Bank of America is close to an $8.5 billion settlement with high-profile investors over claims related to mortgage-back securities purchased before the U.S. housing collapse. Kelsey Hubbard talks with WSJ’s Dan Fitzpatrick about what the deal would mean for Bank of America and the investors.
The Supreme Court says the state of California cannot ban the sale or rental of violent video games to minors and rules on campaign-finance reform before adjourning for the term. Kelsey Hubbard discusses these decisions, plus which cases the Court will take up in the Fall with WSJ’s Ashby Jones. (Photo: Getty Images)
James „Whitey“ Bulger, an alleged crime boss who was on the FBI’s „Ten Most Wanted“ list since 1999, has been arrested after more than 15 years on the run. WSJ’s Tamara Audi reports with the details.
Federal Reserve chairman Ben Bernanke indicated economic recovery will be slow as the Fed unanimously voted to leave interest rates unchanged. The News Hub panel analyzes Bernanke’s comments.
Fed officials downgraded their assessment of the U.S. economy, but gave no indication they intend to take new steps to boost growth and jobs. Kelly Evans, Jon Hilsenrath, Francesco Guerrera and Michael Casey discuss.
Bridgewater Associates, the world’s biggest hedge fund, just got bigger with the launch of one of the largest new funds. WSJ’s Michael Corkery talks with Kelsey Hubbard about the recovery in the hedge-fund market and what sets Bridgewater apart.
The Supreme Court has ruled in favor of Wall Mart in a massive sex-discrimination lawsuit. Kelsey Hubbard talks with the WSJ’s Nathan Koppel about the merits of the decision and what it means for the plaintiffs‘ case.
Representative Anthony Weiner resigned Wednesday afternoon following a sexting scandal in which he admitted to sending lewd photos from his Twitter account to a college student. Kelsey Hubbard and Michael Saul discuss. Photo: Getty Images.
In an effort to retain top employees, many U.S. companies that cut back on one of the most valuable employee benefits during the recession, the 401(k) matching contribution, are beginning to restore it. Kelly Greene has details.
Cellphone carriers are in danger of losing very profitable text messaging fees. Kelsey Hubbard talks with WSJ’s Anton Troianovski about how Apple’s iMessage and other instant-messaging apps pose a threat.
Demand for late-model used cars is soaring thanks to a sluggish economy, high fuel prices and a supply shortage of new cars. WSJ’s Joe White explains to Kelsey Hubbard why car dealers are eager to get their hands on used vehicles.
New York Rep. Anthony Weiner admitted sending sexually suggestive photographs to women online but said he doesn’t plan to resign from Congress. Michael Saul has details.
A federal grand jury indicted former Sen. John Edwards on felony charges that he violated campaign-finance regulations, in part to conceal an extramarital affair. WSJ’s Evan Perez explains the charges and whether the onetime presidential hopeful is facing jail time. Photo courtesy of Associated Press.