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Fed likely to keep rates steady as it awaits Trump economic plan

By Lindsay Dunsmuir WASHINGTON (Reuters) – The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday in its first policy decision since President Donald Trump took office, as the central bank awaits greater clarity on his economic policies. Trump has promised a large infrastructure spending program, tax cuts, a rollback of regulations and a renegotiation of trade deals but has offered few details or a timeline for their roll out…

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Fed likely to keep rates steady as it awaits Trump economic plan

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Fed turns to Trump agenda with rate hike nearly in the bag

The Federal Reserve inaugurates the Trump era this week with a near-certain interest rate increase and new economic forecasts providing a first glimpse into whether the U.S. election has reshaped the central bank'…

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Fed turns to Trump agenda with rate hike nearly in the bag

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Wells Fargo agrees to $50 million settlement over homeowner fees

Wells Fargo & Co has agreed to pay $50 million to settle a racketeering lawsuit accusing it of overcharging hundreds of thousands of homeowners for appraisals ordered after they defaulted on their mortgage loans. The proposed settlement, which requires court approval, was disclosed in a filing on Friday in an Oakland, California federal court. Wells Fargo's settlement of the lawsuit comes as the bank is still recoiling from a scandal over sales targets that drove employees

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Wells Fargo agrees to $50 million settlement over homeowner fees

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Newest weapon in U.S. hunt for insider traders paying off

By Nate Raymond NEW YORK (Reuters) – When plumber Gary Pusey pleaded guilty in May to insider trading, it was a victory not just for New York prosecutors but for a little-known squad inside the U.S. Securities and Exchange Commission that uses data analysis to spot unusual trading patterns. Formed in 2010, the Analysis and Detection Center of the SEC's Market Abuse Unit culls through billions of rows of trading data going back 15 years to identify individuals …

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Newest weapon in U.S. hunt for insider traders paying off

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Fed to hold rates steady, put December hike firmly in view

The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday but set the stage for a hike in December amid signs the economy is picking up steam. The central bank has grown increasingly confident about raising rates and Chair Janet Yellen said in September that a move before the end of the year was likely should…

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Fed to hold rates steady, put December hike firmly in view