JP Morgan Chase

JPMorgan, Citi start earnings season strong

Jamie Dimon, chairman & CEO of JP Morgan Chase
Jamie Dimon, chairman and CEO of JP Morgan Chase. Photo: Kena Betancur/AFP via Getty Images

JPMorgan Chase and Citigroup reported better-than-expected fourth-quarter earnings on Tuesday, while Wells Fargo missed.

What happened: JPMorgan's and Citigroup's stock both gained more than 1% while Wells Fargo dropped by over 5%.

Hospitals say they want affordable care, but actions aren't clear

Illustration of a health plus peeling back revealing a hundred dollar bill on the reverse side.
Illustration: Aïda Amer/Axios

Hospitals acknowledged to investors at this year's J.P. Morgan Healthcare Conference that their industry is contributing to patients' financial turmoil.

Yes, but: Hospitals reassured those same investors that they were focused on growing their revenue, with no real details about how that would save patients money.