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.

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’s 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’s Tuesday, let’s make a move.

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