Bloomberg Amazon’s Prime Day gives shoppers an opportunity to flex their deal-spotting muscles ahead of Black Friday. It also gives package thieves their own chance to warm up. Although the weeks between Thanksgiving and Christmas see far more parcel deliveries—and therefore, more brazen from-the-stoop thefts, Prime Day’s limited 48-hour window creates a concentrated opening for “porch pirates” to make their ...

Bloomberg JPMorgan Chase & Co was hit by the Federal Reserve’s about-face on interest rates in the second quarter, warning that lending income will fall in the second half. The largest US bank cut its full-year outlook for net interest income — revenue from customers’ loan payments minus what the bank pays depositors — by $500 million. NII accounted for ...

Bloomberg Facebook Inc won’t launch Libra, the controversial cryptocurrency it’s planning to build with dozens of partner firms, until regulators’ concerns are fully addressed, according to the company’s top executive on the project. David Marcus, who will appear before members of both houses of US Congress to discuss the project this week, said Facebook will also get ‘appropriate approvals’ before ...