Lifestyle and Budget

4 States May Give Minimum Wage Hike Momentum

The outcome of four ballot measures is expected to impact how members of Congress – and the next president of the United States – handle the issue on the federal level in the coming years.

Fannie Mae posts $3.2B profit in 3Q; paying $3B dividend

Mortgage giant Fannie Mae reported net income of $3.2 billion from July through September, up from $2 billion a year earlier, as its losses declined on investments it uses to hedge against interest rate swings.