The Federal Deposit Insurance Corp. filed a lawsuit against large banks for their alleged role in manipulating a global benchmark used to determine interest rates on everything from home loans to corporate debt.
U.S. Secretary of State John Kerry, right, and Russian Foreign Minister Sergey Lavrov shake hands before a meeting at the residence of the U.S.
Consumer confidence in the U.S. unexpectedly dropped in March to a four-month low, indicating household spending may be slow to pick up from a weather-related setback earlier this year.
WASHINGTON - The Federal Reserve paid $79.6 billion to the Treasury Department in 2013 as the Fed's enormous investment campaign to stimulate economic growth continued to generate windfall profits for taxpayers.
(Reuters) - Tesla Motors Inc escalated its war of words with New Jersey on Friday, lambasting a regulatory change approved by the state earlier this week that bars the "green car" company from selling vehicles directly to the public.