Jul 9, 2012 Today the aluminum company Alcoa kicks off America's quarterly corporate earnings season. Markets are bracing for disappointing numbers which may last through the Summer and Fall.
Jul 9, 2012 After the markets close today, everybody on Wall Street will be waiting to hear from the big aluminum producer Alcoa. The company's earnings are likely to give us clues about a lot more than metal.
Jul 5, 2012 Amidst glimpses of positive economic indicators, dismal consumer confidence continues as retail sales figures are down for chain stores in June.
Jun 29, 2012 The Office of the Comptroller of the Currency is flexing its regulatory muscle and wants to review JPMorgan's risk models.
Jun 28, 2012 Although originally estimated at about $2 billion, the total losses from JPMorgan's botched trade in derivatives could -- in a worst case scenario -- reach upwards of $9 billion, according to the New York Times.
Jun 13, 2012 The CEO of JPMorgan has been summoned to Capitol Hill today. According to his prepared remarks, Dimon will apologize, saying he feels "terrible" about the $2 billion blunder.
Jun 13, 2012 The JPMorgan Chase CEO testifies before the Senate Banking Committee today, trying to convince Congress that more bank regulation isn't needed, even after his company's $2 billion trading loss.
Heidi N. Moore
Jun 13, 2012 JPMorgan CEO Jamie Dimon apologized for not doing a better job supervising trades that lost his bank billions. Dimon emphasized that while bank shareholders lost money, their clients and taxpayers did not.
Jun 13, 2012 Sixteen senators from the Senate Banking Committee have taken campaign contributions from JPMorgan's political action committee. We called them for comment.