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JPMorgan sets aside less pay for staff

Jamie Dimon

JPMorgan Chase set aside 3% less to pay employees at its investment bank in the first nine months of 2014 as revenue in the division slumped, driven by a 12% drop in fixed-income trading.

Wall Street passing out cash to boost GOP hopefuls

Wall Street sign

Wall Street is spending more on midterm elections than ever before-particularly in support of Republicans, who have a good shot of taking control of the Senate. But the donations are not coming from who you might think.