Lifestyle and Budget

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.

Warmup Begins for the Great U.S. Rate Hike of 2016

Several of the world's top central banks will meet in the coming week, but only one, the U.S. Federal Reserve, is set to start a final countdown on the second most anticipated event of the year after the Presidential Election.

Jury Awards More Than $70M to Woman in Baby Powder Lawsuit

A St. Louis jury has awarded a California woman more than $70 million in her lawsuit alleging that years of using Johnson & Johnson's baby powder caused her cancer, the latest case raising concerns about the health ramifications of extended talcum powder use.