JPMorgan Chase unveiled a plan to hire bankers and invest up to $10 billion in U.S. companies considered critical to national security and economic resilience.
Read More JPMorgan to invest up to $10 billion in US national security as part of $1.5 trillion pledge
Treasury Secretary Scott Bessent tapped Social Security Administration (SSA) Commissioner Frank Bisignano to serve as the CEO of the Internal Revenue Service (IRS).
Read More Bessent taps Social Security Commissioner Frank Bisignano to serve as IRS CEO
The State of New York, being represented by New York Attorney General (AG) Letitia James, is now suing the parent company of the digital payment app Zelle.
Read More N.Y. sues Zelle parent company, accusing it of ‘catastrophic’ consumer fraud
The $6.1 billion sale of the Boston Celtics to William Chisholm and partners is expected to close within the next two weeks.
Read More Report: Celtics’ $6.1B sale expected to close within two weeks
Bank of America topped estimates for first-quarter profit as interest income grew and volatile markets helped its stock traders rake in a record haul.
Read More BofA stock surges after boosting profit on trading gains, interest income
The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.
Read More Nasdaq falls over 3% to six-month low on growth concerns