JPMorgan Chase, the nation's largest bank, said Thursday it has lost $2 billion in a complex hedging strategy over the past six weeks and could lose more. In a conference call to analysts and investors, CEO Jamie Dimon said the 'flawed' hedging strategy was "poorly construc …
The U.S. trade deficit widened more than expected in March as imports surged to a record high, in another sign the government may have to scale back its estimate of first-quarter economic growth. The trade gap grew 14.1 percent to $51.8 billion, the biggest jump in nearly a year, …
Stock market losses accelerated Tuesday as investors grew increasingly worried about problems in the struggling eurozone after weekend elections that stirred uncertainty. The Dow Jones industrial average, which had been down as much as 200 points, was off about 165 or 1.2 percent …
Updated 08:31 a.m. ET: Secretary of State Hillary Clinton said "progress had been made" on a deal over the future of Chen Guangcheng, telling reporters in Beijing she was encouraged by China's suggestions that the blind activist might be allowed to study abroad.&n …
Updated at 11:15 a.m. ET: Blind Chinese activist Chen Guangcheng is under U.S. protection after a bold escape from 19 months under house arrest, sources told NBC News on Monday, a revelation that looked sure to complicate Secretary of State Hillary Clinton's looming trip to …
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JPMorgan discloses $2B in losses in 'flawed' hedging strategy
US trade gap widens as imports surge to record high
Dow off sharply on growing euro fears
Deal nears on China activist Chen as US offers college fellowship
Blind Chinese activist is under US protection, sources tell NBC News
Big US companies adding jobs ... overseas
Claims of woman pregnant with 9 babies debunked
Supreme Court signals it's OK with parts of Arizona's immigration law
Supreme Court to hear Arizona immigration case: Who wins, loses?
Signs of an Asian arms buildup in India missile test