Sales of previously owned U.S. homes slumped in November from a one-year high, underscoring the uneven nature of the current recovery in residential real estate that's been one of its defining characteristics.
The French industrial giant Alstom has agreed to plead guilty and pay a $772 million penalty to the United States in a bribery investigation by the Justice Department.
Benjamin Lawsky in November. The office of New York's top financial regulator announced a settlement with Ocwen on Monday. Bloomberg News.
Just in time for Christmas, we learned today that the Federal Aviation Administration apparently has its own "naughty-or-nice" list.
The Securities and Exchange Commission said Monday that money manager F-Squared Investments Inc. has agreed to pay $35 million to settle charges that it used hypothetical data to overstate the track record of its flagship index.