iOS app Android app

Jp Morgan Chase

Why Big Banks Are Still Reporting Huge Profits (and What You Can Do)

Tim Chen | Posted 12.20.2011 | Business
Tim Chen

Revenue doesn't just materialize out of thin air: people provide it. So, if you don't like the way a bank does business, don't do business with them at all, and don't limit your message to your checking account.

Report: Officials Working With Banks On Mortgage Refinancing Plan

Posted 12.18.2011 | Business

Officials and big banks are working on a plan that would make refinancing available to some borrowers whose houses are worth less than their loans...

The Sting: Social Biomimicry and The Role of Fraud in Nature

Kenny Ausubel | Posted 12.17.2011 | Green
Kenny Ausubel

Nature is sending us extravagant distress signals these days. We'd better get really good really fast at reading her mind. The stakes are too high to keep drinking the collective Kool-Aid.

Janell Ross

Occupy The Hood Aims To Draw People Of Color To Occupy Wall Street | Janell Ross | Posted 12.14.2011 | Black Voices

A flier distributed after Wednesday night's General Assembly meeting in Zuccotti Park read like a manifesto issued by the Black Panthers, the Young Lo...

JPMorgan Chase To Lay Off 1,000 Over 18 Months

Posted 10.13.2011 | Business

(Reuters) - JPMorgan Chase & Co's quarterly earnings fell 25 percent, excluding an accounting gain, as European financial turmoil reduced demand f...

After Fee Announcements, Banks Offer Best Customers Cheap Cash

The Huffington Post | Jillian Berman | Posted 12.12.2011 | Business

As big banks ratchet up fees on once-free checking accounts, they’re looking to entice some of their most credit-worthy customers to take on more de...

Saki Knafo

Occupy Wall Street: The "Millionaires March" | Saki Knafo | Posted 12.11.2011 | New York

In an effort to draw attention to economic policies that favor the rich, a few hundred protesters took a tour of the luxury apartment buildings and to...

Major White House Official Says He Won't Stay Past 2012

The Huffington Post | Luke Johnson | Posted 12.11.2011 | Politics

White House Chief of Staff Bill Daley told NBC Chicago Monday that he will not stay past President Barack Obama's re-election. "I made a commitment to...

The Big Banks Lose Control of the Optics

Joseph A. Palermo | Posted 12.06.2011 | Business
Joseph A. Palermo

If the feds under Reagan could prosecute a couple of corrupt high rollers on Wall Street, why can't they do it under Obama?

Banks Cheated Vets Out Of Millions, Lawsuit Claims

AP | By GREG BLUESTEIN | Posted 12.05.2011 | Impact

By GREG BLUESTEIN, Associated Press ATLANTA -- A whistleblower lawsuit launched in 2006 and unsealed Tuesday in federal court in Atlanta claims sever...

Low On Cash? Stay Away From These Five Cities

The Huffington Post | Jillian Berman | Posted 11.27.2011 | Business

Note to those low on cash: Stay away from Denver. At $2.75, the mile-high city has the highest average ATM fee of any place in the country, 35 cen...

Wells Fargo Sues JP Morgan Over Hundreds Of Mortgage Loans

Posted 11.15.2011 | Business

JPMorgan Chase & Co (JPM.N) was sued by Wells Fargo & Co (WFC.N), which seeks to force it to buy back more than 800 soured mortgage loans that it ...

The Debit Is in the Details

Len Hollie | Posted 11.06.2011 | New York
Len Hollie

In August, the Federal Reserve imposed a cap on the fees banks can charge retailers every time customers swipe their debit cards. Why is that important? In addition to banks, consumers may be the biggest losers.

The Freedom of Martin Luther King Jr.

John Fullerton | Posted 10.30.2011 | Green
John Fullerton

Dr. King spoke of two types of freedom -- one from "chains of discrimination" and one from "a lonely island of poverty in the midst of a vast ocean of material prosperity." Somehow his first message has been taken to heart while his second has been forgotten.

JPMorgan Repurchases Soldier's Home Same Day He Returns From Iraq

The Huffington Post | Harry Bradford | Posted 10.11.2011 | Business

In America today, even men and women returning from war can't expect their families to be exempt from the foreclosure crisis. On the same day that ...

JPMorgan CEO: S&P Downgrade 'Just An Opinion'

The Huffington Post | Harry Bradford | Posted 10.10.2011 | Business

Amidst downgrades, debt crises and declining stocks, one of Wall Street's biggest names is keeping it cool. On Wednesday, Jamie Dimon, CEO of JPMo...

How Banks Are Using Bulldozers To Minimize The Foreclosure Glut

TIME | Stephen Gandel | Posted 10.01.2011 | Business

Banks have a new remedy to America's ailing housing market: Bulldozers. There are nearly 1.7 million homes in the U.S. in some state of foreclosure...

Legalized Loan Sharks

Don McNay | Posted 09.28.2011 | Business
Don McNay

"Financial reform" is a boon for people in the payday loan business. When people fall out of the world of traditional banking, they are still going to need bank-like services. Payday lenders will be in position to fill the gap.

Bank May Face Class-Action Suit From Customers For Overdraft Fees

The Huffington Post | Alexander Eichler | Posted 09.27.2011 | Business

In 2003, the San Francisco-based Union Bank adopted a new practice that allowed it to begin charging its customers more overdraft fees. Now, the custo...

Breakup Of Mega-Banks May Now Be A Feasible Option

The New York Times | Jesse Eisinger | Posted 09.26.2011 | Business

What was made can be unmade. JPMorgan Chase and Wells Fargo may have venerable names, but they and the pseudo-venerable Citigroup and Bank of Ameri...

The Shameful Murder Of Dodd-Frank

Robert Reich | Posted 09.19.2011 | Business
Robert Reich

The sad lesson of Dodd-Frank is that Wall Street is too powerful to allow effective regulation of it. The only answer left is to break up the giant banks with antitrust action.

JPMorgan CEO Jamie Dimon Predicts Default Could 'Severely Damage' U.S.

AP | By PALLAVI GOGOI | Posted 09.13.2011 | Business

NEW YORK -- JPMorgan Chase & Co. CEO Jamie Dimon says a U.S. default would be catastrophic for the U.S. and the global economy. Speaking with journal...

Big Banks Easing Terms on Loans Deemed as Risks | DAVID STREITFELD | Posted 09.02.2011 | Business

As millions of Americans struggle in foreclosure with little hope of relief, big banks are going to borrowers who are not even in default and cutting ...

JPMorgan Report: Tax Holiday Would Pack 'Bigger Punch' Than Fed Policies

The Huffington Post | Alexander Eichler | Posted 08.30.2011 | Business

This post has been corrected. Thomas Lee, chief equity strategist at JPMorgan, would really, really like a tax repatriation holiday. Lee release...

A Billion Dollar Blunder?

Dan Rather | Posted 08.30.2011 | Business
Dan Rather

What if you made a 1.5 billion dollar mistake and couldn't take it back? According to recently unearthed court documents, one of the world's most prestigious law firms may soon face this question.