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JPMorgan Chase CEO Jamie Dimon on Thursday warned that a potential recession could still occur as turmoil from the Trump administration's tariffs weighs on the economy.Dimon attended the firm's annual Global Markets Conference and said in a Bloomberg Television interview that he's hopeful the economy will dodge a recession, but that it remains a possible outcome."Hopefully we'll avoid it, but I wouldn't take it off the table at this point," Dimon said. […]

Ford is recalling 273,800 Expedition and Lincoln Navigator SUVs in response to a potential issue that could make their brakes defective.The recalled Ford Expedition and Lincoln Navigator vehicles are from model years 2022-2024, according to a recall report the automaker submitted to the National Highway Traffic Administration (NHTSA).In the recalled SUVs, the front brake lines "may be in contact with the engine air cleaner outlet pipe," something that could cause the […]

The state of California approved State Farm's request for a double-digit increase in home insurance premiums to help the insurer deal with financial challenges following the wildfires that devastated communities near Los Angeles in January.California Insurance Commissioner Ricardo Lara on Tuesday adopted a proposed court order that will allow State Farm to move ahead with a 17% interim homeowners insurance rate increase in the state. That's less than the insurer's initial […]