JPMorgan Chase & Co. has agreed to pay $5.1 billion to settle claims with the Federal Housing Finance Agency related to its mortgage-backed securities and home loans sold to Freddie Mac and Fannie Mae. The settlement resolves part of a $13 billion deal New York-based JPMorgan (NYSE: JPM) is negotiating with the government and the firm’s largest mortgage-backed securities case.

US Department of Education gives Arizona $11 million for literacy development
By KTAR The Arizona Education Foundation (AEF) is receiving an $11.5-million grant from the U.S. Department of Education for a statewide literacy development program. The

