Big banks have been a source of relative stability for investors over a tumultuous couple of years for financials. But their ...

The Securities and Exchange Commission said Thursday that asset manager Macquarie will pay nearly $80 million to settle an investigation into how it valued illiquid mortgage securities that it traded ...

The Federal Reserve cut short-term interest rates by 0.5 percentage point on Wednesday. Since then, a key benchmark for ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for ...

Sales of previously owned homes fell 2.5% from the prior month, as a recent drop in mortgage rates failed to offset home ...

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Mortgage rates have fallen to the lowest level in more than a year and a half, new data showed Thursday. The figures ...

The company said in a memo that most of its businesses would stop using the tool by the end of this year.

When Donald Trump was president, Republicans passed a cap on the SALT deduction, limiting a big tax break for homeowners in high-cost states. At a rally on Long Island, the former president vowed to ...

As the Federal Reserve kicks off its easing cycle with the fireworks of a 50-basis-point cut in the federal-funds rate, the Reserve Bank of Australia is increasingly a global outlier among central ...

A Senate panel voted to recommend that Dr. Ralph de la Torre, the majority owner and chief executive of bankrupt hospital chain Steward Health Care System, be held in contempt of Congress. The ...

The firm is likely to pay as much as $100 million to settle a probe of a trading scandal.