The multi-billion dollar fraud lawsuit against JPMorgan Chase for alleged misconduct at Bear Stearns may be just the beginning in a wave of cases brought against financial firms for their practices before the financial crisis, New York State Attorney General Eric Schneiderman told CNBCs Power Lunch on Tuesday. hr<!-- -->
Michael Lewis, acclaimed author of "Boomerang," "The Big Short," "Moneyball" and "The Blind Side," was given exclusive access for six months with President Obama. Lewis wrote an in-depth profile on the president for Vanity Fair's October issue. He discussed his experience on CNBC's "Power Lunch" and at length off-air.
Stocks eased off their worst levels to end mostly flat in another thin session Monday, but still remained around four-year highs, lifted by gains in techs.
Minutes after New York State’s Department of Financial Services announced a $340 million settlement with British bank Standard Chartered for doing business in Iran, the main lobby group pushing for increased sanctions against anyone doing business with the Islamic Republic issued a statement of its own.