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.
Adelphi University student Orion Newby was celebrating on Monday after a court found that he didn't use artificial intelligence to cheat on a paper.
The New York City Police Academy in College Point, Queens, will be renamed after Det. Steven McDonald, NYPD Commissioner Jessica Tisch announced on Monday.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
A New Jersey pilot and his co-pilot have been jailed in West Africa for almost six weeks after landing to refuel. CBS News New York spoke to both men on the phone.
The 140-foot cell tower in Nissequogue would fix dropped calls and spotty service, but rise far above the trees.
Adelphi University student Orion Newby was celebrating on Monday after a court found that he didn't use artificial intelligence to cheat on a paper.
The New York City Police Academy in College Point, Queens, will be renamed after Det. Steven McDonald, NYPD Commissioner Jessica Tisch announced on Monday.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
The 140-foot cell tower in Nissequogue would fix dropped calls and spotty service, but rise far above the trees.
Former New York City Mayor Eric Adams agreed to pay thousands of dollars as a penalty for a campaign stunt at one of his official City Hall press conferences.
A Cold Weather Advisory is in place through 10 a.m. on Monday for the entire Tri-State Area. As a result, a First Alert Weather Day will be in play for at least part of the day.
A Connecticut man was arrested after allegedly driving drunk in the Bronx and hitting pedestrians on a sidewalk Friday.
Parts of New York and Connecticut could see snow Friday into Saturday. A First Alert Weather Day is in effect for the weekend due to dangerously cold temperatures.
Bundle up — New York City and the Tri-State Area's stretch of dangerously cold weather continues, and it's sticking around longer than anyone would like.
New York, New Jersey and Connecticut were pivotal during America's birth. This year, as the nation celebrates its 250th birthday, CBS News New York is highlighting the hidden history in our own back yard.
A New Jersey pilot and his co-pilot have been jailed in West Africa for almost six weeks after landing to refuel. CBS News New York spoke to both men on the phone.
The New Jersey Democrat says it's time to make seat belts on school buses a national standard, instead of leaving it up to states.
Riders on NJ Transit should still expect delays as rail services resume after two lines were suspended in and out of Penn Station Monday. An engineer was hurt after a piece of debris from overhead wire infrastructure hit a train.
Construction on the $16 billion Gateway Tunnel Project remained paused Monday morning despite a federal judge temporarily blocking the freezing of funds by the Trump administration.
A Cold Weather Advisory is in place through 10 a.m. on Monday for the entire Tri-State Area. As a result, a First Alert Weather Day will be in play for at least part of the day.
Adelphi University student Orion Newby was celebrating on Monday after a court found that he didn't use artificial intelligence to cheat on a paper.
The 140-foot cell tower in Nissequogue would fix dropped calls and spotty service, but rise far above the trees.
A Cold Weather Advisory is in place through 10 a.m. on Monday for the entire Tri-State Area. As a result, a First Alert Weather Day will be in play for at least part of the day.
A Long Island man accused of driving drunk and killing a Nassau County police officer appeared in court Friday. Matthew Smith entered a not guilty plea.
The entire Tri-State Area will be under an Extreme Cold Warning as dangerously cold temperatures settle in, along with some snow.
A New Jersey pilot and his co-pilot have been jailed in West Africa for almost six weeks after landing to refuel. CBS News New York spoke to both men on the phone.
The New Jersey Democrat says it's time to make seat belts on school buses a national standard, instead of leaving it up to states.
Former New York City Mayor Eric Adams agreed to pay thousands of dollars as a penalty for a campaign stunt at one of his official City Hall press conferences.
Construction on the $16 billion Gateway Tunnel Project remained paused Monday morning despite a federal judge temporarily blocking the freezing of funds by the Trump administration.
Ghislaine Maxwell's lawyer said she would be willing to cooperate with a House panel's probe if President Trump grants her clemency, and would testify that he is "innocent of any wrongdoing."
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
The goal is to get patients drunk and high at a new research lab on the border of Nassau County and Queens.
The Patchogue-Medford School District said in a letter that the Suffolk County Department of Health alerted them about an infectious person in the school community.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Bad Bunny took the stage at halftime for the 2026 Super Bowl. Here's who else performed at Super Bowl 60.
Two-for-one tickets are returning for New York City's Off-Broadway Week.
Lindsey Vonn posted on Instagram a day after suffering a broken leg in a devastating crash at the Winter Olympics in Italy.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Team USA defended its Olympic figure skating team event gold medal on Sunday after Ilia "Quad God" ushered the team to victory at the Milan Cortina 2026 Winter Olympics.
The Seattle Seahawks defeated the New England Patriots Sunday to win the 2026 Super Bowl.
NYU stands alone atop the NCAA Division III women's basketball record book with 82 consecutive victories.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
After their building managers were arrested on fraud charges, tenants in Queens say their apartments were left in chaos.
Harlem's Schomburg Center for Research in Black Culture centennial anniversary began last year, and 2026 marks 100 years since the library became owner of its namesake's personal collection, making it a full-fledged research center.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
Dozens of middle school girls celebrated National Girls and Women in Sports Day at the Brooklyn Basketball Training Center on Wednesday.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Spring Valley police said a family received a phone call demanding $1,000 or they'd never see their daughter again.
Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos. CBS News New York's Hannah Kliger reports.
Molly Wasow is stepping down from her post overseeing the Department of Social Services, City Hall confirms.
Amtrak overhead wire issues led NJ Transit to operate limited service for the remainder of the day, the agency said.
The Democratic lawmakers say the county's 911 system is operating with a 20% staffing shortage and that up to half of 911 calls are for non-emergencies.
