WASHINGTON - The wealth of Americans reached a nominal record high during the summer, buoyed by surging stock prices and a healthy recovery in home values.
The new American Airlines Group Inc. disclosed retention bonuses for executives following the closing of its merger Monday, including shares worth about $15 million for Chief Executive Doug Parker.
Fannie Mae (FNMA) and Freddie Mac, the U.S.- owned mortgage-finance companies, will raise the fees they charge lenders to guarantee loans as part of an effort to shrink their presence in the mortgage market, the Federal Housing Finance Agency said.
NEW YORK -- Wall Street saw a modest lift in stock prices Monday, pushing the broad S&P 500 above its record close and extending the gains from Friday that were sparked by a stronger-than-expected reading on job growth.
... Print. * Euro near 6-week high vs. dollar, 5-year high vs. yen. * Three Fed officials comment on stimulus reduction. * Investors cautious ahead of Fed policy meeting next week.