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All 23 of the U.S. banks included in the Federal Reserve’s annual stress test weathered a severe recession scenario while continuing to lend to consumers and…

Demand for home mortgages in the U.S. climbed again last week. The Mortgage Bankers Association (MBA) said Wednesday that mortgage loan application volume jumped 3% compared…

The death of New York’s Richard Ravitch, a legendary civic and economic expert and problem solver, prompted the New York Times’ Ginia Bellafante to recall the…

Nike (NKE) stock’s big week is already off to a rough start, after J.P. Morgan Securities trimmed its price target to $146 from $152. The bear…

By James Davey LONDON (Reuters) – One in seven people in the United Kingdom faced hunger last year because they did not have enough money, according…

By Valerie Volcovici WASHINGTON (Reuters) – The Environmental Protection Agency on Wednesday launched a $7 billion competitive grant program that aims to give low-income communities access…

© Reuters. FILE PHOTO: Trafigura logo is pictured in the company entrance in Geneva March 11, 2012. REUTERS/Denis Balibouse//File Photo By Eric Onstad LONDON (Reuters) -…

Sanctions on Russia are beginning to be felt “much more keenly in the Kremlin” than they were six months ago, John Kirby, the White House national-security…

Smoke clouds from the wildfires in Canada — which engulfed New York City and large parts of the Northeast earlier this month — have now made…

By Denny Jacob Jefferies Financial Group reported sharply lower top- and bottom-line results, reflecting the challenging operating environment in the second quarter. The holding company, which…