JPMorgan profit shrinks as it sets aside $3B for deposit insurance fund

“Making Money” host Charles Payne said on “The Big Money Show” that this week's bank earnings will provide a glimpse of the stability of the U.S. economy. JPMorgan Chase & Co. reported its best annual profit on record, with interest income in 2024 meeting expectations, even as quarterly profits were hurt by a $3 billion […]
House Judiciary passes resolution to hold Hunter Biden in contempt of Congress, sets up full floor vote

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California sets a special election for US House seat left vacant by exit of former Speaker McCarthy

California Democratic Gov. Gavin Newsom on Monday set a special election date for mid-March to fill the U.S. House seat vacated by former Speaker Kevin McCarthy. In a statement, Newsom set a preliminary date for the 20th Congressional District election for March 19. If no candidate receives a majority of votes, the top two vote-getters […]
War veteran sets major fundraising record in bid to flip crucial Senate seat from Democrats

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Holiday spending sets new record online: Report

Online spending during the 2023 holiday season hit a new record, according to a recent report from data firm Adobe Analytics. The numbers are Released on ThursdayFrom Nov. 1 to Dec. 31, online spending on retailer websites and apps jumped nearly 5% to a record $222.1 billion, according to the report. This is an increase […]
Pennsylvania pot-bellied pig sets owner’s house on fire

A pig seeking extra heat was responsible for setting a house on fire in Pennsylvania, its owner said. A family in Slippery Rock, Pennsylvania, said a pot-bellied pig set their house on fire after stacking too much hay near a heat lamp to stay warm. The family talked about WTAE 4 ABC He said he […]
South Africa’s genocide case against Israel sets up a high-stakes legal battle at the UN’s top court

THE HAGUE, Netherlands (AP) – South Africa has filed a lawsuit with the United Nations Supreme Court alleging that Israel's military operation in Gaza amounts to genocide. The application, and Israel's decision to defend itself at the International Court of Justice, set off a high-stakes showdown before the Grand Chamber's panel of judges. More than […]
Georgia inmate allegedly sets fire to jail cell in Atlanta

An inmate set a cell on fire at an Atlanta prison, but the fire was quickly extinguished and no one was injured, authorities said. A fire at the Fulton County Jail was extinguished by jail staff. The Atlanta Fire Department also responded to the scene. It is unclear how the prisoners started the fire. Fulton […]