FILE - In this Thursday, Jan. 8, 2015 file photo, a "sale pending" sign is posted atop a realty sign in front of a home in Surfside, Fla.
WASHINGTON >> Federal regulators announced Thursday that Teva Pharmaceuticals Industries will pay $1.2 billion to settle charges that one of its subsidiaries illegally blocked the launch of low-cost generic versions of the blockbuster sleeping pill Provigil.
Richard “Dick” Fuld, who led Lehman Brothers Holdings Inc. into the bankruptcy that set off the near-collapse of the world's financial system, says he's now working for the small companies that America needs for a real economic recovery.
Washington (CNN) The IRS believes that a major cyber breach that allowed criminals to steal the tax returns of more than 100,000 people originated in Russia, two sources briefed on the data theft tell CNN.
James Bullard, president of the Federal Reserve Bank of St. Louis, said policy makers should raise interest rates as the economy improves, and warned that keeping borrowing costs near zero risks inflating asset-price bubbles.