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JPMorgan Chase’s profit jumps 23 percent in 3Q

By STEPHEN BERNARD, AP Business Writer NEW YORK – JPMorgan Chase & Co. said Wednesday that its third-quarter profit jumped 23 percent because the banking giant was able to set aside less money to cover loan losses.   CEO Jamie Dimon did warn that loan losses are still high in […]

Stock futures climb on upbeat Intel, CSX earnings

  By STEPHEN BERNARD, AP Business Writer NEW YORK – Upbeat earnings from JPMorgan Chase, Intel and CSX helped push stock futures higher Wednesday.   With earnings releases picking up, traders turned their attention from the Federal Reserve’s likely move to stimulate the economy to whether companies can continue to […]

States set to unveil joint probe into foreclosures

  By ALAN ZIBEL, AP Real Estate Writer WASHINGTON – Up to 40 state attorneys general are preparing to launch a joint investigation into the mortgage industry over the foreclosure-document mess.   If the states have their way, mortgage companies will have to revamp the way they handle foreclosures, pay […]