New York (CNN Business) The Main Street and Wall Street gap is widening again. Yet many Americans are hurting from surging prices and burnout from the Covid-induced labor shortage. JPMorgan Chase posted strong results for the fourth quarter Friday, including a $10.4 billion profit that topped forecasts. Nonetheless, CEO Jamie Dimon was upbeat about the quarter and 2021's full year results. "The economy continues to do quite well despite headwinds related to the Omicron variant, inflation and supply chain bottlenecks," Dimon said in a statement.

Source: CNN January 15, 2022 02:09 UTC