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A collection of news and information related to JPMorgan Chase & Co. published by this site and its partners.
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Don't blame computers; blame humans
Economist Paul Krugman has questioned whether the economic malaise of the last five years could correctly be labeled as “the Excel Depression.” The short version of this theory is that a spreadsheet coding error led a couple of respected...
Tags: Mutual Funds, Housing and Urban Planning, Interior Policy, Economy, Business and Finance, Politics
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Foreclosure victims might reap windfall
arnoldp@herald-mail.comNancy Shulley received a letter about a year ago that she thought might be junk mail, but, just in case, she put it in a desk drawer and eventually sent a reply. Good thing she did. Now, the Hagerstown woman’s letter might be the ticket to her...Tags: Citigroup Incorporated, Companies and Corporations, Clarence Thomas, Crime, Law and Justice, Frederick (Frederick, Maryland)
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Business Briefs - Oct. 21
Cornerstone Wealth Management Group The advisers at Cornerstone Wealth Management Group, a Hagerstown-based independent investment and wealth-management firm, recently announced their affiliation with CWM LLC, a U.S. Securities and Exchange Commission-...Tags: Earnings, Economy, Business and Finance, Financial and Business Services, Companies and Corporations, Wells Fargo & Co.
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Fed to spend $40 billion a month on bond purchases
The Federal Reserve unleashed a series of bold and open-ended steps Thursday to stimulate the economy by making it cheaper for consumers and businesses to borrow and spend. The Fed said it will spend $40 billion a month to buy mortgage bonds for as...
Tags: Politics, Mitt Romney, Elections, European Central Bank, Labor Markets
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Moody's cuts credit ratings of 15 major banks
Moody’s Investors Service lowered the credit ratings of 15 the world’s largest banks late Thursday, including Bank of America, JPMorgan Chase and Goldman Sachs, saying their long-term prospects for profitability and growth are shrinking....
Tags: Goldman Sachs Group, Inc., Ratings, Economy, Business and Finance, Spain, Finance
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Martinsburg workshop aims to help those struggling with mortgages
matthew.umstead@herald-mail.comHomeowners struggling with their mortgages can learn about help that is available at a “Project: Save Our Homes” workshop today in Martinsburg. Residents should bring all of their home mortgage-related documents to today’s workshop,...Tags: Citigroup Incorporated, Financial and Business Services, Crime, Law and Justice, Wells Fargo & Co., Mortgages
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It takes talent to lose $2 billion
“We are going to pay competitively; we need top talent, you cannot run this business on second-rate talent.” — JPMorgan Chase CEO Jamie Dimon It probably does take top talent. I doubt most of us could lose $2 billion if we tried. So...Tags: Economy, Business and Finance, Banking, Companies and Corporations, Investments, Jamie Dimon
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U.S. economy adds 120,000 jobs, jobless rate at 8.2 percent
AP Economics WriterThe U.S. job market slowed in March as companies hit the brakes on hiring amid uncertainty about the economy’s growth prospects. The unemployment rate dipped, but mostly because more Americans stopped looking for work. The Labor Department said...Tags: Marketing, Politics, Unemployment Benefits, Companies and Corporations, Mitt Romney
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West Virginia Attorney General to open consumer-protection services office in Martinsburg
West Virginia Attorney General Darrell McGraw said Friday that he expects to open a Martinsburg regional office next month to provide area residents with consumer-protection services — including possible financial relief through a $25-billion...Tags: Citigroup Incorporated, Fraud, Financial and Business Services, Consumers, Corporate Crime
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One of the highest paid bank CEOs says newspaper pay is 'outrageous'
I would like to thank JPMorgan Chase CEO Jamie Dimon for attacking an urban legend that’s bothered me severely over the course of my 30-year career: The myth of the underpaid journalist. I know that it’s easy to look at a newspaper reporter,...Tags: Arts and Culture, Newspaper and Magazine, Journalism, Career and Workplace, American International Group
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Bad behavior has a long history in the U.S.
History coughs up plenty of precedent for modern bad behavior. Politics is dirty today, but not as dirty as it was through much of the 19th century. Business is diabolically heartless today — often at the expense of the average person — but no...Tags: Accounting and Auditing, The New York Times, Insider Trading, Economy, Business and Finance, Politics
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Collecting ¿ Where to put it all?
By Elizabeth Johns Special to The Herald-Mail Almost everyone collects something. As a famous book collector once said: "After love, book collecting is the most exhilarating sport of all." Few of us collect books, but many enjoy the exhilaration...Tags: Literature, Ty, Inc., Education, Hagerstown (Washington, Maryland), University of Pennsylvania
Apr 27, 2013
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Jan 12, 2013
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Oct 21, 2012
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Sep 13, 2012
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Jun 21, 2012
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May 16, 2012
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May 19, 2012
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Apr 6, 2012
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Mar 16, 2012
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Mar 7, 2012
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Aug 20, 2011
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Jul 15, 2011
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