Martin Crutsinger, Associated Press | Posted Sep 28th - 8:21am
Federal Reserve Chair Janet Yellen says the financial health of the nation's banking system has strengthened considerably since the 2008 financial crisis, in part because of tougher regulations passed by Congress in 2010.
Andrew Taylor and Alan Fram, Associated Press | Posted Sep 28th - 8:21am
Congressional leaders have broken a stalemate over money to address the Flint, Michigan, water crisis, clearing the way for a spending bill needed to keep the government running until December. The spending measure also would provide long-delayed money to fight the Zika virus and help Louisiana rebuild from last month's disastrous floods.
Ken Sweet, Associated Press | Posted Sep 28th - 8:07am
Wells Fargo says CEO John Stumpf and the executive who ran the bank's retail banking division will forfeit tens of millions of dollars in pay as the bank tries to stem a scandal over its sales practices.
A former British royal official has been sentenced to five years in prison for taking more than 100,000 pounds ($130,000) in bribes to award contracts for work at Buckingham Palace and other royal residences.
A deal worth over $100 billion to combine the world's two biggest beer companies cleared its last major hurdle Wednesday when the shareholders of SABMiller approved the takeover by Budweiser maker Anheuser-Busch InBev.