WASHINGTON - Three of the biggest U.S. lenders failed this year to meet some requirements for giving relief to struggling homeowners in a $25 billion settlement over foreclosure abuses, according to an official.
NEW YORK - Ponzi scheme mastermind Bernard Madoff dictated specific rates of return for his investment clients - and even decreed one should never be stuck with losses - according to trial testimony on Wednesday.
1.-- U.S. stock futures pointed to a flat start for Wall Street on Thursday as strong economic data renewed worries the Federal Reserve could begin cutting monetary stimulus when it meets in less than two weeks.
The U.S. economy expanded at a "modest to moderate" pace in recent months, the Federal Reserve said Wednesday in a report that showed mixed economic conditions across the nation just weeks before a key policy decision by the central bank.
(WASHINGTON) - Creative industries led by Hollywood account for about $504 billion, or at least 3.2 percent of U.S. goods and services, the government said in its first official measure of how the arts and culture affect the economy.