David Higgs has been handed $950,000 in fines and penalties by a New York court for his part in hiding sub-prime mortgage bond losses back in 2012.
Free market Republicans want to shut down the Export-Import Bank, claiming it is a rancid example of crony capitalism. The fight has laid bare a sharp philosophical split within the GOP.
It's hard to figure out how to punish a bank when it does something wrong. With so many banks getting in trouble with regulators lately, our Planet Money team examines the ways to punish a bank.
In past decades, foreign firms offered lavish perks for people to work in Beijing because of how hard life was there. China's booming economy ended that. Now, air pollution is driving many to leave.
There have been six overdose deaths on the posh island since last August. An addiction specialist on Martha's Vineyard calls it a "phenomenal rate for a community of 16,000 people."
The news comes at a time when Hachette is in contentious negotiations with Amazon.com, which has slowed shipments, reduced discounts and removed pre-order buttons for numerous Hachette releases.
Described as either a boost to U.S. jobs and the economy or as "crony capitalism," the Export-Import Bank's future has grown cloudier under new House Majority Rep. Kevin McCarthy.
A consumer advocacy group says it's time to ban the word "natural" from food labels because it's misleading. But the quest to get the government to outlaw the word entirely faces tough legal hurdles.
The law says that once "personalized" guns are available in the U.S., all handguns sold in New Jersey must be smart guns. So, to avoid triggering the law, vendors aren't selling them — anywhere.
The United States has lots of coal but most of it is buried far underground. A new method can extract it but the environmental costs might prove too high for nearby landowners.
Rebekah Brooks, the former head of Rupert Murodoch's newspaper empire in Britain, has been acquitted of phone hacking and other criminal charges. But Andrew Coulson, former editor of a Murdoch-owned tabloid and one-time chief spokesman for Prime Minister David Cameron, was convicted. The verdicts comprise the latest development in a scandal that has touched the heights of British media and politics.
The National Transportation Safety Board concluded that the crash of Flight 214 last year in San Francisco was due to automated systems that the crew did not fully understand.
Spring college graduates are swarming the job market. Host Michel Martin gets a refresher course on interviewing from career advisers Richard Bolles and Christine Cruzvergara.
See how home prices and incomes have changed over the past 25 years, and how your city compares with others around the country.
Although medical costs will increase as the economy improves, the shift of expenses to workers by employers will help restrain the overall cost of care a little.
Former News of the World editor Andrew Coulson was found guilty Tuesday, but fellow editor Rebekah Brooks was acquitted after a trial centering on illegal activity in the Murdoch newspaper empire.
Former media executive Rebekah Brooks has been cleared of all misconduct in a headline-grabbing trial revolving around tycoon Rupert Murdoch's British media empire.
Joyland is the title of King's new book. Joyland is also the title of Emily Schultz's debut coming of age novel, published in 2006. Some readers confused the titles when they ordered from Amazon.
The U.S. economy faces great risks from climate change, according to a study by a bipartisan group of former business leaders and public officials. It predicts harsh realities if action isn't taken.
The origins of the tax districts stem from an effort decades ago to retain white residents who were concerned their property values would plummet if black families moved into their neighborhoods.