A fund manager who stole more than $20 million from clients and then sought leniency by helping prosecutors build fraud cases against ex-colleagues was sentenced to three years in prison.
A spokesman for Mexico's president says there's no truth to Donald Trump's assertion that the nation would pay for a wall along the border between the countries.
The Federal Reserve is approaching the moment when it can start raising interest rates and the exact timing will be dictated by incoming economic data, said New York Fed President William C. Dudley.
Hedge-fund manager John Paulson, who made billions wagering against subprime mortgages, has started to profit from a U.S. housing bet that took longer to ripen: owning land.
