The settlement announced Tuesday requires JPMorgan to pay $9 billion and provide $4 billion in consumer relief, including principal reductions and other mortgage modifications for homeowners facing foreclosure.
Gov. Andrew Cuomo did not mince words about the Long Island Power Authority’s handling of superstorm Sandy and the snowstorm that followed. So now, Newark-based PSEG has set up a subsidiary on Long Island.
Stocks have been rising sharply this year as the U.S. economy improves, companies report bigger profits and the Federal Reserve keeps up its easy-money policies.
In the face of racial profile allegations against Barneys New York, rapper Jay-Z says he will still sell his clothing line at the store.
Fuel Prices are falling and home owners may be in a position to cash in on the lowest oil heating prices all year.
The land is privately owned by National Grid, which plans to sell the property. The land is zoned for industrial use. Many residents are OK with that because they say without tax revenue from industry, they’ll be hit with huge school tax hikes.
Former members Joseph and Liza Garrubbo claim in the suit that they lost most of their privileges at the club because they pushed for gender equality.
The trend puts participants in rooms that range from a toasty 82-degrees to a nearly oppressive 95-degrees, more than 20-degrees warmer than recommended.
High-tech features like crash avoidance systems and auto-assisted parking are convenient options for anybody in the market for a new car, but they are also leading to a new series of concerns.
Heirs of Malcolm X have gone to court to stop a Chicago company from publishing a diary of the activist leader’s last year.
One of the world’s most powerful hedge funds pleaded guilty this week to insider trading charges.
Chrysler is recalling 1.2 million Ram trucks to fix front-end problems that could lead to steering troubles.
As of Jan. 1, 2014, workers making minimum wage will earn $8.25 an hour, $1 more than they do currently.
Twitter’s stock debut up 73 above its IPO price. Twitter’s trading debut is the most highly anticipated since Facebook’s last year. Twitter will trade under the ticker symbol “TWTR.”
The days of standing in line with a pack of movie candy and the latest DVD release, and returning your movies and games to the drop chute, are set to come to an end permanently.
Employees and supporters demonstrate outside of a Wendy’s fast-food restaurant to demand higher pay and the right to form a union.
Now that’s rich! While some may still be pinching pennies here are some people where the words “economic crisis” don’t seem to apply. These are the 10 richest people in the world, according to Forbes.