Jamie Dimon says the American Dream is ‘slipping out of reach’ — and JPMorgan is spending billions to fix it

Jamie Dimon has a warning: The American Dream is in trouble. And he’s putting JPMorgan Chase’s money where his mouth is. The bank’s chairman and CEO on Tuesday unveiled the “American Dream Initiative” (ADI), a sweeping multi-year effort to expand economic opportunity across the United States. The announcement marks one of the most ambitious...