| Jan 3, 2014
| 7:00 AM
WASHINGTON -- Fannie Mae and Freddie Mac collected $7.9 billion from large financial institutions to settle suits over bad mortgage-backed securities purchased by the seized housing finance giants during the subprime housing boom, their federal regulator...
| Jan 10, 2014
| 8:35 AM
WASHINGTON -- President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two other people for seats on the central bank's Board of Governors, the White House said Friday....
| Jan 10, 2014
| 5:43 PM
WASHINGTON — President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two others for seats on the central bank's Board of Governors, the White House said.
| Jan 13, 2014
| 7:10 AM
WASHINGTON -- The nomination of former Bank of Israel head Stanley Fischer to be Janet Yellen's lieutenant gives the Federal Reserve a "Dream Team" in the top two positions, Pimco Chief Executive Mohamed El-Erian said Monday.
Fischer was the "most...
| Jan 13, 2014
| 4:30 PM
Charter Communications has gone public with an offer to acquire Time Warner Cable in a deal that would be worth more than $61 billion -- an offer the bigger operator called "grossly inadequate."
Charter, having failed to sway TW Cable's board with...
| Jan 14, 2014
| 10:23 AM
Leadership positions at large U.S. banks are predominantly held by whites, according to a new report by the National Assn. for the Advancement of Colored People.
“Equal opportunity for people of color in the United States remains an unrealized...
| Jan 15, 2014
| 4:28 PM
A Los Angeles city councilman called Wednesday for his colleagues to explore ways of punishing banking giant JPMorgan Chase & Co. for engaging in financial misconduct, possibly by terminating the company's contracts with the city.
| Jan 16, 2014
| 9:04 AM
Lena Dunham of "Girls" is known for a certain scruffy edge, but she's got style cred now, appearing for the first time on the cover of February's Vogue, which deems her "the new queen of comedy." (Oh, and she also wore a white lace frock from Erdem's pre-...
| Apr 23, 2014
| 3:20 PM
In her new book, “A Fighting Chance,” Massachusetts Sen. Elizabeth Warren accuses California gubernatorial candidate Neel Kashkari of lying to her when he led the taxpayer-funded federal bank bailout.
Warren, a Democrat, served as chair of...
| Apr 6, 2014
| 5:00 AM
The stock market is hitting new highs — just as corporate profit growth is slowing to a crawl.
Rising earnings helped drive share prices to a series of record peaks in the last few years. But that dynamic could be tested this week when companies...
| Apr 8, 2014
| 10:20 AM
Glen Ellyn trustees have approved a license agreement for a slushie cart to operate in the downtown area, but the conversation on food carts in the village didn't end there.
The proposal opened up discussion among village officials about the need for...