Bloomberg News

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Warren Says Banks Should Face Bigger Tax Burden to Balance Risks

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Wall Street and their top executives should face new tax penalties to keep them from engaging in risky practices that can threaten the financial system, Senator Elizabeth Warren said.

Brokers Selling IRAs Face Tougher Rules In Obama-Backed Plan

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The Labor Department proposal announced Tuesday is a win for Democrats and consumer advocates, and a setback for Wall Street and Republican lawmakers.

Company Debt Loads Contributed To Unemployment In Recession

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Employees working for companies with big debt loads were particularly vulnerable to firings when household demand collapsed in the last recession.

Hillary Clinton Comes Out Swinging At CEOs, Hedge Fund Managers

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She launched her presidential campaign in Monticello, Iowa, with aggressive attacks on the financial system.

The $200,000 SUV Is Here--And Here To Stay

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These days, super-expensive SUVs--all of which cost more than a Ferrari—are far from a passing fad.

Prudential Chief Echoes Dimon Saying Liquidity Is Top Worry

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Prudential Investment Management's CEO says the No. 1 concern among bond buyers globally is liquidity and its rapid disappearance.

Christie Pushes Means Test, Age Increase For Social Security

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Chris Christie lays out plans to means test Social Security and raise the retirement age during a speech today in early-voting New Hampshire.

Man Charged In Scheme Said To Be N.Y. Ex-Speaker Son-In-Law

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A Brooklyn man accused by federal prosecutors of running a $7 million Ponzi fraud is the son-in-law of former New York State Assembly Speaker Sheldon Silver, a source said.

Why Republicans Want a Bigger Estate Tax Repeal Than Ever

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Congressional Republicans have narrowed the estate tax so much that it affects only about 5,500 wealthy American households a year...

Ackman Group Pays $91.5M For Condo At NYC's One57

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A group including billionaire investor Bill Ackman paid $91.5 million for a duplex penthouse at Extell Development Co...

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