business news

Dimon says Jeffrey Epstein lawsuits have impacted JPMorgan brand, and he is sorry for having him as a client

JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday that lawsuits against the giant bank related to its former client,…

New IRS paperless system will help reduce deficit significantly over 10 years, Yellen says

WASHINGTON — Treasury Secretary Janet Yellen praised a new initiative by the IRS that she said will help reduce the…

Judge resets crypto couple plea hearings ahead of Trump appearance in D.C. court

A federal judge in Washington, D.C., reset the times for Thursday’s plea hearings of the “Crypto Couple” accused of trying…

Stocks making the biggest moves after hours: PayPal, Robinhood, Qualcomm, Clorox, DoorDash and more

Check out the companies making headlines in extended trading. Robinhood — Shares of the trading platform slipped 4.7% after it…

Billionaire DeVos family looks to DeSantis, not Trump, in 2024

The billionaire DeVos family, whose matriarch, Betsy DeVos, served in Donald Trump’s Cabinet, appears to be backing a Trump rival…

Capitol Police reopen Senate buildings after finding no active threat

Capitol Police reopened a Senate office building Wednesday after sweeping the area and finding “no suspicious activity or persons of…

JPMorgan CEO Jamie Dimon calls Fitch Ratings U.S. downgrade ‘ridiculous’ but says it ‘doesn’t really matter’

The Fitch Ratings downgrade of the United States’ long-term credit rating ultimately doesn’t matter, JPMorgan Chase CEO Jamie Dimon told…

Veteran banker Jeffrey Schmid picked to lead Kansas City Fed

The Kansas City Federal Reserve is about to get a new leader as the inflation-fighting central bank plots its course…

Elon Musk tweets and Twitter bots drove up price of FTX-listed altcoins, research finds

Rampant bots on Twitter helped to pump up the price of cryptocurrency, including coins traded by insiders at FTX hedge…