The U.S. Department of Justice has joined an investigation into a leak of confidential Federal Reserve information in 2012, escalating a probe that has drawn scrutiny from members of Congress in both parties.
Warren Buffett earlier had touted a 3 percent default rate to Berkshire Hathaway shareholders to rebut claims of predatory lending in a Seattle Times and Center for Public Integrity probe into Berkshire's mobile-home subsidiary, Clayton Homes.
At Comcast, CMCSA 0.63 % the scales of video versus broadband have finally tipped. That shouldn't unbalance profitability. Its quarterly results beat expectations Monday, and the cable giant boosted its buyback program by $2.5 billion.
Inflation expectations are picking up again, as a rebound in oil prices helps ease an early-year deflation scare. Measures tracked by the Federal Reserve and the European Central Bank have risen to the highest levels since December.
Two years of client withdrawals at Pacific Investment Management Co's flagship have cost it the title of the world's biggest bond mutual fund.