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But Jamie Dimon also said mistakes are a part of capitalism.

At issue is whether the University of Texas, Austin discriminated against a white applicant when it did not offer her a spot. At Wednesday's argument, a court majority seemed poised to reverse or severely cut back previous decisions related to affirmative action programs in college admissions.

Jim Lehrer was slammed for losing control of last week's presidential debate, and Martha Raddatz is confronting criticism in the lead-up to Thursday's VP battle. But how much control can a moderator exert over ambitious and strong-willed candidates, especially when the stakes are so high?

This week marks the 50th anniversary of the Second Vatican Council, or Vatican II, which opened the Catholic Church's window onto the modern world. Among other things, it gave a larger role to lay people and updated the liturgy. But the changes provoked a backlash, the effects of which are being felt even today.

Republican U.S. Sen. Scott Brown and his Democratic challenger Elizabeth Warren are hoping to use the momentum of their third debate to reach out to…

It was anything but sunny on Wednesday morning, but a crew from Kirchhoff Green Energy in Pleasant Valley was installing solar panels on the roof of the…

Sandra Fluke, thrust into national prominence when Republicans blocked her from testifying before a House Committee, and who was subsequently attacked by…

51% Episode 1214Oct 18, 2012Recent news reports have focused on the challenges faced by today’s workers – there’s no way to leave your job at the office…

Turkey said it confiscated illicit cargo, while Russia called the incident a case of "air piracy."

RealtyTrac, a foreclosure tracking firm, says the foreclosure filings dropped significantly in September. But the report shows they have gone up in states that hadn't had problems until now.