Tag Archives: blogs

JPMorgan Plans to Unveil a Program for Job Skills

When Mayor Rahm Emanuel of Chicago received a call earlier this year asking if he would support a new jobs initiative from JPMorgan Chase, he replied with his typical bluntness. FULL ARTICLE

The FACTS: End of the World 2012 phenomenon

Guatemalan Maya natives kneel in front of a temple at the Tikal archaeological site on December 20, 2012. The exquisite site of Mayan ruins began hosting winter solstice ceremonies on Thursday as the region’s indigenous people marked the end of an era. The 2012 phenomenon comprises a range of eschatological beliefs according to which cataclysmic […]

Bloomberg: The Fiscal Cliff Will Drive the U.S. Into Recession

House Speaker John Boehner says he was “flabbergasted” when Treasury Secretary Tim Geithner pitched the White House plan to save the nation from the “fiscal cliff.” FULL STORY

6 Ways The Fiscal Cliff Could Affect You

Federal Reserve chairman Ben Bernanke used the term “fiscal cliff,” it quickly became the newest Washington buzzphrase. As the deadline to avert the cliff nears, it has overtaken the European debt crisis as the most talked-about story in the financial media. The fiscal cliff refers to the enactment of a number of laws that would, […]

The U.S. Recovery Has Been Spectacular*

We need a real recovery. That’s what Mitt Romney said during the campaign, and he was right. Five years since the start of the Great Recession, unemployment is still far too high. It’s not for a lack of optimism among policymakers. As Evan Soltas pointed out, the Federal Reserve keeps predicting that prosperity is just […]

Barack Obama wins election for second term as president

President Barack Obama handily defeated Gov. Mitt Romney and won himself a second term Tuesday after a bitter and historically expensive race that was primarily fought in just a handful of battleground states. Networks project that Obama beat Romney after nabbing the crucial state of Ohio. FULL STORY

VIDEO: Heckler handcuffed, dragged out of Obama rally…

A Pro-Life protester totally hijacked Barack Obama’s rally in Cincinnati on Sunday. The heckler pulled out an abortion poster and started screaming for several minutes until the police came in and dragged him out. FULL STORY

The Best-Capitalized Bank Of Them All?

Surprised? Many are. Not long ago BofA had the worst capital levels among its big bank peers but today the bank reported a Basel III Tier 1 capital ratio of 8.97%–beating JPMorgan Chase, Wells Fargo and Citigroup. FULL STORY

What’s Next for the Son of Asia’s Richest Man?

Richard Li, the son of Asia’s richest man, Li Ka-shing, is known for straying from the family business and venturing into sectors on his own. The WSJ’s Deborah Kan speaks to Dow Jones’ Jeffery Ng about what the younger Mr. Li could be up to next. Source: http://live.wsj.com

Many Regulators Put Their Attention on How JPMorgan Marketed Its Funds

Authorities are responding to current and former JPMorgan financial advisers who said they had felt pressure to sell the bank’s products even when cheaper or better performing options were available. Source: http://dealbook.nytimes.com