Economy Oct 20

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J.P. Morgan’s $13 billion penalty

A tentative deal was reached yesterday between the Justice Department and JP Morgan Chase. The agreement would require chase, the nation's largest bank, to pay a record 13-billion dollar penalty. Dawn Kopecki, a banking reporter with Bloomberg News, who has…

JPMorgan Chase World Headquarters on Park Avenue in New York City. Photo by Timothy A. Clary/AFP/Getty Images. Paul Solman answers questions from the NewsHour audience on business and economic news here on his Making Sen$e page. Here is Tuesday's…