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JPMorgan Paying $920M in London Whale Case
JPMorgan Paying $920M in London Whale Case
JPMorgan Paying $920M in London Whale Case
JPMorgan Chase & Co. is paying $920 million in penalties and admitting wrongdoing over a $6 billion trading loss last year that tarnished the bank's reputation. Regulators say that weak oversight at the largest U.S. bank enabled traders in its London operation to assign inflated values to trades and cover up losses as they ballooned. Th...
Stocks Open Higher After Hitting All-Time High
Stocks Open Higher After Hitting All-Time High
Stocks Open Higher After Hitting All-Time High
The stock market is opening higher after setting a record high the day before. Major stock indexes moved further into record territory shortly after the market opened Thursday. The Dow Jones industrial average rose 11 points to 15,688...
Futures Down After 2 Days of Consecutive Gains
Futures Down After 2 Days of Consecutive Gains
Futures Down After 2 Days of Consecutive Gains
U.S. futures are falling after two consecutive days of solid gains, with the Standard & Poor's index headed for its strongest weekly percentage increase since mid-July. Dow Jones industrial futures are down 4 points to 15,169. S&P futures have lost 2.2 point...
Futures Rise on Promising Data from Asia
Futures Rise on Promising Data from Asia
Futures Rise on Promising Data from Asia
U.S. stock futures are rising on some promising economic data out of Asia. Dow Jones industrial futures are up 36 points to 14,945. S&P futures have added 4.5 points to 1,658. Nasdaq futures are up 15.5 points to 3,145.
US Stock Futures Edge Up Ahead of Jobs Report
US Stock Futures Edge Up Ahead of Jobs Report
US Stock Futures Edge Up Ahead of Jobs Report
U.S. stock futures are higher ahead of the government's August unemployment report,which could have a big influence on whether the Federal Reserve starts to reduce its monthly bond purchases later this month.

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