Apple CEO Cook testifies before Senate panel after report says it avoids billions in taxes

The Securities and Exchange Commission will allow public companies to make significant announcements on Facebook, Twitter and other social media sites provided they alert investors which sites ...

WASHINGTON - Two former high-ranking executives at JPMorgan Chase faced tough questions from senators Friday about why the bank played down risks and hid losses from regulators when it was losing ...

The Fed's annual "stress tests" showed Thursday that as a group, the 18 banks hold fewer bad loans compared with last year, helped by a stronger economy.

The Federal Trade Commission study also said that 5 percent of the consumers identified errors in their reports that could lead to them paying more for mortgages, auto loans or other financial ...

Fewer banks failed nationwide in 2012 and they had their most profitable year ever as the industry strengthened.

A government report finds median pay for nearly 2,000 senior managers at government-controlled Fannie Mae and Freddie Mac exceeded $200,000 last year.

Mary Schapiro will step down as chairwoman after a tumultuous tenure in which she helped lead the government's regulatory response to the 2008 financial crisis. Replacing her will be Elisse ...

A group of federal regulators is urging the Securities and Exchange Commission to adopt stricter rules for money-market mutual funds.

The Conference Board said Thursday that its consumer confidence index increased in October to 72.2. That's up from a revised 68.4 in September and the highest reading since February 2008, two ...

Bank of America says it has agreed to pay $2.43 billion to settle a class-action lawsuit related to its acquisition of Merrill Lynch at the height of the financial crisis.

The National Association of Realtors said Wednesday that its index of sales agreements for previously occupied homes jumped 2.4 percent in July to 101.7.

Fannie Mae earned $2.2 billion from April through June.

The government is standing by its decision to bar Fannie Mae and Freddie Mac from reducing principal for borrowers at risk of foreclosure.

Mortgage buyer Freddie Mac says the average rate on the 30-year loan fell to 3.56 percent.

Fewer U.S. banks are failing than at any time since the financial crisis erupted in 2008. The healthier banking industry is helping sustain an economy.

Moody's is cutting its credit ratings on 28 Spanish banks, saying the weakening condition of Spain's government is making it more difficult for that country to support its lenders.

U.S. bank earnings at highest level in five years