Since the global financial crisis, the world's largest banks have agreed to pay close to $60 billion in fines just to the U.S. Department of Justice for creating and selling toxic mortgage-backed investments.
Shares of a small oil refining company controlled by Carl Icahn soared 10.5% Thursday after Icahn was tapped by President-elect Trump to advise his administration on how to cut government regulations.
Deutsche Bank has struck a deal worth $7.2 billion with the U.S. government to settle claims that it packaged and sold toxic mortgages between 2005 and 2007.
Aja Jefferson, a freshman at the University of Louisiana at Lafayette, needs to come up with $1,300 more for tuition next semester -- and so do tens of thousands of other Louisiana college students.
A federal lawsuit accuses Barclays of defrauding investors who bought mortgage securities from the bank before they blew up during the financial crisis.
President-elect Donald Trump said in a tweet Thursday that the Pentagon's costly new F-35 Joint Strike Fighter could be replaced with a modified version of a less expensive plane, the F/A-18 Super Hornet.
Donald Trump ran as an outsider who would shake things up. Ironically, Trump's election has seriously lifted up shares of Goldman Sachs, a symbol of the establishment he's promised to disrupt.