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The Cost of Economic Inequality

A discussion about the role of income inequality in today's economy and its consequences for our future.


JPMorgan's $2 Billion Loss, Explained

JPMorgan's "many errors, sloppiness and bad judgment" will hurt the bank's reputation and bolster support for rules limiting banks' ability to make speculative bets.

JPMorgan 'Rogue Trader' Losses Send Chills Through Markets

The largest U.S. bank lost $2 billion due to a single, London-based "rogue trader," the company's CEO admits.

Freddie Mac Names Retired JPMorgan Official CEO

Mortgage broker Freddie Mac named Donald Layton as its new chief executive officer. Layton worked for JPMorgan Chase for nearly 30 years before retiring in 2004.

Chefs Fight California's Foie Gras Ban

California is set to impose the nation's first statewide ban on foie gras this summer. Nearly eight years have passed since the bill enacting the ban was signed.

Candidates Must Juggle Inconsistent Economic Data

Every day there's a new economic indicator. Some are up. Some are down. And all are spun by the political parties.

Consumers To Spend More On Mom This Mother's Day

According to a survey by the National Retail Federation, mothers will be treated to a little more this holiday. All told, American consumers are expected to spend about $18.6 billion on the moms, stepmoms or grandmas in their lives.