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JPMorgan moved $1.1 million from Jeffrey Epstein to ‘women or girls’ after terminating client relationship, U.S. Virgin Islands alleges

JPMorgan Chase handled more than $1.1 million in payments from Jeffrey Epstein to “girls or women” after the giant bank…
Politics

Senators spar over whether CFPB has the power to root out junk fees

WASHINGTON — Members of the Senate Banking Committee jostled Wednesday over whether the leading U.S. consumer protection agency has the…
Politics

JPMorgan Chase exec Erdoes sought tax advice, Madoff intel from Epstein, suit alleges

JPMorgan Chase executive Mary Callahan Erdoes sought advice for a $600 million tax issue from disgraced former financier Jeffrey Epstein…
Politics

Senate panel probes billionaire Leon Black’s $158 million in payments to Jeffrey Epstein

A Senate panel on Tuesday revealed a yearlong investigation into Apollo Global Management co-founder Leon Black’s ties to the late…
Economy

Federal Reserve officially launches new FedNow instant-payments service

The Federal Reserve launched its FedNow instant-payments service Thursday, following several years of developing a system officials say will allow…
Politics

Junk fees, medical debt and artificial intelligence: CFPB chief lays out regulatory agenda

Rohit Chopra has lofty plans for the Consumer Financial Protection Bureau to tackle artificial intelligence threats, medical-debt reporting, exorbitant credit…
Finance

Stocks making the biggest moves midday: Carvana, Goldman Sachs, AT&T and more

Check out the companies making headlines in midday trading. Carvana — Shares soared 40.2% after the used-car retailer reached a…
Finance

Goldman Sachs misses on profit after hits from GreenSky, real estate

Goldman Sachs on Wednesday posted profit below analysts’ expectations amid write-downs tied to commercial real estate and the sale of…
Politics

5 things to know before the stock market opens Tuesday

Here are the most important news items that investors need to start their trading day: Stock futures barely budged Tuesday…
Finance

Morgan Stanley beats estimates on record wealth management revenue

Morgan Stanley on Tuesday posted second-quarter earnings and revenue that topped analysts’ expectations, helped by record wealth management results. Here’s…