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JPMorgan Chase CEO To Testify On Trading Losses

Jamie Dimon will be on Capitol Hill on Wednesday testifying about massive trading losses at the nation's biggest bank. The CEO of JPMorgan Chase is expected to apologize for a hedging strategy that led to a multibillion-dollar loss. In prepared remarks, Dimon says despite those losses, the bank's overall balance sheet remains solid.
NPR

Study Of Bank-Robbing Shows It Isn't A Lucrative Job

A team of economists studied bank heists in the U.S. and U.K. to figure out whether bank robbery is a lucrative profession. The research, published in the journal Significance, found the average takeaway per robber is about $4,000 in the U.S. There's a much better return in the U.K., closer to $20,000.
NPR

Study: Working Women Don't Play 'Queen Bee'

A new study of global business refutes the notion of the queen bee — the often cited assertion that women are reluctant to help other women and will undermine each other to get ahead. In fact, the study shows that women are more likely to develop new talent — especially other women — than men are.
NPR

Spain's Bank Yenta On What Went Wrong

Spain's plan to combine small banks didn't go so well. The man who helped make it happen explains.
NPR

Farmers Split Over Subsidies As Senate Farm Bill Debate Begins

Midwestern farmers experiencing unusually good yields are OK with losing some farm bill subsidies as Congress negotiates changes this year. But some of their Southern counterparts are arguing against it.
NPR

Why The Farm Bill's Provisions Will Matter To You

The bill covers everything from farm subsidies and crop insurance to forestry, food stamps and school lunches.
NPR

Credit Card Debt Cut: The Reason May Surprise You

A new study showing that Americans lost nearly 40 percent of their wealth in the Great Recession turned up another notable result: Credit card debt also fell sharply; the median family's balance tumbled 16 percent. But it's not just because people rushed to pay off their plastic.

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