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JPMorgan's Growing Loss Shakes Investor Faith
Traders who made calamitous bets on corporate debt have cost JPMorgan Chase nearly $6 billion so far. The bank announced the losses on Friday but said the firm still managed to earn $5 billion in the second quarter. But the impact of the trading loss goes far beyond the bottom line.
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•
3:33
JPMorgan Chase To Pay Huge Fine In London Whale Settlement
JPMorgan Chase has agreed to pay regulators more than $900 million in fines over last year's London Whale trading fiasco. A handful of rogue traders at the bank lost more than $6 billion in a bad derivatives trading strategy. The traders then concealed the losses from senior executives for weeks. JPMorgan also formally admitted wrongdoing in the settlement with four different regulators.
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•
3:42
Besides the Manhattan DA's probe, Trump faces federal investigations
Former U.S. President Donald Trump is facing a multitude of legal challenges. What's the status of those investigations?
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3:41
Besides the Manhattan DA's probe, Trump faces federal investigations
Former U.S. President Donald Trump is facing a multitude of legal challenges. What's the status of those investigations?
Listen
•
3:41
Novak Djokovic wins the U.S. Open, taking his 24th Grand Slam title
Djokovic, a 36-year-old from Serbia, moved one major singles title in front of Serena Williams to become the first player to win 24 in the Open era, which began in 1968.
In House panel hearing, AG Garland insists he and the DOJ are independent
U.S. Attorney General Merrick Garland appeared before the House Judiciary Committee Wednesday, and defended the Justice Department's investigations into the Jan. 6 insurrection and Hunter Biden.
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3:35
LeBron and Bronny James play together for first time in preseason game for the Lakers
LeBron James and his son, Bronny, are the first father and son to play in any NBA game at the same time, let alone on the same team.
How President Trump is changing presidential pardons
NPR's Mara Liasson explains how President Trump is transforming the power of presidential pardons.
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3:29
The queens of March Madness: Notre Dame's Freshman floor general Hannah Hidalgo
As America waits for the kickoff of the Men's and Women's NCAA Tournaments, NPR's providing listeners with mini profiles of talented players leading their teams into the tournamen.
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2:22
On Clearance: Must Kushner Go?
Top security clearance is hard to come by — even for some senior White House officials.
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47:08
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