U.S. home prices in July increased at the slowest pace in 20 months, reflecting sluggish sales and a greater supply of houses for sale.
Banking & Finance
The latest coverage of the banking and financial sectors.
By Cheryl K. Chumley - The Washington Times
A judge has ruled that Argentina failed to pay U.S. bondholders their just due, cheating them out of about $1.5 billion in the last year or so. Published September 30, 2014
The Securities and Exchange Commission says Bank of America will pay $7.65 million to settle allegations that it overstated how much capital it had on its books.
Billionaire Carl Icahn is considering spending $100 million to save the Trump Taj Mahal casino from closing.
Economists see steady growth but remain mixed on their outlook for the health of different segments of the U.S. economy.
Democratic Sen. Elizabeth Warren is calling for a congressional hearing to determine if corruption permeates the Federal Reserve Bank of New York.
The U.S. economy grew at a robust 4.6 percent annual rate in the second quarter in the best performance since 2011, the Commerce Department reported Friday.
Atlanta Federal Reserve President Dennis Lockhart still sees no danger of inflation and says the current unemployment rate is "still some distance" from full employment, a sign he's not seeking an increase in interest rates until mid-2016 or later.
A pet program of Republican Texas Gov. Rick Perry that has given a half-billion dollars in taxpayer funds to companies including Toyota and Facebook failed to support claims about job creation and competition from other states, according to a state audit released Thursday.
A federal judge has sentenced the founder of a Minnesota alternative energy firm to 25 years in prison for defrauding investors.
Subprime lending is back. This time for auto loans. The question is whether or not subprime lending to borrowers with poor credit will lead to another financial bubble bursting and Round 2 of the 2008 recession. What does this mean for you?
A former executive at a New York investor firm whose effort to dodge photographers earned him a mocking "Moment of Zen" on Jon Stewart's "The Daily Show" has pleaded guilty to an insider trading charge.
The Obama administration approved "excessive" pay for top executives at General Motors Co. and Ally Financial Inc. even as the two companies were falling behind on repaying taxpayers for being rescued after the Wall Street collapse, the bailout watchdog concluded in a report released Wednesday.
Some lenders are preparing to reissue credit or debit cards to customers to head off possible losses following the breach of customer data at Home Depot.
Interest rates on short-term Treasury bills fell in Monday's auction, with rates on three-month bills dropping to their lowest point since late 2011.
More than 100 activists were arrested Monday in New York City during "Flood Wall Street," a protest against what organizers say is the corporate world's contribution to climate change.
Federal regulators allege in a lawsuit that three men illegally profited from Arch Coal's acquisition of International Coal Group.
A U.S. jury has decided that a large Jordan-based bank was liable in a wave of suicide bombings in the early 2000s that left several Americans dead or wounded.
Alibaba's stock is surging as the Chinese e-commerce powerhouse begins its first day trading as a public company.
Recent Opinion Columns
Congress is back in session, and will likely vote soon on one of the most contentious issues leading into the midterm elections: the Export-Import Bank.
It was — and always is — enlightening to be outside the D.C. Beltway, where manufacturers grapple not only with increasing and sustaining sales, but with the real-world implications of Washington's latest action or inaction.
It's time for the U.S. government to sell its ownership stake in Fannie Mae and Freddie Mac, the two giant mortgage funders, and let them sink or swim by themselves.
The market for U.S. government debt securities is among the largest and most liquid in the world; yet, disclosures are woefully inadequate.