Google is offering a test for depression

Google has a new feature designed to help people suffering from depression.

Users in the United States who search for “depression” or “clinical depression” will now be offered a questionnaire to test their depression levels and help determine whether they should seek professional help, Google said in a blog post.

Users who search for information on depression will be shown a box at the top of their screen encouraging them to “check if you’re clinically depressed.” The clinically validated test, called PHQ-9, asks about energy, appetite and concentration levels, among other things.

The tech firm said it recognized that the information was “sensitive and private,” and that it would not store the responses.

Google said the initiative was developed in partnership with the National Alliance on Mental Illness (NAMI).

“The results of the PHQ-9 can help you have a more informed conversation with your doctor,” wrote Mary Giliberti, CEO of NAMI.

Clinical depression affects roughly one in five Americans at some point in their lives. But individuals with depression symptoms take an average of six to eight years before they seek professional help, according to NAMI.

“We hope that by making this information available on Google, more people will become aware of depression and seek treatment to recover and improve their quality of life,” explained Giliberti.

Research released in May found the percentage of younger children and teens hospitalized for suicidal thoughts or actions in the U.S. has doubled over nearly a decade.

DoJ vs big banks: $60 billion in fines for toxic mortgages

— LONDON — Since the global financial crisis, the world’s largest banks have agreed to pay close to $60 billion in fines just to the U.S. Department of Justice for creating and selling toxic mortgage-backed investments.

These don’t include the tens of billions that the banks have also paid in connection with lawsuits from investors or other federal agencies.

The web of complex mortgage-based financial products they created are largely to blame for creating the global financial crisis of 2007 and 2008, which ultimately led to the Great Recession.

The latest banks to be fined just in the last 24 hours are Germany’s Deutsche Bank and Switzerland’s Credit Suisse, which agreed to multi-billion dollar settlements with the U.S. Department of Justice, worth a combined $12.5 billion.

A majority of that money will go directly towards programs designed to help homeowners and borrowers.

The Justice Department announced Thursday that its next target is British bank Barclays. It’s accusing the bank of fraudulently selling shady mortgage-backed securities that left its clients with billions of losses.

Here’s a breakdown of some of the biggest banks and their settlements with the Justice Department in the last few years, ordered from oldest to newest:

JP Morgan – $13 billion (2013) Citigroup – $7 billion (2014) Bank of America – $16.7 billion (2014) Goldman Sachs – $5.1 billion (2016) Morgan Stanley – $3.2 billion (2016) Deutsche Bank – $7.2 billion (this week) Credit Suisse – $5.3 billion (this week)

The fines were the result of investigations into widespread fraud and abuse in the mortgage market and were pursued by multiple U.S. government agencies.

The DoJ has said that the banks packaged poor-quality mortgages into investments and sold them to clients globally. When the mortgages soured, investors lost billions.

“Abuses in the mortgage-backed securities industry helped turn a crisis in the housing market into an international financial crisis,” said Benjamin Wagner in 2013, when he was the U.S. Attorney for the Eastern District of California.

But these settlements don’t paint the whole picture. Banks have also paid out billions more to settle other mortgage-related lawsuits from that period.

For example, Bank of America paid nearly $12 billion in 2012 to help settle lawsuits over wrongful foreclosures.

Earlier this year, Wells Fargo agreed to pay $1.2 billion for shady mortgage lending practices between 2001 to 2008. This deal was also settled with the Justice Department.

Stocks rally again; Bond market bombs; Japan’s GDP surprise

— LONDON — 1) Investors rush into stocks, ditch bonds: Investors continue to shovel their money into stocks following last week’s U.S. election.

Many analysts had expected markets to drop sharply if Donald Trump was elected, but the opposite has happened.

U.S. stock futures are rising again and European markets are all up Monday, with many key indexes gaining about 1%.

Trump has promised to pursue many pro-business policies and cut taxes, at the expense of the environment and global trade relations. Investors are taking this as a buying signal.

Meanwhile, traders are ditching government bonds around the world.

“Expectations of U.S. tax cuts and higher spending have increased prospects for more bond issuance and higher inflation in the U.S.,” said Lina Fransson, a fixed-income strategist at Swedish bank SEB.

Last week, the Dow Jones industrial average shot up 5.4%, while the S&P 500 and Nasdaq gained 3.8%.

2) Takeover time: Samsung Electronics has announced it’s taking over Harman International Industries, a U.S. company known for developing connected car systems and audio products.

Samsung is paying about $8 billion in cash to do the deal, or $112 per share. That’s a 28% premium over Harman’s closing share price on Friday.

“The transaction will immediately give Samsung a significant presence in the large and rapidly growing market for connected technologies, particularly automotive electronics,” the company said in a statement.

More than 30 million vehicles globally are currently equipped with Harman connected car and audio systems.

3) Japan’s GDP surprise: New data show Japan’s economy grew at an annualized 2.2% in the third quarter, faster than economists had been expecting.

Japan’s central bank has been using a range of moves to stimulate the sluggish economy and boost inflation.

“Combined with the recent weakening of the yen, today’s figures … reduce the pressure on the Bank of Japan to introduce more stimulus,” said Marcel Thieliant, a senior economist at Capital Economics.

4) Coming this week: Monday – Los Angeles Auto Show begins Tuesday – Megyn Kelly book release, Home Depot earnings Wednesday – Target earnings Thursday – Walmart earnings; Janet Yellen testifies about economic outlook Friday – “Fantastic Beasts and Where to Find Them” release, “The Grand Tour” premieres on Amazon Prime.