The new bill is estimated to add $3.8 trillion to the U.S. government's $36.2 trillion in debt over the next decade. Credit rating firm Moody's last week stripped the U.S. government of its top-tier credit rating over the mounting national debt.

JPMorgan has been in growth mode for several years. With market volatility and the rise of AI, leaders want to get more from less.

JPMorgan Chase (JPM) has developed a tense relationship with some of its employees after it decided to scale back remote work. In March, the company’s new return-to-office mandate went into effect. This mandate requires employees to work in the office five days a week instead of three or four.

US banks, including JPMorgan and Citigroup, pursue a joint stablecoin project to modernize payments and compete in the crypto space.

The launch comes after JPMorgan Chase Chief Executive Jamie Dimon said in his most recent annual letter to shareholders that investors face “the most perilous and complicated geopolitical and economic environment” since 1945.

Jim Cramer breaks down why he's keeping an eye on shares of JPM. Nasa warns of huge solar flares causing blackouts on Earth Keke Palmer: Living below my means is 'incredibly important' to me—'if I have $1 million in my pocket, my rent is going to be $1,500'

The largest US lender also said it might earn more from interest payments this year despite decline in the second quarter on Monday.

JPMorgan Chase & Co. has moved its local headquarters out of Minneapolis' downtown core to the North Loop. It also appointed a new commercial banking region manager for the Upper Midwest.

JPMorgan Chase has agreed to lend more than $7 billion to the firms building OpenAI’s giant artificial intelligence data center campus in Abilene, Tex., according to two people with direct knowledge of the deal.