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JPMorgan's loss of $2 billion shows that the forces that unleashed the recession remain partially untamed -- and that Congress is still struggling to get a handle on the solution.
JP Morgan CEO Jamie Dimon dubs losses 'egregious,' but market analysts expect that, this time, the damage will not spread to the entire financial system.
These types of businesses have found success by capitalizing on the college demographic.
The battle of the burger giants has recently taken a turn after nearly 40 years. Find out why.
The most popular beliefs as to what caused the U.S. mortgage crisis and subsequent economic collapse are wrong, according to a new study by the Boston Fed.
When Facebook goes public it will cost between $28 and $35 per share, potentially netting the company $13.6 billion, with Mark Zuckerberg making $1 billion by himself.
Occupy Wall Street has big plans for May Day, including marches and strikes, but faces big challenges: It is still largely decentralized, and has lost its hold on the support of the public.
Postal bill averts 3,700 post-office closings for at least two years, but fails to address deeper, structural problems in how the postal service manages a vast operation.
Electronics retail giant Best Buy has named the 50 stores it plans to close as it struggles in the face of tough competition from e-commerce giants such as Amazon.
Americans foresee, on average, gas prices at $4.75 a gallon within three months. They most blame the oil industry and Wall Street. But they expect politicians to act.
Mystery shoppers visit various establishments. Discover how their efforts will save you money in the long run.
A major beef processor has declared bankruptcy, citing the backlash against 'pink slime.' The economic fallout from pink slime is just beginning.
If you think you'll be able to get in on Facebook's stock, you should think again.
Harsh questioning from the Supreme Court majority has touched off new political calibrations over Obama's health-care law. In some ways, Democrats could be the winners.
Based on justices' questions during the Supreme Court health-care hearings, the fate of 'Obamacare' is in peril.
Gas prices jumped 5 cents a gallon last week on average, even as oil prices stabilized a bit. When gas prices reach $4 a gallon, motorists begin to change their habits.
When Facebook goes public, an estimated 1,000 employees will become millionaires, including one clever painter.
Postal Service closings could mean longer lines and possibly slower delivery. But the alternative to Postal Service closings would mean using tax money.
More than 7,000 sites are going "black" to protest the "Stop Online Piracy Act" (SOPA) and the "PROTECT IP Act" (PIPA). Here's everything you need to know.
Despite a record jump in revenue, Netflix still failed to satisfy investors after announcing today that it had lost more than 800,000 subscribers in the past quarter, and will go into the red during the fourth quarter to pay for international growth.
Unless current health trends are reversed, five common, non-infectious diseases -- cancer, diabetes, heart disease, lung disease and mental health problems -- will cost the world $47 million in treatment costs and lost wages.
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