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The Securities and Exchange Commission is charging Volkswagen and former CEO Martin Winterkorn with defrauding American investors during an emissions scandal.

The latest on developments in financial markets (all times local): 9:35 a.m.

President Donald Trump proposed a record $4.7 trillion budget, pushing the federal deficit past $1 trillion but counting on optimistic growth, accounting shuffles and steep domestic cuts to bring future spending into balance in 15 years.

President Donald Trump's $4.7 trillion budget request proposes steep cuts to domestic spending, a funding boost for the Pentagon and $8.6 billion for his signature border wall with Mexico.

President Donald Trump's new budget is returning to an old fight over spending on a border wall with Mexico.

The federal budget deficit is ballooning on President Donald Trump's watch and few in Washington seem to care.

The latest on developments in financial markets (all times local): 9:35 a.m.

The federal government recorded a budget surplus in January.

Treasury Secretary Steven Mnuchin has informed Congress that he will stop making payments into two government retirement funds now that the debt limit has gone back into effect.

The latest on developments in financial markets (all times local): 9:35 a.m.

The Treasury Department is taking the first steps to keep the government from exceeding the $22 trillion debt limit which goes back into effect on Saturday, setting off what will likely be months of battle in Congress on finding ways to avoid an unprecedented default on the national debt.

Tesla Inc. will retire $920 million worth of convertible notes in cash when they come due on Friday, using up about one quarter of the cash available for capital spending and future debt payments.

The U.S. central bank is close to announcing the reduction of bonds it’s holding on its $4 trillion balance sheet.

Technology and energy companies led U.S. stocks modestly higher in early trading Friday, erasing some of the market's losses from a day earlier, as investors weighed a mixed batch of corporate earnings reports.

The latest on developments in financial markets (all times local): 9:35 a.m.

The latest on developments in financial markets (all times local): 9:35 a.m.

Global leadership toward democracy is needed in Venezuela, said Hans Humes.

The loss represents one of Deutsche Bank’s largest ever from a single wager.