Government Business And Finance

Big banks saved $3.6B in taxes last quarter under new law

Apr 20, 2018

The nation's six big Wall Street banks saved at least $3.59 billion in taxes just last quarter due to new tax law, giving public a first glimpse in how Corporate America is benefiting from the new Trump tax law

Wells Fargo fined $1B for mortgage, auto lending abuses

Apr 20, 2018

Wells Fargo fined a combined $1 billion by federal regulators for abuses tied to its mortgage and auto lending businesses

New Jersey governor signs drill ban to thwart Trump plan

Apr 20, 2018

New Jersey Gov. Phil Murphy has signed a bill prohibiting oil and natural gas drilling in state waters, as well as preventing infrastructure like pipelines that could support drilling in more distant federal waters

AP-NORC Poll: Americans expect Russia tension will get worse

Apr 20, 2018

There's more pessimism in America about relations with Russia, China and North Korea

Lagarde urges countries to settle trade disputes, cut debt

Apr 20, 2018

The head of the International Monetary Fund is urging countries to work out their differences over trade

Reports: Wells Fargo to be fined $1B as early as Friday

Apr 20, 2018

Reports: Federal regulators plan to fine Wells Fargo as much as $1 billion as early as Friday for abuses tied to its auto lending and mortgage businesses

US officials: 16 nations agree to track Venezuela corruption

Apr 20, 2018

Two senior U.S. Treasury officials say finance ministers from several Latin American nations as well as the U.S. and Europe have agreed to work jointly to locate and seize assets arising from corruption by Venezuelan government insiders

New Hampshire kills bill to protect drunken people in cars

Apr 19, 2018

The New Hampshire House has killed a bill that would have allowed intoxicated people to sleep it off in their cars without being charged with drunken driving

IMF's Lagarde: Trade tensions threaten global economy

Apr 19, 2018

IMF's Largarde: US-China trade tensions, rising debt load threaten healthy global economy

Oil, gas drilling in pristine Alaska refuge takes step ahead

Apr 19, 2018

The Trump administration is moving forward on oil and gas drilling in Alaska's Arctic National Wildlife Refuge