Finance
-
JPMorgan paying $5.1 billion in Fannie, Freddie dealOct 25, 2013 4:35 pm - WASHINGTON — JPMorgan Chase has agreed to pay $5.1 billion to resolve claims that it misled Fannie Mae and Freddie Mac about risky home loans and mortgage securities it ...
-
McDonalds ending relationship with HeinzOct 25, 2013 4:21 pm - McDonald’s has lost its taste for Heinz ketchup. The fast-food giant said in a statement Friday that it is cutting ties with the condiment company after management chan...
-
United faces biggest fine yet for ground delaysOct 25, 2013 4:16 pm - United Continental Holdings Inc. was fined $1.1 million by U.S. regulators for stranding passengers at Chicago’s O’Hare International Airport last July, the largest pena...
-
Tech stocks lead markets higherOct 25, 2013 3:55 pm - NEW YORK — Strong third-quarter results from technology companies drove investors into stocks on Friday, giving the market its third straight weekly gain. After reportin...
-
Obama sides with Tea Party as House passes dredging billOct 23, 2013 9:59 pm - The U.S. House approved 23 commercial navigation, flood control and environmental restoration projects, work that could cost taxpayers as much as $8.2 billion over the n...
-
700 IRS contract workers owe $5.4 million in back taxesOct 23, 2013 5:20 pm - WASHINGTON — Nearly 700 employees of Internal Revenue Service contractors owe $5.4 million in back taxes, said a report Wednesday by the agency’s inspector general. More...
-
Crowdfunding about to take a giant leapOct 23, 2013 4:56 pm - WASHINGTON — Crowdfunding is about to go big time. For years, filmmakers, artists and charities have used the power of the Internet to generate money for projects. But ...
-
Insurance brokers air frustrations with health care websiteOct 23, 2013 3:56 pm - WHEELING — Insurance brokers in Illinois vented their frustrations Wednesday with the troubled rollout of President Barack Obama’s health care law and the crippled feder...
-
Low interest rates to keep income funds in demandOct 20, 2013 6:39 am - Interest rates are unlikely to rise anytime soon. A 16-day partial government shutdown that ended Thursday knocked consumer confidence. All told, it took about $24 billi...
-
Washington can’t seem to make markets nervousOct 20, 2013 6:11 am - The markets shuddered slightly as the debt ceiling neared. The yield on short-term Treasurys rose tenfold. Fidelity Investments sold off its short-term government debt. ...