JP Morgan Warns It May Charge for Checking Accounts; Japanese Fans Flock to U.S. to See Baseball's Ohtani | Business Matters Full Broadcast (July 5)

Business Matters with Don Ma

JP Morgan says Chase customers should get ready to pay for run-of-the-mill checking accounts. That's if the U.S. government caps the bank's other fees. But the head of JPMorgan owned Chase Bank told the Wall Street Journal that if this revenue source dries up, customers will have to fork out in other ways.

New fans, new excitement, new sponsors. All that — at dodger stadium in Los Angeles. Some fans are coming from as far away as Japan. Much of this is because of one of the team's newest players —Shohei Ohtani.

New data seems to show the US job market is weakening. The official unemployment rate just hit a two-and-a-half year high. Wage growth has moderated. And while the data shows 206 thousand new jobs were added in June, the estimated gains for May and April were revised down sharply.