JPMorgan Chase
Calif. sues JPMorgan Chase over debt collection
SACRAMENTO, Calif. (AP) — California’s attorney general sued one of the nation’s largest banks Thursday, alleging that JPMorgan Chase & Co. used illegal tactics in its efforts to collect debts from more than 100,000 credit […]
US consumers keep spending despite higher taxes
WASHINGTON (AP) — This year got off to a sour start for U.S. workers: Their pay, already gasping to keep pace with inflation, was suddenly shrunk by a Social Security tax increase. Which raised a worrisome question: Would consumers stop spending?
Chastened banks cuts tens of thousands of jobs
NEW YORK (AP) — Banks aren’t the big jobs machines they used to be. One after another, major financial firms are trimming their payrolls. At a time when many banks are reporting higher or even record earnings, the cuts are unsettling to an entire industry.
US banks to send checks to 4.2M who lost homes
WASHINGTON (AP) — The nation’s largest banks will begin sending payments this week to millions of Americans who may have been wrongfully foreclosed on during the housing crisis.
BofA Short Sale department phone number
For listeners who want more information about Bank of America’s “Short Sale” department as mentioned on today’s Money 101 broadcast, the number is (866) 880-1232.
Brett King on Business Rockstars
Today on Business Rockstars, Ken Rutkowski talks with a bestselling author and American Banker’s Innovator of the Year for 2012, Brett King. The founder of the direct mobile bank Moven, he is an International Judge for the GSMA Global Mobile Awards, the Asian Banker Retail Excellence Awards and the Middle-East Business Achievement Awards.
Snapshots of Sandy: Group restores victims’ photos
NEW YORK (AP) — Of all the images of Superstorm Sandy’s destruction, the ones that linger for Florence Catania are the torn, stained pictures that hung on her walls.
Distressed homeowner help
As discussed on Money 101 with Bob McCormick today, the program that aids distressed homeowners ends this Friday, January 18. Here are some of the highlights discussed on the show: Where to get help for […]
CNN’s Ali Velshi sheds light on bank foreclosure payback
U.S. banks have taken another step to clear away the wreckage of the 2008 financial crisis. JPMorgan Chase, Bank of America, Wells Fargo and seven other banks have agreed to pay $8.5 billion to homeowners who were wrongfully thrown out of their homes.
10 banks agree to pay $8.5B for foreclosure abuse
WASHINGTON (AP) — Ten major banks and mortgage companies agreed Monday to pay $8.5 billion to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.
Banks extend fee waivers for storm-hit customers
(AP) — Some of the nation’s biggest banks have extended temporary waivers on a variety of fees and late charges for residents of states hit hard by Superstorm Sandy. It’s an effort to ease pressure […]
Weak business spending drags on US growth
WASHINGTON (AP) – Companies are holding off on purchases of computers, industrial equipment and other long-lasting manufactured goods, a trend that’s slowing the U.S. economy. A fourth straight month of lackluster corporate spending led many […]



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