Federal Reserve Chair Janet Yellen said the U.S. economy is “close” to the central bank's objectives of full employment and stable prices and she's confident it will continue to improve.
Incoming Trump administration Treasury Secretary nominee Steven Mnuchin departs after working a simulated crisis scenario during transition meetings at the Eisenhower Executive Office Building at the White House in Washington, U.S.
Navient, the largest servicer of student loans in the country, handles loans for around 12 million people. A lawsuit filed on Wednesday by the Consumer Financial Protection Bureau and two state attorneys general claims borrowers were wrongly steered in ...
Asia markets traded mixed on Thursday, with shares of Japanese electronics maker Toshiba tumbling nearly 16 percent after a report suggested it was considering the sale of its semiconductor business.
NEW YORK (Reuters) - Credit Suisse has formally agreed to pay $5.3 billion to settle with U.S. authorities over claims it misled investors in residential mortgage-backed securities it sold in the run-up to the 2008 financial crisis.