Government And Institutions

Yellen says Fed following prudent course on rates

While unemployment has fallen significantly and inflation is starting to tick higher, Federal Reserve Chair Janet Yellen says she does not believe that the central bank has fallen behind the curve and needs to start pushing interest rates up more quickly.

Uber pays $20 million to settle claims of driver deception

Uber Technologies is paying $20 million to settle allegations that it duped people into driving for its ride-hailing service with false promises about how much they would earn and how much they would have to pay to finance a car.

Trump's Treasury Pick Defends His Foreclosure Actions

Steven Mnuchin, Donald Trump's pick to lead the Treasury Department, on Thursday defended his handling of thousands of foreclosures during the height of the financial crisis, saying he had worked hard to assist homeowners to refinance so they could keep their homes.

Trump's Treasury pick defends his foreclosure actions

Steven Mnuchin, Donald Trump's pick to lead the Treasury Department, on Thursday defended his handling of thousands of foreclosures during the height of the financial crisis, saying he had worked hard to assist homeowners to refinance so they could keep their homes.

Consumer agency sues Navient over student loan repayments

Federal regulators have sued Navient, accusing the biggest U.S. student loan company of making it harder for borrowers to repay loans by giving them bad information, processing payments incorrectly and failing to act on complaints.

As Democrats Mourn Obama, the GOP is Ready to Take Over D.C.

Donald Trump will be sworn in as the 45th President of the United States Friday, amid both celebration and protest. While more than 60 House Democrats have pledged to boycott the inauguration, Republicans, including former Trump adversaries, will come together to usher in a new era.

Budget pick Mulvaney acknowledges payroll tax lapse

Rep. Mick Mulvaney, President-elect Donald Trump's choice to run the White House budget office, failed to pay more than $15,000 in payroll taxes for a household worker more than a decade ago, prompting the Senate's top Democrat to issue a statement saying the lapse should disqualify his nomination.