Finance

Wells Fargo has agreed to pay $3 billion to settle criminal and civil investigations into a long-running practice whereby company employees opened millions of unauthorized bank accounts in order to meet unrealistic sales goals By KEN SWEET AP Business Writer February 21, 2020, 9:29 PM 2 min read NEW YORK — Wells Fargo agreed Friday […]

Other states require that beneficiaries be told of the trust on their 18th or 21st birthday. In Delaware, a person could be kept in the dark until 30 or 40 or later. “Parents don’t want to tell someone at 18 that they have this multimillion-dollar trust if they can wait until their mid-20s or early

Federal Reserve officials and top economists have been debating which tools will work best to fight future recessions, and a clear consensus is forming: They are going to need lawmakers’ help. Interest rates are mired at lower levels than in past economic expansions, part of a long-running trend that looks unlikely to reverse anytime soon.

Deere is reporting a surprisingly strong first quarter after an extended period in which the tractor maker was bruised by the ongoing trade war between the United States and China By MICHELLE CHAPMAN AP Business Writer February 21, 2020, 6:17 PM 3 min read Deere & Co. had a surprisingly strong first quarter after an

U.S. home sales retreated 1.3% in January from the prior month, but low mortgage rates helped enable an increase in purchases from a year ago By JOSH BOAK AP Economics Writer February 21, 2020, 4:03 PM 1 min read WASHINGTON — U.S. home sales retreated 1.3% in January from the prior month, but low mortgage

“Con artists favor these payment methods because once the money is sent,” the F.T.C. said, “it is almost impossible to trace or reverse.” Ms. Vaca said the criminals “create an illusion,” adding: “You have a check in your hand, then a deposit in your bank account. It doesn’t look fake. It feels completely risk free.”

Deere is reporting a surprisingly strong first quarter after an extended period in which it was bruised by the ongoing trade war between the United States and China By MICHELLE CHAPMAN AP Business Writer February 21, 2020, 1:57 PM 2 min read Deere is reporting a surprisingly strong first quarter after an extended period in

TOKYO — Prime Minister Shinzo Abe should be basking in the limelight this year in the run-up to the 2020 Tokyo Olympics. Instead, the virus outbreak that has spread from China to even remote parts of Japan has Abe and his ruling Liberal Democratic Party playing defense. Abe has skated through numerous scandals since taking

The agency declined a request for an interview. But a spokesman replied that its enrollment communication efforts included a “robust and multifaceted outreach campaign that encourages consumers to review their Medicare coverage, compare alternatives and make an informed decision about options for the incoming year.” How is Americans’ health affected? Which type of coverage produces

TOKYO — You might have heard that the fear of a new virus from China is spreading faster than the actual virus. From earnest officials trying to calm a building panic. From your spouse. From the know-it-all who rattles off the many much more likely ways you’re going to die: smoking, car accidents, the flu.