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The exterior view of JPMorgan Chase offices in San Francisco. (AP Photo/Paul Sakuma, File)

Govt, JPMorgan reach tentative deal

WASHINGTON (AP) – JPMorgan Chase & Co. has tentatively agreed to pay $13 billion to settle allegations surrounding the quality of mortgage-backed securities it sold in the run-up to the 2008 financial crisis, a person […]

10/20/2013

The lobby of JPMorgan Chase headquarters in New York. (AP Photo/Mark Lennihan, File)

AP source: Govt, JPMorgan reach tentative deal

WASHINGTON (AP) — JPMorgan Chase & Co. has tentatively agreed to pay $13 billion to settle allegations surrounding the quality of mortgage-backed securities it sold in the run-up to the 2008 financial crisis, a person familiar […]

10/19/2013

Ben Bernanke

Bernanke offers wisdom but no hint of Fed moves

WASHINGTON (AP) — Ben Bernanke gave the graduating class of Princeton University one of the more unusual speeches for a Federal Reserve chairman: He quoted everyone from Lily Tomlin to Forrest Gump and scarcely mentioned […]

06/02/2013

KFWB logo

Pew survey questions Gen X, baby boomer savings

NEW YORK (AP) — A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the […]

05/18/2013

(AP Photo)

Fed keeps stimulus, says taxes and cuts have hurt

WASHINGTON (AP) — The Federal Reserve on Wednesday stood by its aggressive efforts to stimulate the economy and reduce unemployment. And it sent its most explicit signal to date that tax increases and spending cuts […]

05/01/2013

Superman (AP Photo)

Superman’s 75th puts spotlight on Cleveland roots

CLEVELAND (AP) — Superman’s 75th anniversary is giving his creators’ blue-collar hometown a renewed chance to claim the superhero as its own. Fans hope Thursday’s anniversary will raise the profile of co-creators Jerry Siegel and Joe Shuster.

04/17/2013

Ben Bernanke

Bernanke: Low interest-rate-policies benefit trade

WASHINGTON (AP) — Chairman Ben Bernanke said Monday that the Federal Reserve’s low-interest-rate policies are helping to boost growth around the world, rejecting criticism that they could lead to a global currency war.

03/25/2013

Transcripts show Fed underestimated crisis in 2007

WASHINGTON (AP) — Federal Reserve officials in 2007 underestimated the scope of the approaching financial crisis and how it would tip the U.S. economy into the worst recession since the Great Depression.

01/18/2013

Midnight Mission millionth meal

Millionth meal served at LA’s Midnight Mission

LOS ANGELES (CNS) – The millionth free meal of the year at the Midnight Mission in downtown Los Angeles was served during the lunch service today, the mission announced.

12/27/2012

(AP Photo)

Census: US population growth rising again

WASHINGTON (AP) — America’s population is increasing a bit faster thanks to an improving economy, but not enough to lift growth above its lowest level since the Great Depression.

12/20/2012

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