Economic Indicators

Ex-bank execs remain free on bail after fraud convictions

A federal judge says four former executives for the only financial institution criminally charged in connection with the federal bank bailout program do not have to begin serving their prison sentences while appealing their fraud and conspiracy convictions.

Business Highlights

___ Powell says Fed likely to end bond trimming by end of 2019 WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says that the Federal Reserve is close to announcing a plan to bring to an end the reduction of the size of its massive bond portfolio.