business news

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…

The Fitch analyst behind the U.S. downgrade breaks down the decision—and how the country can regain the top rating

It’s not a growing jobs market, strong U.S. dollar or a resilient economy that will help the U.S. regain the…

Trump’s GOP allies vent about Hunter Biden after latest special counsel indictment

Former President Donald Trump’s Republican allies in Congress rushed to his defense following his latest criminal indictment, this time accusing…

Treasury Secretary Yellen says surprising Fitch downgrade is ‘entirely unwarranted’

WASHINGTON — Treasury Secretary Janet Yellen on Wednesday denounced Fitch’s decision to downgrade the United States’ longstanding credit rating that…

Stocks making the biggest moves midday: SolarEdge Technologies, Humana, Starbucks, Robinhood and more

Check out the companies making the biggest moves midday. SolarEdge Technologies — The solar stock tumbled 18.36% after the company…

Trump indictment reveals new details of Jan. 6, pressure campaign to subvert election

The new indictment of Donald Trump reveals previously unknown details about his and his allies’ efforts to prevent President Joe…