The nation’s biggest bank recently promoted two possible successors, lost one longtime contender, and handed out $100 million in retention awards.

Over two decades at JPMorgan, Troy Rohrbaugh earned a reputation as a shrewd risk manager. Now he’ll go from investing banking to running the bank’s sprawling consumer operation.

JPMorgan Chase said Thursday that the company is undergoing a major reshuffling of top management under CEO Jamie Dimon, in the latest twist to the succession saga at the country'

JPMorgan Chase promotes Doug Petno and Troy Rohrbaugh to copresidents, positioning them as potential successors to the bank’s longtime CEO Jamie Dimon

U.S. oil futures climbed back above $70 a barrel in late trading after the U.S. launched a fresh attack on Iran a day after Tehran struck a ship in the Strait of Hormuz.

The U.S. launched retaliatory strikes on Iran after Iranian forces hit a vessel in the Strait of Hormuz on Thursday. President Trump called the attack a "foolish violation" of the ceasefire between nations.

FOX Business reports Iran's Islamic Revolutionary Guard Corps attacked a Singapore-flagged cargo ship with a drone in the Strait of Hormuz. Crude oil and Brent crude prices jumped.

The oil tankers, led by the Stoic Warrior vessel, sailed along the coast of the United Arab Emirates and then Oman on Thursday morning.

Adding SpaceX this quickly would make the Elon Musk company one of the first beneficiaries of Nasdaq's recently adopted fast-track inclusion framework.

Quick ReadSpaceX's Nasdaq-100 addition on July 7 forces billions in automatic passive fund buying, but mechanical demand doesn't reflect underlying business value.Lockup expiration, a $60 billion all-stock acquisition,

SpaceX, the space venture of Tesla CEO Elon Musk, will be added to the Nasdaq-100 Index less than a month after its initial public offering. According to Reuters on the 27th, Nasdaq announced through a disclosure that SpaceX will be included in the Nasdaq-100 Index starting July 7.

SpaceX’s post-IPO swings pushed Musk back below $1 trillion. The line may keep moving. Elon Musk is no longer a trillionaire—for now. The founder is back below $1 trillion, less than two weeks after SpaceX’s public-market debut briefly pushed his paper fortune past the mark.

First of all, the Minneapolis Fed president, who is a voting member of the Fed’s interest-rate committee this year, said he wasn’t sure the fragile cease-fire with Iran would

The 2-year Treasury note yield moved lower on Friday as Minneapolis Fed President Neel Kashkari said he expects one rate hike will be needed this year.

Minneapolis Fed President Neel Kashkari said geopolitical risks and inflation uncertainty led him to project one interest-rate hike this year.

Minneapolis Federal Reserve president Neel Kashkari said Friday he has penciled in one interest rate hike by the end of the year amid the build-out of AI infrastructure.

The S&P 500 finished nearly flat and slipped less than 0.1% to close out just its second losing week in the last 13. The Dow Jones Industrial Average dipped 44 points, or 0.1%, and the Nasdaq composite fell 0.

AI stocks are veering back down the roller coaster and pulling Wall Street behind them. The S&P 500 fell 0.6% early Friday and is heading for just its second losing week in the last 13. The Nasdaq composite,

The S&P 500 ended marginally lower today, with a steep drop in AI-related chip stocks and sharp gains in Moderna and other healthcare stocks.

AI stocks are veering back down the roller coaster and pulling Wall Street behind them. The S&P 500 fell 0.6% Friday, and the Nasdaq composite skidded 1%. The Dow Jones

What you need to know about new changes to social security benefit payments

Social Security benefits are calculated using a worker’s 35 highest-earning years, a formula that penalizes anyone w

July Social Security checks are set to go out to recipients on a regular schedule next month, even with the Fourth of July holiday. The Social Security Administration pays its benefits on Wednesdays.

While claiming benefits early provides immediate income, the long-term reduction in monthly payments often results in significantly less lifetime income for most retirees.