JPMorgan commits $30 billion to fighting racial inequity
Money will fund small-business loans, affordable housing, and homebuyer grants for Black and Latino communities.
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Money will fund small-business loans, affordable housing, and homebuyer grants for Black and Latino communities.
Bank's traders used "spoofing" tactic to influence markets, according to government regulators.
Documents were unearthed by congressional committees looking into the 2016 U.S. presidential election.
Largest U.S. bank detected infections less than a week after workers began returning to New York City headquarters.
Internal investigation found that bank workers deposited emergency business loans into their personal accounts.
CEO Jamie Dimon said in an internal memo that the bank has found evidence of illegal behavior.
Americans surveyed don't expect the economy to grow significantly in the coming months. Plus, JP Morgan plans layoffs and Blackberry plans new phones. Jericka Duncan reports.
A French company is showing off a self-driving shuttle bus at the Consumer Electronics Show in Las Vegas. It's the first driverless vehicle commercially available in the U.S. With a top speed of 12 miles an hour, the shuttle is intended for college campuses and airport parking lots. That story and more Moneywatch headlines from Wendy Gillette.
Shares of Sirius XM are up Monday on news that Liberty Media wants to take full ownership of the satellite radio service. The deal would value the company at nearly $23 billion. Liberty Media already owns 53 percent of Sirius XM's stock., plus more MoneyWatch headlines.
JPMorgan Chase expects $32 billion worth of bad loans, nearly triple what it had set aside a year ago, before Covid hit the world.
A new round of tariffs goes into effect at midnight. There will be a 15 percent tariff on $112 billion of Chinese goods. Consumers can expect to feel the impact on everything from milk to diapers to sports equipment. The nation's largest bank, J.P. Morgan Chase, says it could cost the average American $1,000 a year. John Blackstone reports.
The federal government is launching a $349 billion dollar small business loan program Friday, but hours before the program was set to go into effect some of the country's biggest banks weren't ready. Yahoo Finance reporter Sibile Marcellus spoke to CBSN's Reena Ninan about who could be seeing money from the initiative.
Retired MLB superstar and star singer/actress fiancée said to have retained JPMorgan Chase to help raise funds for the attempt.
JPMorgan Chase small business client said he applied for loan first day it was available, but money was never approved.
Financial giants including Bank of America, Citigroup and JPMorgan Chase are bracing for massive losses.
CEO Jamie Dimon said it was necessary to set aside the funds "given the likelihood of a fairly severe recession."
Three of the nation's four largest lenders initially wouldn't take loan applications, leaving borrowers in the dark.
Bank says chief executive is recovering after procedure to repair blood leak in his aorta.
Critics say banks are seeking to exploit the outbreak to weaken rules designed to ensure their financial stability.
Banker's comments about the effects of socialism draws fire from democratic socialist lawmakers.
From the head of the country's biggest bank to a journalist speaking truth to power, take a look back at some memorable moments from Sunday's broadcast of 60 Minutes
"A bad, un-peaceful outcome here would be bad for everybody, including the Chinese," Jamie Dimon tells 60 Minutes' Lesley Stahl about Hong Kong protests
JPMorgan Chase is using data to invest more efficiently, helping entrepreneurs open businesses in parts of the city that most need their services
The chairman and CEO of JPMorgan Chase tells Lesley Stahl he's optimistic about the economy and explains why he's not running for president
"The notion that I'm not a patriot... that's just dead wrong." JPMorgan Chase chairman and CEO Jamie Dimon responds to criticism from presidential candidate Elizabeth Warren. See the full interview, Sunday on 60 Minutes
Trump says he expects the U.S. war with Iran to end within several weeks despite unrelenting attacks from both sides and Iran's iron grip on the Strait of Hormuz.
The Supreme Court on Wednesday appeared open to invalidating President Trump's executive order that would end birthright citizenship.
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
Trump said Iran gave him the "present" of letting eight oil tankers through the Strait of Hormuz, but the majority of ships making the passage are Iranian, including
President Trump has told Britain's Telegraph newspaper he could try to terminate U.S. membership in NATO. He's railed against NATO allies for refusing to join the Iran war.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
American journalist Shelly Kittleson was kidnapped in Baghdad on Tuesday, according to two sources familiar with the matter as well as an Iraqi official.
JPMorgan CEO Jamie Dimon thinks AI will shorten the work week and lead to medical breakthroughs, while acknowledging the technology's potential impact on the nation's workforce.
The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.
With oil prices rising and hiring already slowing, economists warn the Iran war could further weigh on U.S. job growth.
Hershey said Wednesday it will use classic recipes for all Reese's products starting next year, after getting criticism for changing the popular treats.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
Congressional leaders announced that Britain's King Charles III will address a joint meeting of Congress as part of his visit to Washington later this month.
The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.
With oil prices rising and hiring already slowing, economists warn the Iran war could further weigh on U.S. job growth.
