Financial Headlines
JPMorgan, energy markets

JPMorgan Blasted Over Energy Market Manipulation

Saturday, May 4, 2013

Financial investigators in the United States have accused the country's biggest bank, JPMorgan Chase & Co, of a range of potentially fraudulent acts, including using manipulation to increase profits in the energy market, two US newspapers reported Friday.

Retirement Finance

Falcone Faces 2-year Ban From SEC, $18 Million Fine

Philip Falcone, the billionaire hedge fund manager, has reached an agreement in principle with the Securities and Exchange Commission to settle civil fraud charges that he used fund money to pay his taxes and favored some clients over others.

College Finance

IRS Education Credit Trips Up Tax Software Users

Hundreds of thousands of taxpayer returns have been delayed by problems with how H&R Block and other software providers submitted a form claiming education credits to the Internal Revenue Service.