| Jul 30, 2013
| 8:46 PM
If you take our federal and state energy authorities at their word, you just might be convinced that the $410-million penalty dropped Tuesday on JPMorgan Chase for manipulating energy markets in California and the Midwest is a big deal.
| Jul 10, 2012
Why aren't more people furious about the LIBOR scandal?
That's a question mostly being asked on the political left these days, and they're right to ask it.
Here are the basics: Barclays is the second-largest bank in Britain and one of the largest in the...
| Apr 28, 2011
You've no doubt been hearing the harrowing warnings about what might happen if Congress refuses to lift the federal government's debt ceiling, as some conservative Republicans have threatened.
If the federal government gets anywhere near defaulting on...
| Oct 3, 2012
If you keep an eye on your 401(k), you might be among the cheerful Americans who told researchers in a recent Conference Board consumer confidence survey that they are feeling better about the economy and their future.
Rising stocks play a role in...
| Jul 24, 2013
As if rising interest rates weren't upsetting enough to individuals losing money in municipal bond funds, Detroit's bankruptcy has now intensified the sense of insecurity over munis.
When Detroit filed for Chapter 9 bankruptcy last week, it disrupted...
| Mar 13, 2013
The job market is on the mend, but it still seems to have a long way to go to lift a wide swath of Americans out of their frugal ways.
That is unless the surprisingly large job numbers that were reported for February are repeated month after month,...
| Nov 28, 2012
The darlings of cautious investors are sitting on the edge of the "fiscal cliff" and feeling twinges of tax anxiety.
Much to the surprise of some investors, dividend-paying stocks — sleepy investments like utilities — along with real...
| Nov 8, 2012
America is marching toward the fiscal cliff, and investors are on alert for the consequences of plunging from the peak.
Re-elected President Barack Obama and congressional leaders must decide in the next 54 days whether they are willing to ignore...
| Jul 23, 2013
| 6:29 PM
So much for the new, "tougher" Federal Energy Regulatory Commission.
FERC, as the agency is known, is in the process of negotiating a settlement with JPMorgan Chase & Co., the huge New York bank that has been accused of serial frauds against...
| Jul 19, 2013
| 7:41 AM
It's another upbeat sign for the housing market.
In 2009, Wells Fargo invited 16,000 financially struggling Chicago-area mortgage customers to its first local workshop aimed at helping people save their homes from foreclosure.
Last year, 14,000...
| Nov 20, 2013
For those savoring these sweet moments of stock market bliss, brace yourselves.
Wet blankets are starting to fly — with skeptics of the stock market insisting that the joy of 26 percent gains in the Standard & Poor's 500 can't last. They say...