Fed Chair Janet Yellen Defensive Against Trump Accusations

Federal Reserve Chair Janet Yellen defended the independence of the U.S. central bank Wednesday, saying it does not play politics in response to charges from Donald Trump that she is manipulating financial markets to benefit President Obama. Trump earlier this month said that the Yellen-led Fed is keeping interest rates low in order to give a boost to the stock market in an effort to make Obama's economic record look good.

Why Hillary Clinton’s nickname is ‘Bride of Frankenfood’

When she actually makes public appearances and isn't coughing or fainting, Democratic presidential candidate Hillary Clinton loves to pretend to be some kind of political outsider who sides with the people. But she's so in bed with special interests -- and has been for decades -- that Clinton has earned for herself such campaign-destroying nicknames as the " Bride of Frankenfood ," a denotation for her strong financial and political ties to agrichemical giants like Monsanto.

The Impact Of The Deutsche Bank Fine On Its Capital And On Other Banks

A final settlement in the upper scale will result in pressure on other banks to increase provisions for litigation expenses. The U.S Department of Justice's initial proposed settlement of $14bn for Deutsche Bank's Residential Mortgage Backed Securities misdeeds has sent shock waves through the market with DB's stock spiraling downwards.

Deutsche Bank Said to Securitize $5.5 Billion of Loans to Buoy Capital

Deutsche Bank is using a tailored financial structure to transfer the risk of losses to investors on a pool of corporate loans, according to people with knowledge of the matter. Deutsche Bank , facing investor concerns about its capital adequacy, plans to securitize more than $5.5 billion of corporate loans, in a move that's expected to reduce risks and bolster the lender's financial picture, people with knowledge of the matter said.

Shares of Deutsche Bank plunge amid US legal dispute

Shares in Deutsche Bank AG plunged Friday after the revelation that the U.S. Department of Justice is seeking $14 billion to settle civil claims over its handing of residential mortgage-backed securities. It's the latest blow for Germany's biggest bank by assets, which is in the middle of a painful transition as it tries to meet tougher regulatory requirements, cut costs and settle multiple legal investigations.

Clinton reveals more details on CU reg relief plan

Democratic presidential nominee Hillary Clinton on Thursday revealed more details in her regulatory relief plan for credit unions and other community institutions, including making clear when they are exempt from regulation and cutting down on regulatory "creep." "While Wall Street's reckless risk-taking created a global financial crisis, community banks and credit unions were working to help ordinary Americans and Main Street get ahead," she said.

U.S. Appeals Court Rejects Request to Reconsider Bank of America Ruling

A U.S. appeals court refused on Monday to reconsider its decision to overturn a $1.27 billion penalty against Bank of America Corp and a jury verdict finding it liable for mortgage fraud leading up to the 2008 financial crisis. The 2nd U.S. Circuit Court of Appeals in New York rejected a petition by Manhattan U.S. Attorney Preet Bharara's office to have a three-judge panel rehear the case and give the government at least an opportunity to seek a new trial.

Garden Q&A: What organic means; what are the moth-looking insects in…

I was in the grocery store and started wondering, what am I really getting when I buy organic fruits and vegetables? What makes one onion organic, and another not? The United States Department of Agriculture answers your question this way: "Organic agriculture produces products using methods that preserve the environment and avoid most synthetic materials, such as pesticides and antibiotics," and "a are grown and processed according to federal guidelines addressing, among many factors, soil quality, animal raising practices, pest and weed control, and use of additives." The key words in that rather long definition are "according to federal guidelines."

Louisiana residents without flood insurance face uncertainty

Quenton Robins watched on Sunday morning as a giant metal claw clamped down on his mother's ruined belongings, snapping wooden cabinets with an audible crack as the operator of a giant mechanized arm slowly cleared a mound of debris from her yard in Baton Rouge. Five feet of water swept through the homes in the quiet Park Forest neighborhood just over a week ago, shocking residents who had been told they did not live in a flood zone.

Liz Cheney wins primary for post her father held

In this photo provided by David Hume Kennerly, Wyoming U.S. House Republican candidate Liz Cheney gets a hug from her father, former Vice President Dick Cheney at his home in Wilson, Wyo., after she won the party's primary Tuesday, Aug. 16, 2016. Her victory Tuesday in the Republican primary likely signals that she will win the seat in the general election this fall.