Bank of America's mortgage settlement tops one last year by JPMorgan Chase as the largest by a U.S. firm. Consumer and communities will get $7 billion in assistance in BofA settlement to handle housing crash fallout.
Family Dollar is rebuffing Dollar General's takeover bid, citing antitrust issues. The discounter's board supports its existing merger with Dollar Tree.
Fewer Americans than forecast applied for unemployment benefits last week, a sign the U.S. job market is making progress as the world's largest economy grows.
The Teton Mountain Range stands in the background of the annual Jackson Hole economic symposium, sponsored by the Kansas City Federal Reserve Bank.
SHENZHEN, China�China's economy faces an uphill battle for the rest of 2014, adding pressure on Beijing to step up government spending or free up money to spur growth.