financial services

JPMorgan 1Q Profit Jumps 11%

JPMorgan Chase reports an 11 percent rise in first-quarter profit, helped by strong results in the bank's currency, commodities and fixed income business.

Does Everyone Need a Credit Card?

Living debt-free is great, but you're missing out on a lot of benefits if you're among the 30 percent of Americans living without plastic.

Costco Moves into Mortgage Loans

There doesn't seem to be anything under the sun that Costco doesn't sell, including mortgage loans. The retailer's new online financial offering had been in testing mode for the past year, and it has worked so well that it has now been launched publicly.

Financial Industry Gets Social to Lure Young Money

At least $1 trillion will move from one generation to the next by 2025, and when assets change owners, advisers usually fall by the wayside. But certain parts of the financial services industry are finally adapting they way they communicate with these wealthy, younger potential clients.

The 25 Companies That Cut 700,000 Jobs

Since the recession began, more than 8 million Americans have lost their jobs. But perhaps even more surprising is the small number of companies that are responsible for laying off such a large percentage of today's unemployed workers.

Harley-Davidson Earnings Rise Over Threefold on Financial Services

Harley-Davison, Inc (HOG) said second-quarter earnings rose more than threefold on a strong performance from its financial-services unit. Earnings per share from continuing operations was 59 cents in the second quarter, compared with 14 cents in the second quarter of 2009, the company said in a statement. Net income from continuing operations rose to $139.3 million, from $33.4 million a year ago.