New York (CNN Business) JPMorgan Chase is minting money as the US economy races back from the pandemic. Revenue fell 8% to $30.5 billion as JPMorgan's booming Wall Street business cooled from elevated levels. "We are encouraged by the continued progress against the virus and the economic recovery that is underway, especially the United States," Jeremy Barnum, JPMorgan's chief financial officer, told reporters during a conference call. JPMorgan's Wall Street arm slowed down a bit. Total markets revenue tumbled 30%, led by a 44% decline for fixed income markets.

Source: CNN July 13, 2021 11:15 UTC