Trump sues JPMorgan Chase, Jamie Dimon for $5B, alleging "political" debanking
JPMorgan Chase says President Trump's lawsuit "has no merit."
Watch CBS News
JPMorgan Chase says President Trump's lawsuit "has no merit."
The agreement stems from a November lawsuit that alleged the bank ignored red flags about Epstein in order to keep his business.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
JPMorgan Chase has announced plans for its new global headquarters -- an all-electric building on Park Avenue.
The company says the building will have net-zero operational emissions.
Those convicted of a crime are getting a second chance in an unlikely place.
Three of corporate America's heaviest hitters — Amazon, Warren Buffett and JPMorgan Chase — sent a shudder through the health industry Tuesday.
Maddy Eddy was unable to get federal aid to repair her home on Beach 28th Street after Sandy, and that's where the city stepped in.
The New York-based bank disclosed Thursday that the breach compromised customer information pertaining to roughly 76 million households and 7 million small businesses.
JPMorgan Chase & Co. said Thursday that a data breach affected 76 million households and 7 million small businesses.
Prosecutors Tuesday said hundreds of customers at White Plains bank are victims of theft – and the thieves are tellers who allegedly took their money.
The hackers targeted JPMorgan Chase & Co. and at least four other banks in what's been described as a coordinated cyberattack.
The fund will distribute assets forfeited in the Madoff case. It's separate from a bankruptcy court proceeding that has recovered money to redistribute to burned Madoff clients.
The bank will pay $1.7 billion to settle criminal charges and a $350 million civil penalty for what the Treasury Department called "critical and widespread deficiencies'' in its programs to prevent money laundering and other suspicious activity.
Niculae Petre, Dorin Husa, Valer Zaharia, and Teodora Zaharia, are accused of stealing customers' PIN numbers and other financial information.
The settlement announced Tuesday requires JPMorgan to pay $9 billion and provide $4 billion in consumer relief, including principal reductions and other mortgage modifications for homeowners facing foreclosure.
The person said the tentative agreement does not resolve a criminal investigation of the bank's conduct. It is being handled by federal prosecutors in Sacramento, Calif.
Preet Bharara, the Manhattan U.S. attorney, hinted that the misconduct was not just the work of a couple of rogue traders, but was systemic in a bank that failed to keep adequate watch over its traders.
According to New York's Attorney General, even while the nation's economy was collapsing, Bear Stearns was only looking at its own bottom line and was lying to investors.
It is clear that Democrats have shown a greater propensity to spend money wisely with their campaigns and allied groups. At the end of the day, that is what America needs.
CEO Jamie Dimon's original estimate of the loss from the bad trade, disclosed in a surprise conference call with Wall Street analysts in May, was $2 billion.
The executive responsible for trading strategy at JPMorgan Chase, one of the highest-ranking women in Wall Street, on Monday became the first casualty of the bank's stunning $2 billion loss.
Five of the envelopes were sent to Wells Fargo banks, one was sent to JP Morgan Chase headquarters and another was sent to the mayor's office and ended up in a mailroom on Gold Street.
JPMorgan Chase and nearly 40 other companies, some of them also based in the New York City area, have teamed up to try and get veterans back into the workforce.
Two former Credit Suisse traders pleaded guilty to conspiracy and signed cooperation agreements Wednesday in a long-running probe of the federal sub-prime mortgage securities market that was expected to result in more arrests.
New York City officials will discuss security efforts ahead of the 44th annual Dominican Day Parade kicking off Sunday morning.
Most of the Tri-State Area is under a heat advisory Friday and Saturday, with the chance for isolated to scattered severe storms
The L, N, R and W lines will be impacted as MTA crews replace and upgrade tracks and perform signal maintenance over five weekends and certain weekdays.
An addiction-services nonprofit approved by the city focuses on harm reduction for hard drug users — to the chagrin of some in the neighborhood.
New York State Police are looking for a man they say set a deadly fire at a home Thursday in Greenville, Orange County.
New York City officials will discuss security efforts ahead of the 44th annual Dominican Day Parade kicking off Sunday morning.
Most of the Tri-State Area is under a heat advisory Friday and Saturday, with the chance for isolated to scattered severe storms
The L, N, R and W lines will be impacted as MTA crews replace and upgrade tracks and perform signal maintenance over five weekends and certain weekdays.
New York State Police are looking for a man they say set a deadly fire at a home Thursday in Greenville, Orange County.
A woman is suing the New York Yankees for $10 million after she was hit by a flying bat during a game.
Most of the Tri-State Area is under a heat advisory Friday and Saturday, with the chance for isolated to scattered severe storms
A 16-year-old boy was killed after he was hit Wednesday night by a Metro-North train going from Danbury to South Norwalk, police said.
Most of the Tri-State Area is under a heat advisory Thursday and Friday, with downpours bringing the risk of flash flooding.
New York City and parts of New Jersey were under a flood watch due to downpours and strong storms Monday.
