Catching up on the business news of the week, from a reality check in the markets to Europe to the London Whale.

Looking back at the week's business news, from the London Whale to President Obama's remarks on housing and the economy.

Wrapping up the week's news of Fabrice Tourre's securities fraud verdict, the July jobs report and who might take over the Federal Reserve next.

The battle for the next head of the Federal Reserve has heated up amid charges of sexism.

JPMorgan Chase and Wells Fargo reported higher profits, after a quarter in which interest rates rose sharply.

The Labor Department's latest jobs report shows 195,000 jobs added to the economy, and unemployment steady at 7.6 percent.

U.S. mortgage rates jump to their highest level since July 2011, following comments from Federal Reserve chairman Ben Bernanke.

The Fed chairman spoke about quantitative easing on Wednesday, and the possibility of tapering, and the markets reacted.

The ten-year T-note is above two percent, but some are concerned this might mean the end of quantitative easing in the near future.