Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., US, on Thursday, Sept. 22, 2022. Al Drago | Bloomberg | Getty Images JPMorgan Chase on Wednesday rejected allegations cited in a new report that …

WASHINGTON — House Speaker Kevin McCarthy and White House officials worked to shore up support for a bill that would raise the debt ceiling and cut government spending, as the House prepared to vote Wednesday night on the legislation. After weeks of grueling negotiations, the Fiscal Responsibility Act passed its first major test …

Speaker of the House Kevin McCarthy, R-Calif., speaks at the U.S. Capitol on May 28, 2023 after an “agreement principle” was reached between House Republicans and President Joe Biden’s team to avoid a default on the U.S. debt. Anna Rose Layden | Getty Images News | Getty Images A measure …

The Amazon headquarters sits virtually empty on March 10, 2020 in downtown Seattle, Washington. In response to the coronavirus outbreak, Amazon recommended all employees in its Seattle office to work from home, leaving much of downtown nearly void of people. John Moore | Getty Images Amazon employees plan to walk …

Customer vehicles sit parked outside an Advance Auto Parts automotive supply store in La Grange, Kentucky. Luke Sharrett | Bloomberg | Getty Images Shares of Advance Auto Parts plummeted roughly 30% during early trading Wednesday after the company’s first-quarter earnings significantly missed Wall Street’s expectations and executives slashed the retailer’s …

FTC Commissioner nominee Lina M. Khan testifies during a Senate Committee on Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, DC, April 21, 2021. Graeme Jennings | AFP | Getty Images Republican lawmakers have for years launched barrages of criticism at Biden administration regulatory agencies and their …

An American Airlines plane takes off from the Miami International Airport on May 02, 2023 in Miami, Florida.  Joe Raedle | Getty Images American Airlines raised its adjusted earnings outlook for the second quarter thanks to strong travel demand and lower fuel prices. Adjusted per-share earnings will come in between …

Christine Lagarde (R), President of the European Central Bank (ECB), and Vicepresident Luis de Guindos (L) Thomas Lohnes | Getty Images News | Getty Images Financial markets could face a sharp downturn in the event of any further shocks to the global economy, European Central Bank Vice-President Luis de Guindos …

For several years, the terms shrink, retail crime and organized retail theft have echoed from the mouths of politicians, police officers, trade groups and the country’s most prominent retail executives. Politicians and police departments have sounded the alarm about rising retail theft, and are calling for stricter enforcement and prosecution …

An aerial view of Tesla Shanghai Gigafactory on March 29, 2021 in Shanghai, China. Xiaolu Chu | Getty Images News | Getty Images From handshakes with Chinese officials to visits to China’s top ministries, Elon Musk’s visit to Beijing is putting the spotlight on China’s place in the global electric …