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    Home » JPMorgan Hikes Sapphire Reserve Fee to Nearly $800 | Open Interest 6/17/2025

    JPMorgan Hikes Sapphire Reserve Fee to Nearly $800 | Open Interest 6/17/2025

    webmasterBy webmasterJune 17, 2025 News 2 Mins Read
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    Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." JPMorgan is raising its Sapphire Reserve fee to nearly $800 as credit card wars heat up. Plus, Jetblue is struggling thanks to softer-than-anticipated travel demand. The carrier is eliminating flights, pausing retrofits and parking some jets in an overhaul. And Nassim Taleb, the famed quant trader, Author of "The Black Swan", and Senior Scientific Advisor for Universa Investments joined Bloomberg Open Interest to talk AI, Wall Street South and why he believes Trump’s trade policies are irrational.

    Chapters:
    00:00:00 – Open Interest Starts
    00:01:38 – Trump Plays Down Iran-Israel Truce
    00:08:16 – JPMorgan Hikes Sapphire Reserve Fee to $795
    00:13:17 – HIGH INTEREST
    00:19:21 – US May Retail Sales Fall 0.9% | Meredith Whitney, Meredith Whitney Advisory Group CEO
    00:32:54 – TOP CALLS
    00:39:18 – JetBlue Looks at More Cost Cuts
    00:44:56 – Taleb: Trump Admin. Approach Irrational | Nassim Taleb, Universa Investments Scientific Advisor
    00:54:49 – HIGH INTEREST
    01:05:13 – Keough: There’s a Lot of Opportunity in EV Market | Scott Keogh, Scout Motors CEO
    01:13:50 – Rabil: Investors are Underpricing Risk | Al Rabil, Kayne Anderson CEO
    ——–
    More on Bloomberg Television and Markets

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