JPMorgan Chase is facing a new law suit: civil fraud charges in New York state, over mortgage-backed securities. How does this case differ from potential criminal charges?
Janitors who clean the offices of some of the world's richest corporations in this Texas city are among the lowest paid in the country. They have been on strike this summer trying to raise the definition of a low-level wage.
Global markets are down about a percent this morning after the rating agency Moody's downgraded the credit ratings of 15 of the largest banks in the world. Among them, European institutions -- but also big American banks like JP Morgan Chase and Bank of America.