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  • Chase To Cut 17,000 Jobs Over Two Years

    Published February 26, 2013

    J.P. Morgan Chase plans to trim its workforce by about 17,000 over the next two years while also committing to a program of global expansion.

  • Wall Street Braces for a Jam-Packed Week

    Published February 22, 2013

    Get ready for a busy week on Wall Street: Lawmakers will race to avert the full-blown sequester, several key economic reports will be released, and Federal Reserve Chairman Ben Bernanke will testify before Congress. 

  • Madoff: Maintain Scrutiny on Banks, Feeder Funds

    Published February 22, 2013

    In an e-mail to FOX Business on Friday, Bernie Madoff said investigators should maintain their scrutiny on banks he did business with and feeder funds that recruited clients for him.

  • AIG Posts $4 Billion 4Q Loss

    Published February 21, 2013

    Insurer American International Group reported a fourth-quarter loss of $4 billion on Thursday on storm-related losses and the sale of its aircraft leasing business, ILFC.

  • Don't Sweat Rising Interest Rates Just Yet

    Published February 21, 2013

    Inflation hawks hoping the Fed will start raising interest rates from their historically low range of 0%-0.25% shouldn’t hold their breath.

  • Insurers, Investors Should've Seen Medicare Cuts Coming

    Published February 19, 2013

    Proposed rate cuts to a segment of the Medicare program could have a huge impact on insurers that participate and seniors enrolled in the program.

  • Insurers, Investors Should Have Seen Medicare Cuts Coming

    Published February 19, 2013

    The government is scaling back payments to an important Medicare program and the impact could be huge on insurers that participate in seniors enrolled in the program.

     

  • Goldman: Economy to See Substantial Growth

    Published February 18, 2013

    A Goldman Sachs report says the U.S. economy will continue to see sluggish growth this year but should see a 'substantial acceleration' in 2014.

  • Comcast to Buy GE Stake in NBCUniversal

    Published February 12, 2013

    Comcast said it would buy General Electric's 49% equity stake in their NBCUniversal joint venture for about $16.7 billion.

  • Apple Chief Cook Steps Up Offense on Einhorn Suit

    Published February 12, 2013

    Apple CEO Tim Cook described as 'bizarre' a hedge fund’s efforts to force the technology giant to spend its $137 billion in cash holdings.