business news

Debt ceiling bill passes in the House, advances to the Senate days ahead of default deadline

WASHINGTON — A bill to raise the debt limit and cap government spending passed in the House by a wide…

Stocks making the biggest moves premarket: Advance Auto Parts, SoFi, Twilio and more

Check out the companies making headlines in premarket trading. SoFi — The financial services platform added nearly 7%. A deal…

Former Fed Chair Ben Bernanke says there’s more work ahead to control inflation

WASHINGTON — Former Federal Reserve Chair Ben Bernanke, who guided the central bank and the U.S. economy through the Great…

JPMorgan rejects claim that Dimon and Staley discussed Epstein: ‘We believe this is false’

JPMorgan Chase on Wednesday rejected allegations cited in a new report that CEO Jamie Dimon over years discussed the bank’s…

Stocks making the biggest moves midday: Intel, C3.ai, Advance Auto Parts, HP and more

Check out the companies making the biggest moves midday. Intel — Shares popped 4.83% after the chipmaker’s finance chief said…

How the A.I. explosion could save the market and maybe the economy

A blockbuster profit report Wednesday from Nvidia crystallized an important point for both markets and the economy: For better or…

DOJ sues son of West Virginia Gov. Jim Justice and his coal empire over millions in unpaid fines

The Department of Justice on Wednesday accused the son of West Virginia Gov. Jim Justice and 13 coal companies the…

The ‘great resignation’ — a trend that defined the pandemic-era labor market — seems to be over

During the past year, the rate at which Americans quit their jobs has steadily declined from a record high back…

A U.S. recession would be ‘good news’ for markets, strategist says

A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder…

JPMorgan’s Dimon says other execs at the bank could have booted Epstein when he was a client

JPMorgan Chase CEO Jamie Dimon testified last week that top bank executive Mary Erdoes and the firm’s then-head lawyer had…