Kevin Matheny

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JP Morgan expected to be sued by Justice Department over mortgage bonds

The US Justice Department is preparing to sue JP Morgan Chase over mortgage bonds it sold in the run-up to the financial crisis, according to reports.<p>A lawsuit, first reported by Reuters, could come as early as Tuesday, people familiar with the matter said.<p>JP Morgan spokesman Brian Marchiony and …

Associated Press News

Power Your Portfolio With The Mass Index

The majority of technical tools that I use in my analysis and discuss in my trading lessons are ones that I have used for decades or are strategies that have evolved over the years. I was fortunate in the early 1980s to have access to CompuTrac, which included the majority of today’s most …

Libya at a crossroads as strikes threaten oil supplies

Libya is facing its most critical moment since the ousting of Muammar Gaddafi with armed groups blockading oil fields and terminals, choking output to a 10th of normal levels and threatening economic disaster.<p>With the government forced to import fuel to keep power stations running and queues …

UK small business-owners 'work fewest hours'

<b>Small business owners in the UK work fewer hours than their counterparts in the US, Germany, France, Netherlands or Spain, according to a survey.</b><p>Research funded by Hiscox surveyed 500 small businesses in the six countries.<p>The UK entrepreneurs polled worked an average of 37.6 hours a week compared …