The Nation - JPMorgan Chase, the star of mega-banks, is up against the wall at the Justice Department, trying to settle its myriad crimes for $13 billion. That’s real money, even for a trillion-dollar bank. So this is progress. After years of scandalous indifference, the Obama administration appears to have found its backbone. Read more.
Three German parties have reached a deal to form a new government that will end the era of longtime Chancellor Angela Merkel, according to Olaf Scholz, who is poised to replace her. Read more.