Jamie Dimon, Chairman and CEO of JPMorgan Chase, spoke at the Reagan National Defense Forum. Trump threatens to sue JPMorgan for “debanking” him after the Capitol riot. JPMorgan and Bank of America previously refused his deposits. Trump Jr. said his family entered the cryptocurrency industry out of necessity. JPMorgan shares dropped 5% despite strong earnings. Trump denied offering Jamie Dimon the Federal Reserve chairmanship. Fed Chairman Jerome Powell’s term ends on May 15.

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1. The stock market saw a sharp decline today as concerns over rising inflation and potential interest rate hikes weighed on investor sentiment. The Dow Jones Industrial Average dropped over 500 points, while the S&P 500 and Nasdaq also experienced significant losses.

2. Tesla announced plans to build a new Gigafactory in Texas, which will focus on manufacturing its Cybertruck and Model Y vehicles. The electric car maker aims to start production at the facility by the end of 2021 and create thousands of jobs in the process.

3. Apple unveiled its latest product lineup, including the new iPhone 13 models and updated Apple Watch. The tech giant also introduced new features like improved camera capabilities, longer battery life, and enhanced health tracking options for its devices.: Trumpt threatens to sue JPMorgan Chase for ‘debanking’ him