| Oct 2, 2013
| 4:26 PM
WASHINGTON — To Wall Street, the partial government shutdown is another unfortunate economic speed bump caused by partisan political fighting.
Failure to raise the debt limit, triggering a first-ever federal default, would be a brick wall on the...
| Sep 19, 2013
| 4:23 PM
Within hours Thursday, various federal banking regulators announced that JPMorgan Chase Bank N.A. and Chase Bank USA N.A. had been fined about $1 billion and had repaid customers more than $300 million for incidents involving poor derivatives trading...
| May 8, 2013
| 11:03 AM
Jack Welch is throwing his support — such as it is — behind Jamie Dimon, the embattled leader of JPMorgan Chase & Co.
Dimon is scrambling to hang on to the chairmanship of his company in the aftermath of an embarrassing trading mishap by the...
| May 22, 2013
| 8:20 AM
WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke said Wednesday that the central bank could start scaling back its stimulus program in the next few months, but warned against acting too quickly and harming the still-weak economic recovery.
| May 22, 2013
| 6:34 AM
WASHINGTON — A top Federal Reserve official said Wednesday that a decision on reducing the central bank's unprecedented economic stimulus efforts still is three to four months away as policymakers first must determine if the recovery is strong...
| May 22, 2013
| 12:04 PM
WASHINGTON -- Some Federal Reserve officials said they were willing to start ratcheting back the central bank's stimulus program as early as June if the economic recovery strengthened further, according to minutes from their policy meeting three week ago....
| May 1, 2013
| 3:36 PM
NEW YORK -- There are many things to protest against in the world, and people rallying against a fair number of them took to one of New York’s iconic squares on May Day as part of nationwide rallies in celebration of the traditional workers holiday....
| Sep 24, 2012
| 4:32 PM
By Megan Crepeau Remember Jamie Dimon and his "London Whale" financial scandal? You know, the one where JP Morgan lost $6 billion, the one that CEO Dimon called a "tempest in a teapot?" Maybe that's not such an understatement after......
| Jul 12, 2013
| 7:14 PM
Wells Fargo & Co. booked a record $5.5 billion in profit during the second quarter despite a dramatic rise in mortgage rates and signs of a slowdown in its refinancing business.
The 19% year-over-year jump in earnings for the nation's largest home...
| Jun 18, 2013
| 9:17 PM
For all the mixed messages from the Fed and the uncertainty that has roiled financial markets recently, one thing looks very clear: The era of declining interest rates is over.
After three decades in which borrowing costs for Americans have pretty...
| May 17, 2013
| 5:51 PM
NEW YORK — A major shareholder vote next week has Wall Street abuzz over the power and future of Jamie Dimon, leader of the country's biggest bank.
As chairman and chief executive of JPMorgan Chase & Co., Dimon burnished his reputation by steering...
| May 15, 2012
| 8:01 AM
TAMPA, Fla. — Investors at the JPMorgan shareholder conference are concerned with the bank's recently disclosed $2-billion loss and 12% plunge in their stake in the bank.
"When you are 94 years old, you don’t want to see any of your...