JP Morgan CEO Jamie Dimon dubs losses 'egregious,' but market analysts expect that, this time, the damage will not spread to the entire financial system.
JP Morgan CEO Jamie Dimon dubs losses 'egregious,' but market analysts expect that, this time, the damage will not spread to the entire financial system.
The most popular beliefs as to what caused the U.S. mortgage crisis and subsequent economic collapse are wrong, according to a new study by the Boston Fed.
The most popular beliefs as to what caused the U.S. mortgage crisis and subsequent economic collapse are wrong, according to a new study by the Boston Fed.
Occupy Wall Street has big plans for May Day, including marches and strikes, but faces big challenges.
Occupy Wall Street has big plans for May Day, including marches and strikes, but faces big challenges: It is still largely decentralized, and has lost its hold on the support of the public.
Credit cards with gas rewards can be a big help in coping with high gas prices.
Credit cards with gas rewards can be a big help in coping with high gas prices. The most effective credit cards could save you $400 at the pump.
Postal bill averts 3,700 post-office closings for at least two years.
Postal bill averts 3,700 post-office closings for at least two years, but fails to address deeper, structural problems in how the postal service manages a vast operation.
Postal Service closings could mean longer lines and possibly slower delivery.
Postal Service closings could mean longer lines and possibly slower delivery. But the alternative to Postal Service closings would mean using tax money.
You might want to start preparing for retirement now.
Younger generations might want to start preparing for retirement now. Some things may not last that much longer
Electronics retail giant Best Buy has named the 50 stores it plans to close as it struggles in the face of tough competition from e-commerce giants such as Amazon.
New rules to provide consumers with greater protections in dealing with their mortgage servicers have been put forward by the Consumer Financial Protection Bureau.
Americans foresee, on average, gas prices at $4.75 a gallon within three months. They most blame the oil industry and Wall Street. But they expect politicians to act.
Known as HARP 2.0, the new rules for the government's Home Affordable Refinance Program are designed to make it easier for certain homeowners to refinance their mortgages.
The economic fallout from pink slime is just beginning.
A major beef processor has declared bankruptcy, citing the backlash against 'pink slime.' The economic fallout from pink slime is just beginning.
Take these 8 steps to manage owing more taxes than you can pay.
Harsh questioning from the Supreme Court majority has touched off new political calibrations over Obama's health-care law. In some ways, Democrats could be the winners.
U.S. home prices fell again in January, dropping to their lowest level since the housing crash occurred, according to the Standard & Poor's/Case-Shiller Home Price Indices.
Based on justices' questions during the Supreme Court health-care hearings, the fate of 'Obamacare' is in peril.
Gas prices jumped 5 cents a gallon last week on average, even as oil prices stabilized a bit. When gas prices reach $4 a gallon, motorists begin to change their habits.
If you've been thinking about buying a home, consider this: In virtually every city in America, it's now cheaper to buy a home than to rent.
The IRS has expanded its "Fresh Start" initiative to help struggling taxpayers who owe taxes. The following four tips explain the expanded relief for taxpayers.
Some underwater borrowers could see their mortgage balances reduced by an average of $100,000, thanks to an agreement between BofA and government officials.
After failing to implement debit card fees, the major banks are increasing existing fees and finding craftier ways to increase revenue.
One-third of Americans are in families that are having trouble paying for health care, a government report released Wednesday shows.
Only 5 percent of underwater homeowners are likely to qualify for mortgage principal reductions under the recent $25 billion foreclosure abuses settlement.
Here are four refundable tax credits you should consider to increase your refund on your 2011 federal income tax return.
Canceled debt is normally taxable, but there are exceptions, one of which is available to homeowners whose mortgage debt was partly or entirely forgiven from 2007-2012.
Doing away with the U.S. health care reform act's requirement that all Americans must have health insurance would not dramatically increase the cost of buying policies through new insurance exchanges, but would significantly reduce the number of people who get insurance.
Will you qualify for a piece of the $26 billion settlement to resolve claims against the nation's five largest mortgage lenders? Here are some of the details.
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