Bank of America posts third-quarter profit drop due to $1.2 billion Treasury fine; shares decline

CNBC - Oct 14, 2026

The U.S. Treasury Department announced a $1.2 billion penalty against Bank of America on Tuesday.

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China’s Exports Soar, Putting Its Trade Surplus on Track for a Record
Oct 14, 2026

China’s Exports Soar, Putting Its Trade Surplus on Track for a Record

China’s exports grew last month at the fastest pace in almost any month since the end of the global financial crisis.

Bank of America Fined $1.2 Billion for Lax Money-Laundering Oversight
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Bank of America Fined $1.2 Billion for Lax Money-Laundering Oversight

Federal regulators said the bank had waved through suspicious transactions without proper care.

Bank of America hit with $1.2bn fine for money laundering failings
Oct 14, 2026

Bank of America hit with $1.2bn fine for money laundering failings

The bank inadequately flagged transactions linked to potential Chinese money laundering networks, the Treasury said.

How China's growth shapes global cooperation and our shared future
Oct 14, 2026

How China's growth shapes global cooperation and our shared future

How China's growth shapes global cooperation and our shared future

Senators Urge Trump to Reverse Diesel Deal With Putin
Oct 14, 2026

Senators Urge Trump to Reverse Diesel Deal With Putin

A bipartisan group of 12 senators called on the president to drop his decision to ease sanctions on Russia’s exports of diesel fuel, saying the deal would help Moscow continue the war in Ukraine.

Lawyer for Fed Governor Cook Denounces Trump’s New Investigation
Oct 14, 2026

Lawyer for Fed Governor Cook Denounces Trump’s New Investigation

A lawyer for Lisa Cook raised “significant concerns” over the “objectivity and fitness of the committee” assembled by President Trump as a way to remove her as a governor at the Federal Reserve.

How long will humans be needed for translation?
Oct 13, 2026

How long will humans be needed for translation?

AI dominates the translation business, but for high-stakes work, humans are still needed.

Police Identify 42-Year Old Man Killed at Six Flags Over Georgia
Oct 13, 2026

Police Identify 42-Year Old Man Killed at Six Flags Over Georgia

The police identified the 42-year-old man who died at Six Flags Over Georgia on Monday. The company said it was temporarily closing multiple rides in the U.S. and Canada as a precaution.

Saudi employee charged with planting recording device in OpenAI office
Oct 13, 2026

Saudi employee charged with planting recording device in OpenAI office

Prosecutors say the device, wrapped in toilet paper, was found inserted in a USB port on the back of a TV in an executive conference room.

Judy Markey, Frank and Funny Voice on Chicago Radio, Dies at 82
Oct 13, 2026

Judy Markey, Frank and Funny Voice on Chicago Radio, Dies at 82

She and Kathy O’Malley — known as “the Girlfriends” — were the rare female hosts in a major market. Their freewheeling segments included “Sex Thursday.”

Chip Stocks Tumble on A.I. Spending Fears and Rising Chinese Competition
Oct 13, 2026

Chip Stocks Tumble on A.I. Spending Fears and Rising Chinese Competition

South Korean stocks tumbled in particular, as reports of a breakthrough by a Chinese chip rival heightened concerns about competition.

Rising Interest Rates Bite Some Wall St. Banks
Oct 13, 2026

Rising Interest Rates Bite Some Wall St. Banks

JPMorgan released surprisingly spotty earnings results for the third quarter, while Goldman Sachs and Citi posted better-than-expected results, reflecting a choppy trading environment.

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