Nov 8, 2012 After losing her job teaching at a high school in the county jail, Donielle Lawson wants to stay in education.
Oct 25, 2012 Federal prosecutors in New York are accusing the bank of defrauding the government by rushing home loans through the approval process, then selling them to Fannie Mae and Freddie Mac.
Oct 24, 2012 The Justice Department says Countrywide Financial -- which B of A bought in 2008 -- cranked out bad home loans without proper checks to make sure they were legit, and then sold those mortgages to Fannie Mae and Freddie Mac.
Oct 18, 2012 Seasonally adjusted claims for unemployment insurance rose by 46,000 last week, or about 13 percent. Is this a blip or the start of a new trend?
Sep 28, 2012 Bank of America will pay $2.4 billion to shareholders who accused it of withholding negative information about Merrill Lynch's finances.
Heidi N. Moore
Sep 28, 2012 Bank of America will pay $2.4 billion to shareholders as part of a settlement announced this morning. It's compensation for maybe not sharing the whole story when B of A bought the failing brokerage Merrill Lynch in 2008.
Sep 28, 2012 After a recent scandal surrounding manipulation of a key interest rate, reforms are being proposed.
Sep 28, 2012 Reform is on the way after fraudulent manipulation of the London Interbank Offered Rate, or LIBOR, the rate used by many banks in lending to each other.
Sep 26, 2012 A group representing British banks is giving up its responsibility for setting a key global interest rate. The British Bankers Association will no longer control LIBOR -- the London Interbank Offered Rate. That's the benchmark for hundreds of trillions of dollars in mortgages, student loans and other transactions around the world.