JPMorgan can deduct big chunk of $13 billion deal

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Many costs associated with corporate legal cases are treated as deductible under the tax code, in much the same way that a company’s other expenses are. The one exception: Penalties paid to the government. Czytaj dalej

JPMorgan agrees to $13 billion mortgage settlement

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Bank to pay record penalty, admits wrongdoing in selling of securities before the financial crisis.. Czytaj dalej

Government set to announce $13B settlement with JPMorgan

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Bank expected to pay for allegedly misrepresenting quality of risky mortgage securities in the financial crisis. Czytaj dalej

China reforms boost stocks

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China’s economic reform agenda could benefit range of industries, from baby formula makers to construction companies. Czytaj dalej

Federal cuts hit seniors who live at home

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The pain of sequester is hurting seniors who get government services like rides to grocery stores and doctor appointments. Czytaj dalej

OECD cuts world growth forecast

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Another month, another downgrade for the world economy, this time from the Organization for Economic Co-operation and Development. Czytaj dalej

Tech firms now hiring more women than men

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The tables have turned in the tech world. About 60% of all new tech hires are women Czytaj dalej

The split economy

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Every day brings a reminder of the rich making and spending huge sums of money while the poor struggle to support their basic needs. Czytaj dalej

Asia stumble a major global risk

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What if China and India — the two big growth engines — slowed suddenly and dramatically? Czytaj dalej

China reforms boost stocks from baby formula to construction

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China’s economic reform agenda could benefit range of industries, from baby formula makers to construction companies. Czytaj dalej

More Madoff victims eligible for money

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Victims of infamous Ponzi schemer Bernie Madoff who had money invested through outside „feeder funds” are now eligible to seek compensation. Czytaj dalej

Madoff victim pool expanded

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Victims of infamous Ponzi schemer Bernie Madoff who had money invested through outside „feeder funds” are now eligible to seek compensation. Czytaj dalej

Wal-Mart store’s food drive for its own workers

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A canned food drive to help its workers afford Thanksgiving meals has some saying the retailer doesn’t pay a living wage. Czytaj dalej

Quarter sells for a record $1.5 million

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A quarter sold at a weekend rare-coin auction for $1.5 million, the largest sum ever paid for a 25-cent piece, an auction house said Monday. Czytaj dalej

Missing from Obamacare: Working & middle class

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