NEW YORK, United States — JPMorgan Chase reported lower fourth-quarter profits Tuesday as CEO Jamie Dimon endorsed Federal Reserve independence and offered an upbeat reading on the US economy. The giant US bank reported $13 billion in profits, down 7 percent from the year-ago period following a $2.1-billion hit connected to the assumption of the Apple credit card, replacing Goldman Sachs. While revenues rose 7 percent to $45.8 billion, bank executives expressed disappointment at the performance of investment banking. Shares of the bank finished down 4.2 percent, dragging on the Dow index. Some analysts questioned a plan to lift capital […]... Keep on reading: JPMorgan Chase reports mixed results as Dimon defends Fed chief