JPM Tops Estimates as Net Income Climbs to $5.7B

Jan. 16 (Bloomberg) -- Bloomberg's Scarlet Fu reports that JPMorgan Chase & Co. said fourth-quarter profit rose 53 percent, beating analysts’ estimates as net income climbed to $5.69 billion, or $1.39 a share. She speaks on Bloomberg Television's "Bloomberg Surveillance."
Fed's Yellen Speaks About U.S. Economy, Monetary Policy
20:23 - Federal Reserve Chair Janet Yellen speaks about the U.S. economy and monetary policy. Yellen said she still expects to raise interest rates this year if the economy meets her forecasts, with a gradual pace of tightening to follow. She speaks in Providence, Rhode Island. (Source: Bloomberg)
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