Ken Sweet

JPMorgan Chase's office in London's Canary Wharf

Jeffrey Epstein victims settle sex trafficking lawsuit against JPMorgan for $290 million

June 12, 2023 at 11:01 a.m.

JPMorgan Chase announced a tentative $290 million settlement Monday with the victims of Jeffrey Epstein who had accused the bank of being the financial conduit that allowed the financier to...

FILE – A Wells Fargo sign stands in front of a branch of the bank in Bradenton, Fla., Tuesday, Feb. 22, 2022. Consumer banking giant Wells Fargo is being ordered to pay $3.7 billion in fines and refunds to customers by U.S. government regulators, the largest fine to date against the bank. (AP Photo/Gene J. Puskar, File)

Wells Fargo to pay $3.7B over consumer law violations

December 20, 2022 at 10:25 a.m.

WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed customers by charging illegal fees and interest on auto loans and...

En esta imagen tomada de una entrevista con ABC News se muestra a Sam Bankman-Fried, exdirector general de FTX. (Good Morning America/ABC News vía AP)

FTX founder charged in scheme to defraud crypto investors

December 13, 2022 at 5:13 p.m.

NEW YORK (AP) — The U.S. government charged Samuel Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes on Tuesday, alleging he intentionally...

FILE – A 65-inch television is shown at a warehouse, Thursday, June 17, 2021, in Lone Tree, Colo. Buy now, pay later loans allow users to pay for items such as new sneakers, electronics or luxury goods in installments. (AP Photo/David Zalubowski, File)

As “buy now, pay later” plans grow, so do delinquencies

September 15, 2022 at 10:55 a.m.

Americans have grown fond of “buy now, pay later” services, but the “pay later” part is becoming increasingly difficult for some borrowers.

Ruble plummets as sanctions bite, sending Russians to banks

February 28, 2022 at 1:13 p.m.

MOSCOW (AP) — Ordinary Russians faced the prospect of higher prices and crimped foreign travel as Western sanctions over the invasion of Ukraine sent the ruble plummeting, leading uneasy depositors...

A Ukrainian soldier walks past debris of a burning military truck, on a street in Kyiv, Ukraine, Saturday, Feb. 26, 2022. Russian troops stormed toward Ukraine’s capital Saturday, and street fighting broke out as city officials urged residents to take shelter. (AP Photo/Efrem Lukatsky)

West unleashes SWIFT bans, more crushing penalties on Russia

February 27, 2022 at 3:38 p.m.

The United States and European nations agreed Saturday to impose the most potentially crippling financial penalties yet on Russia over its unrelenting invasion of Ukraine, going after the central bank...

Diana Merchant self-tests for COVID-19 at a No Cost COVID-19 Drive-Through testing provided the GUARDaHEART Foundation at the Guirado Park in Whittier, Calif., Tuesday, Jan. 25, 2022. With the brutal omicron wave rapidly easing its grip, new cases of COVID-19 in the U.S. are falling in 49 of the 50 states. (AP Photo/Damian Dovarganes)

U.S. death toll from COVID-19 hits 900,000, sped by omicron

February 4, 2022 at 4:07 p.m.

Propelled in part by the wildly contagious omicron variant, the U.S. death toll from COVID-19 hit 900,000 on Friday, less than two months after eclipsing 800,000.

Diana Merchant self-tests for COVID-19 at ...

U.S. death toll from COVID-19 hits 900,000, sped by omicron

February 4, 2022 at 4:01 p.m.

Propelled in part by the wildly contagious omicron variant, the U.S. death toll from COVID-19 hit 900,000 on Friday, less than two months after eclipsing 800,000.

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI) at a foreign exchange dealing room in Seoul, South Korea, Friday, Nov. 26, 2021. Asian stock markets sank Friday as traders watched a surge in coronavirus cases in Europe and anti-disease controls that threaten to disrupt trade and travel.(AP Photo/Lee Jin-man)

Stocks sink on new COVID variant; Dow loses 905 points

November 26, 2021 at 12:24 p.m.

Stocks sank Friday, with the Dow Jones Industrial Average briefly falling more than 1,000 points, as a new coronavirus variant first detected in South Africa appeared to be spreading across...

Americans sour on economy amid inflation woes, according to poll

November 1, 2021 at 8:58 p.m.

Americans’ opinions on the U.S. economy have soured noticeably in the past month, a new poll finds, with nearly half expecting economic conditions to worsen in the next year.

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Ken Sweet

All Stories

Jeffrey Epstein victims settle sex trafficking lawsuit against JPMorgan for $290 million

Wells Fargo to pay $3.7B over consumer law violations

FTX founder charged in scheme to defraud crypto investors

As “buy now, pay later” plans grow, so do delinquencies

Ruble plummets as sanctions bite, sending Russians to banks

West unleashes SWIFT bans, more crushing penalties on Russia

U.S. death toll from COVID-19 hits 900,000, sped by omicron

U.S. death toll from COVID-19 hits 900,000, sped by omicron

Stocks sink on new COVID variant; Dow loses 905 points

Americans sour on economy amid inflation woes, according to poll