Trump sues JPMorgan Chase, Jamie Dimon for $5B, alleging "political" debanking
JPMorgan Chase says President Trump's lawsuit "has no merit."
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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.
Max Muncy hit a two-run homer in the seventh inning on Gerrit Cole's 103rd and final pitch, lifting the Dodgers over the Yankees 2-1 on Friday night.
A toddler fell from a window at a Bronx apartment building Friday evening.
Spanish Prime Minister Pedro Sánchez plans to attend Sunday's World Cup final against Argentina, his office says.
New age requirements, licensing rules and penalties for violations for e-bikes and electric scooters take effect in New Jersey on Sunday.
One death has been reported in connection to the Legionnaires' disease cluster on New York City's Upper East Side, health officials say.
A toddler fell from a window at a Bronx apartment building Friday evening.
One death has been reported in connection to the Legionnaires' disease cluster on New York City's Upper East Side, health officials say.
Friday marked 30 years since TWA Flight 800 exploded in midair off of Long Island minutes after taking off from JFK Airport en route to Paris.
An 79-year-old woman died Friday after she was struck by a driver in Brooklyn.
Attorneys for Donike Gocaj's family alleged Con Edison workers failed to properly secure the manhole cover before she plunged to her death.
While the air quality is improving, haze still lingers as New Yorkers brace for upcoming rain and possibly severe storms Saturday.
A tornado warning was issued in parts of New Jersey on Thursday evening.
A heat advisory is in effect until Wednesday night for most of the Tri-State Area, with feels-like temperatures reaching into the 100s.
The Tri-State Area is dealing with extreme heat as cooling centers, pools, parks and other resources try to keep residents cool.
A heat advisory is in effect until Wednesday night for the Tri-State Area, with feels-like temperatures reaching into the 100s.
Spanish Prime Minister Pedro Sánchez plans to attend Sunday's World Cup final against Argentina, his office says.
New age requirements, licensing rules and penalties for violations for e-bikes and electric scooters take effect in New Jersey on Sunday.
For the first time, a federal appeals court ruled the Garden State's weapons ban violates the Second Amendment.
Farmers in New Jersey say the cyclosporiasis outbreaks across the country are providing an opportunity to get to know your local farmer.
While the air quality is improving, haze still lingers as New Yorkers brace for upcoming rain and possibly severe storms Saturday.
A memorial service was held on Long Island on Friday night for victims of TWA Flight 800, marking 30 years since the deadly crash. CBS News New York's Allen Devlin reports.
A large gun and drug bust in Nassau County led to six arrests.
Friday marks 30 years since TWA Flight 800 exploded in midair off of Long Island minutes after taking off from JFK Airport en route to Paris. CBS News New York's Carolyn Gusoff reports.
Friday marked 30 years since TWA Flight 800 exploded in midair off of Long Island minutes after taking off from JFK Airport en route to Paris.
A former cargo ship captain pleaded guilty on Wednesday to drugging and raping a U.S. Merchant Marine Academy cadet.
President Trump gave a primetime address on elections tonight, as he remains focused on the 2020 race.
The "Rental Ripoff" report was released Thursday morning, stemming from months of hearings where hundreds of tenants across the city stepped forward to air their grievances.
New York City officials confirmed Wednesday that outreach teams were midway through efforts to help the homeless at a sprawling West Side encampment before dismantling their living spaces.
Part of President Trump's speech Thursday night is expected to touch on previously unreported alleged Chinese meddling in U.S. elections, according to sources familiar with the matter.
The future of the New York City horse carriage industry was debated Wednesday at a City Council public hearing.
One death has been reported in connection to the Legionnaires' disease cluster on New York City's Upper East Side, health officials say.
Farmers in New Jersey say the cyclosporiasis outbreaks across the country are providing an opportunity to get to know your local farmer.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
A Queens man says he had trouble eating and drinking while suffering from cyclosporiasis.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
The final show of Jay-Z's anniversary concert series at Yankee Stadium was delayed for hours after hundreds of ticketless fans flooded the gates and breached security, according to officials.
Jay-Z and some very special guests took over Yankee Stadium on Friday night, performing to a sold-out crowd.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
Max Muncy hit a two-run homer in the seventh inning on Gerrit Cole's 103rd and final pitch, lifting the Dodgers over the Yankees 2-1 on Friday night.
Spanish Prime Minister Pedro Sánchez plans to attend Sunday's World Cup final against Argentina, his office says.
Francisco Alvarez homered twice, Brett Baty also went deep and the New York Mets defeated the Philadelphia Phillies 4-1 in the first major league game following the All-Star break.
Etihad Park, the new home of NYCFC and Gotham FC, will open in summer 2027, the CEO of the Major League Soccer club announced.
Air quality concerns in Philadelphia have led the Phillies to move up the start time of their series opener with the Mets by an hour.
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.
The FIFA World Cup is delivering a business boost for many bars and restaurants across New York City, but not every industry is seeing the same payoff.
Two Upper West Side children went on a mission to visit 40 playgrounds in one day, hoping to set a record.
Eddie Palmieri, the East Harlem legend who revolutionized Latin music, now has a street renamed in his honor.
Services for the UnderServed's urban gardens and beehives provide therapeutic opportunities for New Yorkers with intellectual and developmental disabilities and behavioral health challenges
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.
CBS News New York's Scott Padgett has your First Alert Forecast for July 17 at 11 p.m.
A memorial service was held on Long Island on Friday night for victims of TWA Flight 800, marking 30 years since the deadly crash. CBS News New York's Allen Devlin reports.
A beloved community member is being mourned in East Flatbush, Brooklyn. Police say an out-of-control car jumped the curb and hit and killed a 79-year-old pedestrian. CBS News New York's Andrew Ramos reports.
Spain and Argentina are getting ready to compete for the biggest prize in soccer, and all the action will play out at MetLife Stadium. CBS News New York's Jennifer Bisram and Steve Overmyer report.
A toddler fell from a window at a Bronx apartment building Friday evening.
