Jamie Dimon’s bank has followed Goldman Sachs’ 2011 lead by publishing a report detailing how it has responded to crises. Amid the PR-speak are some worrying admissions and much-needed improvements. Future failures and shareholder concerns will be harder to explain away.

Mary Barra gets a second first year at GM's wheel

The carmaker’s ignition-switch fiasco crashed her debut as CEO. The crisis may, though, have speeded up much-needed changes. Barra needs to show these will stick. She also has to prove the Motown firm is prepared for what may be some of the biggest changes the industry has faced.

Uncle Sam stoked to hash out marijuana in 2015

Now that four U.S. states and D.C. have legalized recreational cannabis, commerce and safety warrant better regulation. But federal rules prohibiting the drug create obstacles. For the fledgling industry to mellow, Washington needs to tweak laws to consent to states’ will.

Inflation could make a surprise comeback

Price and wage increases look like endangered economic species. Falling commodity prices make it hard to imagine a comeback. But many policymakers would welcome a return of mild inflation. They might eventually get more than they want.

Euro zone will flit between crisis and catharsis

Elections in Greece or Spain could trigger fresh crises. Populist parties are on the rise, the economy is stalling and governments are paralyzed by their divisions. On the other hand, the euro zone has stronger banks and an activist ECB. There is cause for hope, but it is tiny.

Cheaper oil no friend to Asia's households

Real wages are growing 2 percentage points below their long-term average, reflecting labour’s weak bargaining power amidst slowing growth. Falling oil prices and low inflation could prompt employers to be even more tight-fisted in 2015. Household finances might wobble.

Bank cyberinsurance is overdue to come of age

It’s a confusing market, but growing fast. No wonder with a huge breach at JPMorgan in 2014, never mind monsters at Sony and Home Depot. Add a Washington campaign, and insurance may become standard. As well as financial cover, that could improve security – but only at the margin.