Hershey said Wednesday it will use classic recipes for all Reese's products starting next year, after getting criticism for changing the popular treats.
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.
The filing supports a plaintiff who alleges Monsanto failed to warn consumers about cancer risks tied to Roundup, one of the most widely used herbicides in the world.
American commandos joined Ecuadorian troops in a joint mission aimed at dismantling a suspected criminal hub along the country's coast.
Congressional leaders announced that Britain's King Charles III will address a joint meeting of Congress as part of his visit to Washington later this month.
President Trump has told Britain's Telegraph newspaper he could try to terminate U.S. membership in NATO. He's railed against NATO allies for refusing to join the Iran war.
The Supreme Court on Wednesday appeared open to invalidating President Trump's executive order that would end birthright citizenship.
The COVID-19 variant BA.3.2, nicknamed "Cicada," has been detected in at least 23 countries and half the states in the U.S.
North Carolina and other states have insurance plans for kids in foster care, but many doctors did not accept patients on the plans, leaving kids' guardians scrambling to find health care providers.
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
American commandos joined Ecuadorian troops in a joint mission aimed at dismantling a suspected criminal hub along the country's coast.
Congressional leaders announced that Britain's King Charles III will address a joint meeting of Congress as part of his visit to Washington later this month.
Trump said Iran gave him the "present" of letting eight oil tankers through the Strait of Hormuz, but the majority of ships making the passage are Iranian, including
After strangers raised thousands of dollars for a search, the border collie was flown to safety by a pilot who was determined to reunite pet and owner.
Trump says he expects the U.S. war with Iran to end within several weeks despite unrelenting attacks from both sides and Iran's iron grip on the Strait of Hormuz.
Actor and comedian Kenan Thompson joins "CBS Mornings" to discuss his new children's book, "Unfunny Bunny."
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Taylor Swift is being sued by Las Vegas performer Maren Wade who has accused the superstar of trademark infringement over her latest album, "The Life of a Showgirl." Wade is the creator of the "Confessions of a Showgirl" podcast, which started as a column in 2014.
Sharon Stone reflected on her legendary career as she discussed joining the cast of "Euphoria," working with the show's creator, Sam Levinson, and how she has advocated for women in the entertainment industry.
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
According to a recent report, nearly one in four species catalogued by the CMS are threatened with extinction on a worldwide scale.
NASA is poised to launch four astronauts on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
James Farthing, who won the $167.3 million Powerball jackpot last April, was arrested for a third time since collecting his grand prize. CBS News' Shanelle Kaul has more.
The son of a Maui doctor testified that his father confessed to him over FaceTime to trying to kill his stepmother, Arielle Konig, on a hike last year. Prosecutors allege Gerhardt Konig tried to push his wife off a cliff, attempted to inject her with a syringe and hit her in the head with a rock.
Lawyers for Luigi Mangione, the man charged with the murder of UnitedHealthcare CEO Brian Thompson, are seeking to postpone his federal murder trial. CBS News' Lilia Luciano reports.
Lawyers for the man accused of killing Charlie Kirk are asking to delay a preliminary hearing set for May, arguing the defense team needs time to review ATF analysis they contend "could not" connect a bullet fragment recovered during Kirk's autopsy with the rifle found near the scene of the crime. CBS News legal contributor Jessica Levinson joins to unpack the development.
Tiger Woods had bloodshot eyes, was "sweating profusely" and had "extremely dilated" pupils after a rollover car crash last week, an arrest report shows. CBS News' Shanelle Kaul has the details.
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
As launch time approaches for NASA's first moonshot in more than half a century, anticipation is building for the Artemis II mission. Here's how to watch today's liftoff.
Forecasters continue to predict an 80% chance of favorable weather on Wednesday for the launch of four astronauts on a flight to the moon.
Countdown clocks began ticking Monday, setting the stage for launch of the Artemis II moon mission early Wednesday evening.
NASA's Artemis II astronauts — three space station veterans and a Canadian rookie — stand out even in an astronaut corps full of super achievers.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The four Artemis II astronauts are making their final preparations before Wednesday's scheduled launch for their trip around the moon. CBS News space consultant William Harwood and meteorologist Jessica Burch have the latest.
The Supreme Court heard arguments over President Trump's executive order ending birthright citizenship. Mr. Trump was in the courtroom, which marks the first time a sitting president attended a hearing before the highest court in the nation.
The Supreme Court is weighing arguments over President Trump's birthright citizenship executive order. CBS News' Jessica Levinson, Katrina Kaufman and Jan Crawford have more after the landmark hearing.
The Supreme Court on Wednesday seemed skeptical of President Trump's order to end birthright citizenship as they heard arguments in the high-stakes case. CBS News' Jan Crawford and Weijia Jiang has more.
James Farthing, who won the $167.3 million Powerball jackpot last April, was arrested for a third time since collecting his grand prize. CBS News' Shanelle Kaul has more.