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Earnings Report

In JP Morgan's 3Q, consumer banking offsets drop in trading

JPMorgan Chase & Co. third-quarter profits rose 7 percent from a year earlier, as the bank as able to increase revenue in its consumer banking business even though the company had to set aside additional funds to cover bad loans, most notably in its credit card division.

Wall St. falls as banks weigh; AT&T slumps

U.S. stocks edged lower on Thursday as bank shares fell following quarterly results from JPMorgan and Citigroup, while AT&T tumbled 6 percent after it said it lost subscribers in the last quarter.

Wall St. falls as banks weigh; AT&T slumps

U.S. stocks edged lower on Thursday as bank shares fell following quarterly results from JPMorgan and Citigroup, while AT&T tumbled 6 percent after it said it lost subscribers in the last quarter.