AT&T has completed its $81 billion takeover of Time Warner, one of the biggest media deals ever. A federal judge approved the combination just two days earlier despite objections by the Justice Department that it would hurt consumers. The merger ...
Read More »Fed approves dividend, buyback plans for US banks
The Federal Reserve gave the green light Wednesday to major U.S. banks to raise dividends and buy back shares, deeming they have a sturdy enough financial foundation to withstand a major economic downturn.
Read More »How Obama action could affect retirement advice from brokers
After years of a Washington dispute over investment advice, the Obama administration is proposing tougher restrictions on brokers who manage Americans’ retirement accounts. The change would put brokers under the stricter requirements for registered financial advisers.
Read More »Lawmakers to Fed: We want details about leak probe
Two Democratic lawmakers are asking the Federal Reserve for details on its reported probe of a leak of market-sensitive information about interest-rate policy.
Read More »Houses passes bill easing rules regulating Wall Street
The House has passed a bill to soften the landmark law reining in banks and Wall Street, advancing a key Republican priority more than six years after the financial crisis struck and brought on the Great Recession.
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