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.
Severe weather in Queens caused the death of an elderly man when a tree fell on him in Forest Park on Saturday night.
The Broadway revival of the musical (nominated for 11 Tony Awards) depicts drama, joy and heartbreak in the pursuit of the American Dream at the turn of the 20th century, with parallels to the contemporary world, from issues of race to the immigrant experience.
Fermin's home run nullified a fine performance by Mets rookie Nolan McLean, who allowed one run on three hits and three walks in six innings.
The 2026 Queens Pride Parade is underway today in Jackson Heights. Here's what to know about the route, street closures and more.
Tensions rose once again this weekend outside Delaney Hall in Newark after the mayor scaled back local law enforcement.
Severe weather in Queens caused the death of an elderly man when a tree fell on him in Forest Park on Saturday night.
The 2026 Queens Pride Parade is underway today in Jackson Heights. Here's what to know about the route, street closures and more.
Saturday was New York City's annual Missing Persons Day, hosted by the city's Office of Chief Medical Examiner.
An 18-year-old pleaded guilty Thursday to murder and weapons charges in connection to a deadly shooting at a Long Island house party in 2025.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
It's unseasonably warm in New York City on Wednesday as humidity adds to the summer-like weather. There's also a slight chance for showers in parts of the Tri-State Area.
It's back to feeling like spring, and even summer on some days, as warm weather and sunshine return to the New York area.
A final round of showers is moving through the New York area in the morning before the rest of the week turns much drier and warmer.
The New York area is off to a soggy start to the unofficial kickoff of summer with rainy weather this Memorial Day Weekend.
Tensions rose once again this weekend outside Delaney Hall in Newark after the mayor scaled back local law enforcement.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
A child died and five people, including a firefighter and police officer, were hurt after flames broke out at a home in Perth Amboy, New Jersey.
An 18-year-old pleaded guilty Thursday to murder and weapons charges in connection to a deadly shooting at a Long Island house party in 2025.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
EPA Administrator Lee Zeldin, who is from Long Island, returned to his home turf Friday to spread the word on what is right with the agency.
A Long Island jury found Steven Schwally guilty of 2nd degree murder for ramming his car into a Deer Park nail salon while drunk.
John Gotti's grandson Carmine Gotti Agnello was arrested Wednesday for allegedly assaulting a woman, Nassau County Police said.
As President Trump prepares to watch the New York Knicks take on the San Antonio Spurs at Madison Square Garden, officials are planning for a heightened security posture, sources said.
EPA Administrator Lee Zeldin, who is from Long Island, returned to his home turf Friday to spread the word on what is right with the agency.
In a CBS News interview, White House border czar Tom Homan defended conditions at the Delaney Hall ICE detention center, amid intense protests over the New Jersey facility. "
Newark Mayor Ras Baraka said Thursday he is scaling back police at Delaney Hall. The announcement followed the arrests of two protesters on Wednesday night.
President Trump, a native New Yorker and self-described Knicks fan, said he was invited to attend a Knicks playoff game by the team's owner James Dolan, who has donated to his political campaigns.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
New Jersey Gov. Mikie Sherrill is urging people to donate blood ahead of the summer months.
There's no vaccine for the Bourbon virus, nor medicine to treat it, according to the U.S. Centers for Disease Control and Prevention.
Marie Francillion was diagnosed with lung cancer after she was feeling heartburn and shoulder pain. She said she's able to remain hopeful and spend more time with her family because of a different type of treatment.
The Broadway revival of the musical (nominated for 11 Tony Awards) depicts drama, joy and heartbreak in the pursuit of the American Dream at the turn of the 20th century, with parallels to the contemporary world, from issues of race to the immigrant experience.
Madonna performed a surprise concert in Times Square weeks before the release of her "Confessions II" album.
Knicks superfan Spike Lee stopped by CBS Mornings to give his thoughts as the Knicks get set to play in the NBA Finals, and he offered his prediction, too.
The 25th edition of the film and media festival opens on Wednesday, showcasing more than 100 world premiere documentaries and narrative features, as well as short films, live music, podcasts and conversations with leading entertainment figures.
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
Fermin's home run nullified a fine performance by Mets rookie Nolan McLean, who allowed one run on three hits and three walks in six innings.
Saturday night's Red Sox-Yankees game was postponed due to rain and rescheduled.
Golden Tempo made Cherie DeVaux the first woman to train a Kentucky Derby winner and the second woman to train a Belmont Stakes winner.
Christian Scott threw 5 2/3 scoreless innings, Jared Young and Luis Torrens hit home runs and the New York Mets beat the San Diego Padres 5-0 on Friday.
The red-hot Knicks are going home, two wins away from an NBA championship that the capital of the world has been waiting to see for generations.
Harlem's historic Cotton Club recently announced it was up for sale. The news comes as jazz clubs across the borough disappear.
Jasir Gipson was shot by a stray bullet at 5 years old while walking with his mother. More than a decade later, he's graduating from high school with nothing but a smile.
Garbage piling up near freight train tracks is frustrating many Maspeth residents.
Residents and elected officials are urging the MTA to reopen the Long Island Rail Road's former Elmhurst station, arguing that the neighborhood has outgrown its current transit options.
Before there was a Brooklyn, there was a flagpole, and since the earliest days of our country, it stood as a symbol of freedom and self-determination.
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.
Rep. Jim Himes, the top Democrat of the House Intelligence Committee, told "Face the Nation with Margaret Brennan" that President Trump's decision to tap Bill Putle as the acting Director of National Intelligence is "probably the worst most dangerous" nod of Mr. Trump's "basket of awful appointments."
CBS News New York's John Elliott spends the morning in Jackson Heights during the final preparations for the 34th Queens Pride Parade.
Police said the victim was shot multiple times just after midnight on 49th Street in Queens.
Meanwhile, the war has spilled over to the soccer arena with the World Cup days away. CBS News' Wendy Gillette reports.
A tree fell and killed an 85-year-old man during a strong storm in Forest Park, Queens. CBS News New York's Noëlle Lilley reports.