Stormy weather will return to the New York City area on Monday, bringing the threat of heavy rain and storms that may lead to flash flooding.
Most of the Tri-State Area is under a heat advisory Friday and Saturday, with the chance for isolated to scattered severe storms
An emotional vigil was held in Garfield, New Jersey, on Thursday to remember two children who died after being swept into the Passaic River.
A massive 8-foot python was found in a New Jersey backyard. The 40-pound snake is now safely back in a cage, but not before it gave residents in Freehold a scare.
A busy road in North Haledon, New Jersey, is still closed after it buckled during a storm two weeks ago.
Most of the Tri-State Area is under a heat advisory Thursday and Friday, with downpours bringing the risk of flash flooding.
Most of the Tri-State Area is under a heat advisory Friday and Saturday, with the chance for isolated to scattered severe storms
There's been a fourth case of tularemia in Suffolk County this year, Health Commissioner Dr. Gregson Pigott confirmed Thursday. The rare tick-borne disease is also known as rabbit fever.
A Long Island man is walking the final miles of what has been a remarkable summer journey. He's covered the entire length of New York state, including Long Island. CBS News New York's Carolyn Gusoff introduces us to the man behind the miles. To learn more, visit empirestatewalk.org.
Suffolk County health officials confirmed a fourth case of tularemia this year.
Most of the Tri-State Area is under a heat advisory Thursday and Friday, with downpours bringing the risk of flash flooding.
The Supreme Court in June struck down President Trump's earlier executive order aimed at ending birthright citizenship.
New York City Mayor Zohran Mamdani is reacting after voters in Michigan chose a progressive Democrat over a moderate.
The Senate Homeland Security Committee voted to hold Dr. Anthony Fauci in contempt of Congress over his refusal to answer questions during testimony before the committee last week.
New Jersey Gov. Mikie Sherrill is taking her first major step onto the national stage, endorsing 13 Democrats — as the moderate signals she may jump into the debate over her party's future.
Gov. Kathy Hochul signed new legislation Wednesday to strengthen inspections on cooling towers in New York City.
Several lawsuits were announced Thursday against New York City and others connected to a deadly 2025 Legionnaires' outbreak in Harlem.
Gov. Kathy Hochul signed new legislation Wednesday to strengthen inspections on cooling towers in New York City.
The source of exposure for the Legionnaires cluster on Manhattan's Upper East Side has been eliminated, according to the New York City Health Department.
A seventh person has died from Legionnaires' disease in connection with the Upper East Side cluster, New York City's health commissioner said Thursday.
Thirty-four cooling towers at 33 buildings on the Upper East Side tested positive for live Legionella bacteria, the New York City Health Department announced Tuesday.
Actor and comedian Bowen Yang will portray Mary Todd Lincoln in Broadway's "Oh, Mary!" for a limited 12-week run starting in September.
Designer John Galliano is known for his theatrical and dramatic designs, but his legacy is also marked by antisemitic and racist comments.
"The Sopranos" actor Vincent Pastore is being remembered as a fixture in his Bronx community.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
A new Broadway show based on Prince's movie and album "Purple Rain" will take the stage at Broadway's Majestic Theatre in March.
It was the third series sweep for the Mets this season and first on the road.
Some lights atop Yankee Stadium briefly went dark a couple of times in the first inning Wednesday night.
Bo Bichette singled off Matt Festa to score automatic runner Francisco Lindor in the 10th inning, helping the Mets to a wild 6-5 victory over the Guardians.
The Bayonne 12U Little League team from New Jersey is heading to the Metro Region Tournament with their sights set on the Little League World Series.
The countdown to the 2026 US Open in New York City is on, but some tennis fans are frustrated by how much it costs to get in.
Some residents of a Queens building say a temporary boiler truck parked outside has become a nearly two-year fixture, emitting smoke they say drifts into their homes.
Harlem Week 2026 brings past and present Harlemites together to honor the neighborhood's legacy.
Parents in Harlem say their children's walk to summer camp is littered with trash, illegal dumping and a growing encampment.
A specialized program from God's Love We Deliver is serving nearly 400 veterans with medically tailored meals, while helping combat isolation and ease the challenges of life after military service.
The Newtown Creek Alliance community science project gives students hands-on experience monitoring the health of one of the most polluted waterways in the U.S.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The judges of Hot Bench share the cases they're looking forward to in the upcoming season
Preliminary state test results obtained by the education website Chalkbeat found that reading proficiency fell five percentage points last year.
The MTA is making weekend service changes in Manhattan and Queens for the rest of the month that will affect several lines. CBS News New York's Elijah Westbrook reports.
Investigators are still trying to determine what caused a Bronx apartment building explosion, but fears of collapse are complicating efforts. CBS News New York's Christina Fan reports.
A fire broke out around 1 a.m. Friday at a store in Queens where one firefighter suffered non-life-threatening injuries.