Randal Quarles, who served in top Treasury Department positions under two Republican presidents, has been nominated by President Donald Trump to take a key position on the Federal Reserve board in charge of overseeing the banking system.
A Tokyo court began hearings Tuesday into charges that the head of the failed Japan-based bitcoin exchange Mt.
Shares were mostly higher in Asia on Tuesday ahead of Federal Reserve chair Janet Yellen's testimony to Congress.
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Sen. Ted Cruz, R-Texas, joined the growing chorus of lawmakers calling on Congress to forego its August recess until it passes legislation to repeal and replace ObamaCare.
A lawyer for Donald Trump Jr. late Monday dismissed a New York Times report that the president's eldest son knew that potentially damaging information on Hillary Clinton was offered as part of a Russian government effort to assist his father in last year's election.
Chinese conglomerate Wanda Group, owner of Hollywood's Legendary Studios, is selling most of its theme parks, retreating from a business it once said would challenge Walt Disney Co.
Gov. Jerry Brown and legislative leaders have struck a deal to extend California's cap-and-trade program through 2030, but it still needs backing from two-thirds of lawmakers.