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  • NEW YORK— The Consumer Financial Protection Bureau proposed a massive overhaul of the multibillion dollar debt-collection industry on Thursday, which would restrict collectors from calling numerous times a day, require them to have more documentation on what's owed, and give people more ability to dispute their bills. It would be the biggest overhaul of the...

  • WASHINGTON _ CoStar Group Inc. on Wednesday reported second-quarter net income of $15.6 million, after reporting a loss in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share. Four analysts surveyed by Zacks expected $206.1 million.

  • WASHINGTON _ Vanda Pharmaceuticals Inc. on Wednesday reported a loss of $4.6 million in its second quarter. On a per-share basis, the Washington- based company said it had a loss of 11 cents. Keywords: Vanda Pharmaceuticals, Earnings Report.

  • WASHINGTON, July 27- Teva Pharmaceutical Industries Ltd won U.S. antitrust approval to purchase Allergan Plc's generics business, after agreeing to divest 79 generic drugs to rival firms, the Federal Trade Commission said on Wednesday. "Millions of Americans rely daily on generic drugs to treat a wide range of illnesses," Debbie Feinstein, director of the FTC's...

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • WASHINGTON _ The Advisory Board Co. on Wednesday reported second-quarter net income of $7.5 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share. Advisory Board expects full-year earnings in the range of $1.83 to $1.90 per share, with revenue in the range of $817 million to $830 million.

  • WASHINGTON— Below is the statement the Fed released Wednesday after its policy meeting ended:. Information received since the Federal Open Market Committee met in June indicates that the labor market strengthened and that economic activity has been expanding at a moderate rate. Job gains were strong in June following weak growth in May.

  • WASHINGTON— The Federal Reserve said Wednesday that near-term risks to the U.S. economy have diminished, reviving the prospect that it will resume raising interest rates as soon as September. The Fed seemed to be referring in particular to Britain's vote last month to leave the European Union— a move that poses risks to the rest of Europe and to the global economy.

  • NEW YORK, July 27- Private equity firm Carlyle Group L.P. posted higher-than-expected quarterly earnings on Wednesday as a rebound in oil prices and a firmer global financial market bolstered investment returns. The Washington D.C.- based firm, which manages $175.6 billion, is the latest U.S. buyout company to benefit from stabilising crude prices that have...

  • WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.. MADRID— National Statistics Institute releases second-quarter unemployment figures.

  • WASHINGTON— The Latest on the hacking of the Democratic National Committee:. During a news conference, Trump addressed Russia and said he hoped the country could find Clinton's missing 30,000 emails that were deleted from her personal server while she was secretary of state. Russia, if you're listening, I hope you're able to find the 30,000 e-mails that are...

  • WASHINGTON— Donald Trump encouraged Russia on Wednesday to find and make public missing emails deleted by his presidential opponent, Hillary Clinton, setting off an instant debate over hacking and his urging of a foreign government to meddle in American politics. Mike Pence, took a different tack and warned of "serious consequences" if Russia interfered in the...

  • WASHINGTON— The number of Americans who signed contracts to buy homes crept up in June, a possible indication that the recent growth in real estate sales is still on track. The National Association of Realtors said Wednesday that its seasonally adjusted pending home sales index rose 0.2 percent last month to 111, regaining some ground after a dip in May.

  • Demand for durable goods dropped 4 percent in June, the biggest setback since an 18.4 percent drop in August 2014, the Commerce Department reported Wednesday. "It is a tale of two economies," said Chris Rupkey, chief financial economist at MUFG Union Bank. Economists at Barclays Research trimmed their forecast to 2.3 percent growth, down from 2.4 percent.

  • NEW YORK, July 27- Private equity firm Carlyle Group L.P. posted higher-than-expected quarterly earnings on Wednesday, in line with its peers, as a firmer global financial market bolstered investment returns. After taxes, Carlyle said it had earned ENI of $115.1 million, or 35 cents per share. The Washington D.C.- based firm, which manages $175.6 billion, is the...

  • WASHINGTON _ The Carlyle Group LP on Wednesday reported second-quarter net income of $6.1 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • TOKYO— "Pokemon Go" players are descending on an atomic bomb memorial park in Hiroshima, and officials of the western Japanese city are displeased. They have asked game developer Niantic Inc. to remove the "Pokestops" and other virtual sites that show up in the park for those playing the augmented-reality game. Elsewhere, the U.S. Holocaust Memorial Museum in...

  • WASHINGTON— A senior senator is examining whether Medicare's prescription drug benefit is vulnerable to manipulation by pharmaceutical companies that set very high prices for medications. Grassley acted after The Associated Press reported on Medicare data that show spending for high-cost drugs covered under the program's "catastrophic" protection...

  • WASHINGTON— With consumers spending and employers hiring more freely, the U.S. economy has fared better of late. But when the Federal Reserve ends its latest policy meeting Wednesday, most analysts think it will signal that it wants to see further gains before raising interest rates again. "If we get decent economic news between now and September, I think the odds...

  • THURSDAY, JULY 28 NEW HAVEN, United States- European Central Bank board member Benoit Coeure speaks at the Yale Forum on financial crisis management organised by U.S. Department of Treasury in New Haven- 1800 GMT. CAMBRIDGE- Federal Reserve Bank of San Francisco President John Williams participates in a policy dialogue on "What's Left in the Fed's Tool Kit?"