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JPMorgan's Growing Loss Shakes Investor Faith
Traders who made calamitous bets on corporate debt have cost JPMorgan Chase nearly $6 billion so far. The bank announced the losses on Friday but said the firm still managed to earn $5 billion in the second quarter. But the impact of the trading loss goes far beyond the bottom line.
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•
3:33
JPMorgan Chase To Pay Huge Fine In London Whale Settlement
JPMorgan Chase has agreed to pay regulators more than $900 million in fines over last year's London Whale trading fiasco. A handful of rogue traders at the bank lost more than $6 billion in a bad derivatives trading strategy. The traders then concealed the losses from senior executives for weeks. JPMorgan also formally admitted wrongdoing in the settlement with four different regulators.
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3:42
Impeachment Trial: From Democrats' Dramatic Video To Trump's Lawyers Fighting Back
The first day of former President Donald Trump's second impeachment trial began with a dramatic video of Jan. 6, as Trump's lawyers argued the Senate has no jurisdiction to take up the case.
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3:28
Novak Djokovic wins the U.S. Open, taking his 24th Grand Slam title
Djokovic, a 36-year-old from Serbia, moved one major singles title in front of Serena Williams to become the first player to win 24 in the Open era, which began in 1968.
LeBron and Bronny James play together for first time in preseason game for the Lakers
LeBron James and his son, Bronny, are the first father and son to play in any NBA game at the same time, let alone on the same team.
The queens of March Madness: Notre Dame's Freshman floor general Hannah Hidalgo
As America waits for the kickoff of the Men's and Women's NCAA Tournaments, NPR's providing listeners with mini profiles of talented players leading their teams into the tournamen.
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2:22
Trump, Pompeo, Esper Defend Killing Of Soleimani; Iranians Vow Revenge
The president and some of his top lieutenants stated and restated on Tuesday that they feared a new attack was imminent and that they were justified in hitting the Quds Force leader.
Possible government shutdown looms. And, tips to help with seasonal depression
Possible holiday government shutdown looms as President-elect Donald Trump and advisers like Elon Musk object to bipartisan spending bill. And, simple ways to help with seasonal depression.
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15:16
The U.S. has a 'primary problem,' say advocates who call for new election systems
There's a lot of discontent with America's political system, including with party-based primary elections. So reform advocates are urging states to move to nonpartisan primaries.
Review Of Capitol Riot Urges More Police, Mobile Fencing
An insurrection task force directed by House Speaker Nancy Pelosi says U.S. Capitol Police need more support to address security weaknesses. The review was led by retired Lt. Gen. Russel Honoré.
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