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JPMorgan Chase CEO Jamie Dimon warned that while the U.S. economy is being driven by both consumer spending and business investment, there are five economic threats that may challenge that growth.Dimon's comments were included in JPMorgan's quarterly earnings release last week, which noted the nation's largest bank missed Wall Street analysts' profit expectations."The U.S. economy continued to be fueled by strong business investment and ongoing consumer spending," Dimon said."However, large […]

The Treasury Department has identified approximately $270 million in suspicious financial activity potentially linked to fraud targeting federal student aid programs, the agency told FOX Business exclusively.Treasury’s Financial Crimes Enforcement Network (FinCEN) has referred the findings to federal investigators for further review. The referrals are part of the Trump administration’s broader effort to combat fraud and protect taxpayer dollars."Federal student aid is intended to expand educational opportunities, not line the […]

United Airlines CEO Scott Kirby is calling for a national wealth tax and inheritance taxes approaching 100% for certain estates, arguing that growing wealth inequality poses a threat to American society.Kirby made the remarks when asked about declining public trust in corporate executives during an interview with The New York Times."Wealth inequality has become a danger to our society, and we need to address that," Kirby told the outlet in […]