Jay Powell gives an economic warning ahead of Senate hearing alongside Steve Mnuchin. Tesla to be added to S&P 500 in one single step. Thousands of jobs are at risk after UK's biggest department store closes permanently.

Published: Dec. 1, 2020, 7:59 p.m.

Alison Kosik is live from New York. Here are the top business news stories today! "Extraordinarily uncertain" - Jay Powell gives an economic warning ahead of today\u2019s Senate hearing alongside Steve Mnuchin. Tesla in transit! Tesla to be added to S&P 500 in one single step. The collapse of Debenhams and Arcadia - thousands of jobs are at risk after UK's biggest department store closes permanently. It\u2019s Tuesday, let\u2019s make a move.\nTo learn more about how CNN protects listener privacy, visit cnn.com/privacy\nLearn more about your ad choices. Visit megaphone.fm/adchoices