Legal News

Complaint alleges scheme operators used false threats to collect over $20 million in often-fictitious debts from consumers At the Federal Trade Commission’s request, a federal court has temporarily halted and frozen the assets of a debt collection operation that allegedly…

The electoral sweep by Democrats on Tuesday night injects a new, unstable dynamic into the single biggest political risk to financial markets in the coming year: the debt limit. Unless a defeated Republican Party makes a swift and unlikely show…

NEW YORK, Oct 29 (Reuters) – The Federal Reserve kept interest rates steady on Wednesday as expected, but it was not able to comfort bond investors concerned about what a deliberate pace of policy tightening will mean for the outlook…

WASHINGTON, Oct 19 (Reuters) – US homebuilder sentiment plunged to the lowest level in nearly 14-1/2 years in October as the Middle East conflict boosted mortgage rates and prices of energy-related building materials, a survey showed ​on Monday. The National…

Oct 16 (Reuters) – The US budget deficit rose by $217 billion to nearly $2 trillion in the ‌2026 fiscal year, fueled in part by tariff refunds and record spending to service the nation’s more than $40 trillion in debt,…

NEW YORK, Oct 7 (Reuters) – US Treasuries rose in afternoon trading on Wednesday, with yields backing away from their highs as ​oil prices fell and a strong $39 billion auction of 10-year notes reassured investors that demand for long-term…

Sept 25 (Reuters) – A growing wall of US corporate debt is set to mature from 2027, putting pressure on companies to refinance borrowings raised ​at ultra-low interest rates during the pandemic. About $4.3 trillion of non-financial ‌corporate bonds issued…

Paramount Global received approval Thursday from the Federal Communications Commission for three Middle Eastern sovereign wealth funds to hold 49.5% of its equity in connection with its proposed acquisition of Warner Bros. Discovery. The FCC’s Media Bureau granted the declaratory ruling, which…

Bank of America CEO Brian Moynihan said on Wednesday the bank’s data shows consumer spending and credit remain healthy despite rising gasoline prices. “Consumers spent in the month of August about 4% more than they spent last August,” Moynihan said on CNBC’s “Mad…

The crypto industry heads into September with its biggest legislative bet hanging in the balance, and little confidence the proposed bill will make it past the finish line. The looming vote on the crypto market structure bill known as the…