Latest Headlines
A Department of Justice settlement with JPMorgan Chase could result in a fine of more than $11 billion, sources told The Wall Street Journal.
Home prices rose from June to July, a government agency and a private firm reported Tuesday.
UPI Almanac for Tuesday, Sept. 24, 2013.
Easy money is a painkiller, not a cure.
Authorities are prepared to fine U.S. bank JPMorgan Chase more than $700 million in response to $6 billion in trading losses, sources told The New York Times.
Former Treasury Secretary Hank Paulson said Sunday the financial crisis in 2008 could have been as bad as the Great Depression.
The U.S. economy grew at an annual rate of 2.5 percent in the second quarter of 2013, the Commerce Department said Thursday in the second of three estimates.
Rising prices drove the U.S. Federal Housing Finance Agency House Price Index up 2.1 percent in the second quarter of 2013, its eighth straight quarterly gain.
The former U.S. government-sponsored financial firm known as Sallie Mae said regulators would soon accuse the firm with overcharging for student loans.
President Obama said Saturday it's time to create a better bargain for "responsible, middle-class homeowners" now that the U.S. housing market is rebounding.
