Regulators are nearing a settlement with Fannie Mae and Freddie Mac over whether the mortgage finance giants adequately disclosed their exposure to risky subprime loans, bringing to a close a three-year investigation. The New York Times reports.
Nearly five years after being sent to prison for his role in the most notorious corporate collapse of all time, former Enron CEO Jeffrey Skilling is taking his case back to the Supreme Court.
In "The Arrogance Cycle", Farr says he provides what every investor needs to know to protect his or her assets from the next big financial bubble.
Regulators are questioning major U.S. banks about capital raising plans and BofA announces they plan to make at least 3,500 layoffs beginning tomorrow, with CNBC's Kate Kelly and Steve Liesman.
The news that the federal government is suing 17 of the biggest banks in the world for hundreds of billions of dollars no doubt has many people wondering what was the point of bailing them out with hundreds of billions of dollars.
Dominique Strauss-Kahn returned home to France on Sunday, for the first time since attempted rape accusations by a New York hotel maid unleashed an international scandal that dashed the former International Monetary Fund chief's chances for the French presidency.
The Fast Money traders weigh in on the winners and losers in the Justice Department's decision to block AT&T's acquisition of T-Mobile, and CNBC's Jon Fortt with a look at the impact the scuttled merger will have on the rest of the wireless universe.
Medical marijuana cannot be sold through private shops, the Michigan appeals court said Wednesday in a major decision that strikes at businesses trying to cash in on pot and cuts off a source for people with chronic ailments.
Regulators will announce Wednesday that Google will pay $500 million to settle government charges that it has illegally shown ads for online pharmacies that operate outside the law, according to two people briefed on the investigation. The New York Times reports.
The news that Goldman Sachs chief executive Lloyd Blankfein has hired a high-profile Washington, DC criminal defense attorney likely means that at least one of the government inquiries into Goldman is advancing. And it may indicate that Blankfein himself faces potential legal liability.
Prosecutors in New York have asked a judge to dismiss sexual assault charges against former IMF chief, Dominique Strauss-Kahn. CNBC's Kayla Tausche has the details.
Charges against former head of the International Monetary Fund Dominique Strauss-Kahn may be dropped altogether this week in New York.
The prefab, gaudily costumed 1970s group the Village People and its big hit “Y.M.C.A.” are enduring symbols of the disco era. But now this campy and eternally popular song has become the centerpiece of what could be a significant test of copyright law. The New York Times reports.
Opposing lawyers disputed the meaning of a medical report that said "rape" caused injuries sustained by the woman who has accused former IMF chief Dominique Strauss-Kahn of sexual assault.
An attorney for several hundred victims of Bernard Madoff's Ponzi scheme says she will ask the Supreme Court to overturn an appeals court ruling that would limit payments by the Securities Investor Protection Corporation.
The nation's two largest hot dog makers are taking their legal beefs Monday to federal court in Chicago, where a judge will determine whether Oscar Mayer or Ball Park franks broke false-advertising laws in their efforts to become top dog.
Limited government got a boost today. A Federal Appeals court ruled that the health care law's individual mandate is unconstitutional. Greg Abbott, Texas attorney general weighs in.
The former girlfriend of billionaire financier George Soros has accused him of reneging on a promise to buy her an apartment in New York City and has filed at $50 million lawsuit.
The Dow and Yves Saint Laurent have something in common. They are both continuing to embrace the color red.
Former IMF chief Dominique Strauss-Kahn sexually assaulted a housekeeper in a "violent and sadistic attack" in his hotel suite in Manhattan in May, a civil lawsuit filed on Monday alleges.