Wednesday marks a five-year anniversary in the biggest financial fraud in American history - the day Bernie Madoff, a Wall Street icon who cowed regulators and investors alike, was arrested for stealing $65 billion.
Representative Paul Ryan, a Republican from Wisconsin, left, speaks as Senator Patty Murray, a Democrat from Washington, looks on during a news conference at the U.S.
WASHINGTON - Government regulators approved a sweeping new set of rules for the nation's biggest banks that ban them from the kind of ultra-high-risk trading that nearly collapsed the world's financial system.
NEW YORK (MarketWatch) - U.S. stocks ended lower on Tuesday, with the S&P 500 retreating from the previous session's record close and halting a two-session winning streak.
MADRID - Spanish fashion retailer Inditex, which owns Zara stores, says its profits barely rose in the first nine months of the year despite a solid sales increase and a further expansion worldwide.