An hour after Donald Trump assumed the presidency Friday, his administration indefinitely suspended a pending rate cut for mortgage insurance required for FHA-backed loans, which are popular with first-time home buyers and those with poor credit.
When Donald Trump took the presidential oath Friday, the stock market was trading modestly higher with the Dow Jones industrial average up 97 points.
TransDigm Group is an airplane-parts maker that counts Boeing as one of its largest clients. The company's growth depends on debt-fueled acquisitions.
Sallie Mae Bank and Navient have been practicing widespread abuse in their student lending practices, leading to billions of dollars of needless debt, according to a lawsuit filed by Illinois Attorney General Lisa Madigan.
General Electric Co.'s woes in the oil patch persisted in the fourth quarter, denting sales and dragging down shares to their biggest decline in four months.