JPMorgan Chase CEO Jamie Dimon issued a warning that some of the conditions in financial markets are reminding him of the years leading up to the 2008 financial crisis. “Unfortunately, we did see this in ’05, ’06, ’07, almost the same thing,” Dimon said Monday in remarks at JPMorgan Chase’s annual investor…

Even as higher-end department stores struggle, off-price retail is thriving, showing that Americans are still spending, just more selectively. TJX Companies – which owns TJ Maxx, Marshalls and HomeGoods – blew past Wall Street expectations in its fourth quarter earnings report Wednesday morning.Sales surged 9% year-over-year to $17.7 billion in…

The Food and Drug Administration announced Tuesday a recall of bags of certain dog treats over concerns about potential salmonella contamination. Elite Treats, based in Florida, issued a recall of a single lot of 6-ounce bags of Elite Treats Chicken Chips for Dogs, according to the FDA.The recalled bags have…

Consumer confidence ticked higher in February as American households’ expectations for the labor market improved. The Conference Board’s consumer confidence index rose 2.2 points to 91.2 in February from an upwardly revised 89 in January. The January data was initially reported as 84.5, the lowest level since May 2014.Economists polled…

Spirit Airlines announced Tuesday that it reached a deal with lenders that will allow it to exit bankruptcy by the late spring or early summer. The low-cost carrier filed for its second bankruptcy in August 2025 amid mounting losses and dwindling cash reserves. Spirit first filed for Chapter 11 bankruptcy protection…

Lamborghini will cancel its plan to release an electric vehicle in 2028 due to what the company is calling a lack of consumer demand. Lamborghini CEO Stephan Winkelmann spoke with The Sunday Times in an interview and said the EV will no longer join its lineup after the company’s analysis found…

Novo Nordisk on Tuesday announced plans to cut the list price of its popular diabetes and weight-loss drugs Ozempic and Wegovy by as much as 50% in the U.S. next year. The Danish drugmaker indicated the price cuts will be effective on Jan. 1, 2027, and the timing will coincide with…

Public Storage is relocating its headquarters from California to Texas, becoming the latest major corporation to shift its official base to the Lone Star State as it rolls out a leadership transition and long-term growth strategy. The S&P 500 self-storage real estate investment trust said its headquarters will move to…

A company that makes self-defense products has spent the last few years moving much of its manufacturing to the U.S. and is finding the benefits extend beyond having the ability to put a “Made in America” label on their products. Byrna Technologies, which makes non-lethal personal security devices that can…

FedEx sued the U.S. government Monday, seeking a full refund of tariffs assessed under President Donald Trump’s order targeting imports. The lawsuit is one of the highest-profile moves by a major American company following the Supreme Court’s 6-3 ruling Friday, which determined that the president did not have the authority…