Jim Zarroli

Citigroup has agreed to pay $7 billion to settle claims that it committed fraud when it sold mortgage-backed securities in the years leading up to the financial crisis. Most of the mo...

Citigroup has settled civil charges related to the marketing of mortgage-backed securities in the years leading up to the financial crisis. Some of the money will go toward mortgage relief.

After missing a June 30 deadline, Argentina has a 30-day grace period to pay investors $539 million in interest. Otherwise, the country will default on its debts. Argentinian official...

June was a good month for job creation, according to the new Labor Department report. Employers added 288,000 positions to payrolls and the unemployment rate fell to 6.1 percent.

The report comes out a day earlier than normal because of the July 4 holiday. The job market has been racking up healthy gains this year, and the latest report is expected to show continued growth.

BNP Paribas pleaded guilty to violating U.S. sanctions law. It admitted that it helped clients in Sudan and other countries evade U.S. trade embargoes through its New York office.

The French banking giant BNP Paribas will pay a penalty of nearly $9 billion and plead guilty to criminal charges for doing business with countries sanctioned by the U.S.

For much of the past 14 years, Argentina has grappled with its international creditors over how much it has to pay them. A deadline set by the U.S. Supreme Court is coming up, a date ...

Even though votes are still being counted, Rep. Charles Rangel has declared victory in his race against Adriano Espaillat. It could be more than a week before the results are available.

The U.S. government is reportedly nearing a settlement with BNP Paribas, drawing to a potential end allegations that the French bank hid $30 billion in transactions involving countries that violated U.S. sanctions.

Medical device company Medtronic is merging with another firm and moving its legal headquarters to Ireland. The move is a tax-saving strategy called "inversion," and it's growing more common.

The Senate Permanent Subcommittee on Investigations is holding a hearing on problems in the financial markets caused by high-frequency trading firms.

The Chamber of Commerce says it tried to help Eric Cantor in his primary campaign, but Cantor refused the offer.

Claims for and against the pipeline are overblown. It won't make much of a difference on climate change, and it likely won't help the U.S. become energy independent.

AT&T's $49 billion acquisition of DirecTV now faces regulatory scrutiny. Meanwhile, a deal merging Comcast and Time Warner Cable is also in the works. Consumer advocates worry about c...

The acquisition was approved by the boards of both companies over the weekend and announced on Sunday. The deal takes place at a time when the media landscape has been transformed by new technologies.

Pennsylvania is among six states holding primary elections Tuesday. Gov. Tom Corbett is unchallenged in the GOP primary, but the general election is a different story.

Chipotle is one of the fastest-growing restaurant chains but shareholders gave a thumbs down to the company's executive compensation plan. The board can still override the shareholders' vote.

The Securities and Exchange Commission is poised to let small businesses get financed by the masses. Investing in startups is risky, though. Meanwhile, critics are wary of regulation.

Crossroads GPS, the social welfare organization guided by conservative strategist Karl Rove, is practically invisible so far in the midterm political battles.