Dan Gilbert fires back at the Justice Department over lawsuit regarding the underwriting of Federal Housing Administration mortgage loans.
Gross domestic product is predicted to hit 3.1% this quarter, as long as the strong U.S. dollar doesn't derail production.
Baoding Tianwei misses a deadline to pay roughly $14 million in interest due on $242 million of bonds.
The lingerie retail chain files for Chapter 11 bankruptcy for the second time since 2000.
Federal officials say they intend to keep money "cheap for a long time to come," meaning interest rate increases will be slow and carefully…
The country's public-sector entities are forced to remove their cash reserves from commercial banks.
A report by the Volcker Alliance calls for a "long-delayed" reshaping of the U.S. bank regulatory system.
The regulator, former CFTC Commissioner Gary Gensler, was a key player in the fight to impose tougher rules on Wall Street.
Commercial credit line utilization is at its highest rate since 2009, say the banks, and it's not due to companies desperate for cash.
Citigroup's operating expenses fell 10%, partly due to lower legal and related expenses.