Financial Services

Rent-A-Center going private in $800 million sale

Jun 18, 2018

Rent-A-Center selling to Vintage Capital Management for $800 million

Kansas woman says city wants $132K for toppled sculpture

Jun 16, 2018

A Kansas mother says an insurance company wants her family to pay $132,000 after her 5-year-old son accidentally knocked over a sculpture at a city community center

US stocks and bond yields dip amid trade worries

Jun 15, 2018

Global stock markets are mostly lower as U.S. President Donald Trump's approval of a plan to impose tough tariffs on China renewed concerns about trade friction

Citigroup to pay $100M to settle rate manipulation charges

Jun 15, 2018

Citigroup agrees to pay $100 million to settle interest rate manipulation allegations

Argentine government reassures investors amid peso fall

Jun 15, 2018

The Argentine government says the appointment of a new central bank chief is intended to generate confidence following a sharp depreciation of the peso

Trump's move to redefine water rule threatens wetlands banks

Jun 15, 2018

In the decades since President George H.W. Bush first pledged a goal of "no net loss" of U.S. wetlands, a uniquely American system mixing conservation and capitalism has been supported by every president _ until the Trump administration

How major US stock indexes fared Thursday

Jun 14, 2018

U.S. stocks mostly rose Thursday, as markets get accustomed to the idea of investing with less of a safety net from central banks around the world

Fed sets limits on biggest banks' loans to each other

Jun 14, 2018

Federal Reserve sets limits on big banks' loans to each other

Europe, Fed moves show global shift away from cheap money

Jun 14, 2018

Two of the globe's most powerful central banks are gradually withdrawing the easy money policies that helped repair the damage of the Great Recession.

As Fed raises rates, popular bond index funds get pinched

Jun 14, 2018

Index funds are surging in popularity due to their low costs and relatively good performance