In addition to all of its other problems, Ukraine is also at the center of an increasingly messy energy situation.
The House of Representative passed a one-year extension to the United States’ debt limit on Tuesday evening.
I’ve said it before, and even though I’ve been threatened, in not so subtle ways, and been warned not to piss off certain people in power, I’m going to keep on saying it:
JPMorgan (NYSE: JPM) is a criminal enterprise.
There were 55 tax breaks that expired when the clock struck midnight on New Year’s Eve that will affect millions of American businesses and individuals.
Today (Tuesday), a federal judge ruled that Detroit is eligible for protection under Chapter 9 of the U.S. Bankruptcy Code, making the Detroit bankruptcy official. This is the biggest municipal bankruptcy in U.S. history.
The JPMorgan Chase & Co. (NYSE: JPM) $13 billion settlement finalized Tuesday tops the list of the biggest corporate fines ever in the United States.
Best Buy Co. Inc. (NYSE: BBY) and Toys “R” Us Inc. are the two latest retailers to announce that they will open their doors on Thanksgiving. Other retailers like Target Corp. (NYSE: TGT) have expanded their “Black Friday” hours this year.
If you want more evidence that the U.S. stock market is disconnected from the actual economy, you only need to look at its performance during the third-quarter earnings season.
This week, JPMorgan Chase & Co. (NYSE: JPM) agreed to a tentative $13 billion settlement over a government investigation into faulty mortgage loans the company sold to investors.
What most investors don’t realize is that the company has been involved in 10 other settlements in the last two and a half years. Here’s a rundown of JPMorgan’s bad behavior since 2011.
The $13 billion settlement between JPMorgan Chase & Co. (NYSE: JPM) and the federal government shocked markets this week, as the fines would be a record paid by a Wall Street institution.
According to reports, the sum will amount to approximately half of the company’s 2012 profits.