Elizabeth Dexheimer
Citigroup fails Fed stress test as Goldman, BofA modify plans
(Updated at 6:50 p.m.
NEW YORK - Citigroup Inc.’s capital plan was among five that failed Federal Reserve stress tests, while Goldman Sachs Group Inc....
U.S. banks’ $75 billion payout at stake on Fed test results
The biggest U.S. banks are about to learn whether they can pay out more than $75 billion in excess capital to investors as the...
BofA’s Moynihan says traders profited most days during quarter
DAVOS, Switzerland - Bank of America Corp. CEO Brian T. Moynihan said trading operations were profitable almost every day last quarter as the lender...
Mortgage rates rise for first time in five weeks
NEW YORK - U.S. mortgage rates rose for the first time in five weeks as a partial government shutdown delayed some borrowers from getting...
Home prices climb in 87% of U.S. cities as recovery builds
NEW YORK -- Prices for single-family homes climbed in 87 percent of U.S. cities in the second quarter as the national housing recovery accelerated...
Consumer sentiment in U.S. unexpectedly climbed in October
WASHINGTON - Confidence among U.S. consumers unexpectedly jumped in October to the highest level since before the recession began five years ago, raising the...
Confidence among small U.S. businesses cooled in September
WASHINGTON - Confidence among U.S. small businesses cooled in September as fewer companies said they planned to hire or invest in new equipment, a...
Consumer confidence in U.S. advances for a sixth week
WASHINGTON - Consumer confidence in the U.S. climbed for a sixth straight week, the longest such stretch since early 2006, as Americans grew more...
Consumer optimism rising with stocks lifts Obama’s odds
WASHINGTON - Chris Creech, a website consultant from Chapel Hill, N.C., said he’s feeling good enough about his job security and the economy to...
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