JPMorgan CEO Jamie Dimon warns the economy faces 'considerable turbulence'

Jamie Dimon reiterated his warning about a turbulent US economy in JPMorgan's first-quarter earnings report on Friday, as the banking giant reported earnings that beat Wall Street's expectations. JPMorgan's net revenue rose 8% year-on-year to $45.3 billion, driving net income up 9$14.6 billion.The bank bolstered its provision for credit losses — money set aside in anticipation of bad debts — by $973 million to$3.3 billion in the first three months of this year, citing a worse macroeconomic outlook. ...