thursday for comments he made last week calling on the public to obstruct elections due later this year. Lissu, the chairman of the main opposition party CHADEMA and runner-up in the 2020 presidential election, was arrested on Wednesday after a rally in the southwestern region of Ruvuma. At a court appearance in the commercial Dar es Salaam, Lissu was not allowed to enter a plea on the treason charge. He pleaded not guilty to a separate charge of publishing false information. The charge will bring fresh scrutiny…
The Ethics and Anti-Corruption Commission detectives recovered Sh6.5 million from the car belonging to the Turkana County Executive Committee Member for Finance in a Sh600 million fraud probe. This happened during a raid on Michael Eregae Ekidor’s house and office in the ongoing probe. The team raised premises and offices of nine other officers at the county. The commission Chief Executive Officer Abdi Mohamud revealed they had earlier on obtained Court Orders dated March 3, 2025, freezing Sh180,000,000 in bank accounts belonging to Abenyo Amathwel Etiir, a Security Warden at the County Government and his associated companies. On Thursday April…
Kenya is opening up to new partnerships in the private sector globally to broaden its investment opportunities and attract business. Prime Cabinet Secretary Musalia Mudavadi said the partnerships are aimed at improving the ease of doing business in Kenya and laying the requisite policy and infrastructural framework for investment. Mudavadi said the government has put in place structures to ensure that Nairobi commands its stature as the regions business and financial hub, thus serving as a gateway to Africa. “Looking at the new global order, Kenya is open and ready to seize every opportunity that will deepen our bilateral cooperation…