Personal Economics
  • Los Angeles sues JPMorgan, alleges discriminatory lending

    Los Angeles sues JPMorgan, alleges discriminatory lending

    By Jonathan Stempel, Reuters

    (Reuters) - The City of Los Angeles has sued JPMorgan Chase & Co <JPM.N>, accusing the largest U.S. bank of engaging in discriminatory mortgage lending practices that drove up foreclosures...

  • Obama accepts veterans affairs chief resignation with 'regret'

    Obama accepts veterans affairs chief resignation with 'regret'

    By David Lawder and Mark Felsenthal, Reuters

    WASHINGTON (Reuters) - U.S. Veterans Affairs Secretary Eric Shinseki resigned on Friday after a political firestorm over widespread delays in veterans' medical care, leaving President Barack Obama...

  • Capital concerns hit BNP Paribas on report of $10 billion U.S. fine

    Capital concerns hit BNP Paribas on report of $10 billion U.S. fine

    By Alexandre Boksenbaum-Granier and Lionel Laurent, Reuters

    PARIS/LONDON (Reuters) - Fears that a looming U.S. fine on BNP Paribas BNPP.PA could be big enough to force it to raise capital and restrict its dividends hit France's biggest bank on Friday, driving...

  • Republicans attack Obama over veterans scandal

    Republicans attack Obama over veterans scandal

    By Susan Cornwell and David Lawder, Reuters

    WASHINGTON (Reuters) - Republicans stepped up their attacks on the Obama administration over a deepening Veterans Affairs healthcare delay scandal on Thursday, but House Speaker John Boehner again...

  • Exclusive: Medicare on drugs: 24,000 tests for 145 patients

    Exclusive: Medicare on drugs: 24,000 tests for 145 patients

    By M.B. Pell and Sharon Begley, Reuters

    NEW YORK (Reuters) - Three Connecticut doctors billed Medicare for nearly 24,000 drug tests in 2012 - on just 145 patients. Despite the extraordinary number, Medicare administrators paid the doctors...