Alibaba's stock is surging as the Chinese e-commerce powerhouse begins its first day trading as a public company.
Banking & Finance
The latest coverage of the banking and financial sectors.
By Stephen Dinan - The Washington Times
Former Rep. Ron Paul's push to audit the Federal Reserve got another boost Wednesday when the House passed the bill for the second time in three years, and by a bigger margin than before. Published September 17, 2014
Bank of America has agreed to pay $31 million to settle a class action lawsuit that claims mortgage borrowers were forced to maintain excessive flood insurance coverage.
Yahoo is making amends for years of blundering with one smart move: an early investment in Alibaba Group that has turned into a multibillion-dollar boon.
Amazon and eBay should watch their backs.
Judges on a federal appeals panel in New York say they suspect Argentina has gone rogue, ignoring court orders and bullying a U.S. bank to try to prevent it from obeying a court order.
The Federal Reserve moved another step toward more normal policies on interest rates Wednesday, noting a gradual improvement in the outlook for the economy and cutting back again on its bond-buying program to stimulate the economy.
The Securities and Exchange Commission has obtained a court order freezing the assets of an alleged South Florida fraud scheme operated out of the Turks and Caicos Islands.
One of Mitt Romney's biggest Wall Street backers predicted Monday that the former presidential candidate would run again in 2016 under certain conditions.
New York court administrators have adopted new filing requirements for debt collectors meant to prevent unfair claims and defaults in credit card collection cases against consumers.
New York regulators have begun investigating short-term, high-interest loans secured by borrowers' homes or other real estate to determine if they violate state laws against predatory lending.
Virginia Attorney General Mark Herring is suing some of the world's largest banks for $1.15 billion in damages related to the housing market crash.
The tit-for-tat sanctions between Russia and the West that heated up last week are only adding to fears that Europe's economy will fall back into recession or experience "lost decades" comparable to the downturn in Japan that left the Asian giant's economy drifting, deflated and diminished in global influence.
The Obama administration slapped more sanctions Friday against the Russian financial, energy and defense industries as punishment for Moscow's continued military aggression in eastern Ukraine.
New European Union sanctions against Russia announced Friday toughen financial penalties on the country's banks, arms makers and its biggest oil company, to punish Moscow for what the West sees as efforts to destabilize Ukraine.
A Kansas City woman is going to prison for embezzling more than $650,000 for the bank where she worked.
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.