JPMorgan Just Released $5B in Reserves -- and It Could Release Billions More
Over the past two quarters, the bank has released billions from reserves it had set aside for potential loan losses. But there could still be more to come.
Over the past two quarters, the bank has released billions from reserves it had set aside for potential loan losses. But there could still be more to come.
President Joe Biden's administration is to report to U.S. lawmakers as soon as Wednesday on whether Israel is violating international humanitarian law or obstructing aid deliveries in Gaza, findings that could fuel concerns over its use of U.S.-supplied weapons against the Palestinian enclave. A National Security Memorandum, known as NSM-20, Biden issued in February requires the State Department to report to Congress by May 8 on whether it finds credible Israel's assurances that its use of U.S. weapons does not violate U.S. or international law. Three sources said on Tuesday the administration had informed congressional committees that it would not make the deadline, but hoped to present its findings within days.
A Calgary 911 operator accused of leaking protected police information to an organized crime group is connected to a man currently serving a six-and-a-half-year sentence for drug trafficking and who is currently before the courts on extortion and weapons offences. Marian Buonincontri, 58, faces charges of breach of trust, fraudulent use of a computer system with intent to obtain computer services and mischief in relation to CPS or RCMP data.The offence dates listed in court documents span from M
The self-proclaimed ‘Special One’ desires a second spell in charge at Old Trafford
A former Kentucky high school star quarterback has committed to UK as a transfer from Rutgers.
The Garrick Club in central London has voted to allow women to become members for the first time in their 193-year history. Speakers in favour of the change included Stephen Fry, James Naughtie, Jonathan Sumption and Nigel Havers, according to The Telegraph.
ATLANTA (AP) — The Atlanta Braves lost another reliever to an injury on Tuesday when they placed left-hander Tyler Matzek on the 15-day injured list with left elbow inflammation. The Braves place right-hander Pierce Johnson on the 15-day IL on Sunday with right elbow inflammation. The move with Matzek came after he allowed three runs while recording only two outs in Saturday night's 11-2 loss to the Los Angeles Dodgers. The 33-year-old has a 9.90 ERA in 11 games this season, allowing 11 runs in
Trump was recently fined for repeatedly violating a gag order that forbade him from publicly discussing witnesses and jurors in his hush money trial. The judge warned incarceration is next if he continues
Former President Donald Trump is on trial in New York City, where he is facing felony charges related to a 2016 hush money payment to adult film actress Stormy Daniels. Trump last April pleaded not guilty to a 34-count indictment charging him with falsifying business records in connection with a hush money payment his then-attorney Michael Cohen made to Daniels in order to boost his electoral prospects in the 2016 presidential election. Defense attorney Susan Necheles played up the animosity Stormy Daniels has for Donald Trump after a California court dismissed a lawsuit she filed against him and awarded Trump legal fees totaling more than a half million dollars.
"You’d get back in bed with your clothes and your school bag and everything and get under the covers," McConaughey recalled on Michele Norris' podcast 'Your Mama’s Kitchen'
Two Ukrainian colonels allegedly recruited by FSB to kill president as inauguration ‘gift’ for Vladimir Putin
Two of the three men charged in the slaying of Canadian Sikh separatist leader Singh Nijjar last June made a brief court appearance on Tuesday morning. Canadian police said Friday they arrested the three Indian nationals in Edmonton, Alberta for shooting and killing the 45-year-old in his pickup truck after he left the Sikh temple over which he presided in the city of Surrey.
The U.S. Commerce Department said on Tuesday it has revoked some licenses that allow companies to ship goods, such as chips, to China's mobile phone and laptop maker Huawei. The decision comes after the release last month of Huawei's first AI-enabled laptop, the MateBook X Pro powered by Intel's new Core Ultra 9 processor. That announcement drew fire from Republican lawmakers, who said it suggests the Commerce Department had given the green light to Intel to sell the chip to Huawei.
The beloved 10-year-old dog still has “lot of pep in her step,” a New York shelter manager said.
On Tuesday, Harris Faulkner and Kennedy Montgomery dismissed Ms Daniels’ claims that she was ‘nervous’ and had ‘blacked out’ during an alleged sexual encounter with the former president
The Milken Institute Global Conference is underway in Los Angeles, California. The institute’s Chairman, Michael Milken, sat down with Tesla (TSLA) and SpaceX CEO Elon Musk to discuss space, artificial intelligence, population growth, and what keeps him up at night. Space (00:00:05) Musk explains that he wants “to be a multi-planet civilization so that we have planetary redundancy, such that no single event can… be the end of our civilization.” AI (00:00:21) “It’s very important to have a maximum truth-seeking AI… and a maximumly curious AI,” Musk notes. While “biological intelligence can serve as a… backstop, as a… buffer of intelligence… almost all intelligence will be digital.” Population Growth (00:00:52) “The more prosperous a civilization and the more a civilization feels that it does need to defend against external threats, the lower the birth rate,” Musk discusses. “You should really think of human civilization as being like a tiny candle in a vast darkness, and we should do everything possible to ensure that… candle does not go out.” For more expert insight and the latest market action, click here.
If former President Donald Trump is jailed for violating the gag order imposed on him by Judge Juan Merchan, New York City's jail system will be ready for him, NYC Mayor Eric Adams said Tuesday during a weekly press conference at City Hall. Adams said that city officials were "prepared for whatever comes on Rikers Island" and confirmed that he's had discussions with the Department of Correction about the possibility that Trump could be sent to the facility.
Columbia University and numerous other schools have refused Gaza solidarity protesters’ demands for divestment. Graig Graziosi explains what exactly protesters are wanting
The show's production company reportedly investigated actress Reece Lyons' claims after her story went viral on X
Ongoing drought conditions across British Columbia have the BC Wildfire Service gearing up for a difficult season, but there is still time for rain to relieve the dryness
A federal appeals court has cleared the way for utilities to finish building a high-voltage power line across a Mississippi River refuge. American Transmission Company, ITC Midwest and Dairyland Power Cooperative are in the final stages of constructing a 102-mile (164-kilometer) transmission line linking Iowa’s Dubuque County and Wisconsin’s Dane County. About a mile of the line (1.6 kilometers) would cross the Upper Mississippi River National Wildlife and Fish Refuge near Cassville, Wisconsin.