The probability that the Federal Reserve will raise interest rates at its next meeting in December was at 74 percent, and Pacific Investment Management Co. says a move is likely.
NFL's Dwight Freeney can proceed with his lawsuit alleging that Bank of America was complicit in a fraud scheme that caused him to lose more than $20 million and forced his restaurant to close.
More than $60 billion in bonds backed by U.S. student debt are likely to be affected if Fitch Ratings adopts new criteria for the securities, Deutsche Bank AG analysts said.
Kaleil Isaza Tuzman is in a South American maximum-security prison, begging to return to the U.S to face securities fraud charges that could send him to an American jail cell for as long as 20 years.
The son and two daughters of 95-year-old Anne Beau Cox Chambers are among the world’s 400 richest people after she distributed her stake in closely held Cox Enterprises to her heirs.
The fate of Barack Obama’s signature health-care law may depend on how long Anthem Inc. and Aetna Inc. are willing to wait before starting to make money off it.
