Why interest rates may stay very low for a lot longer

Since the financial crash of 2008, one of the biggest guessing games in the U.S. economy and markets has centered on interest rates — and when they would finally rise from the historic lows that followed the Great Recession. But year after year, analysts who predicted...

BofA, Feds Near Biggest Settlement in US History

(NEWSER) – BofA, Feds Near Biggest Settlement in US History, which rises from the 2008 financial crash, a deal with the Justice Department reportedly worth $16 billion to $17 billion over its role in the sale of mortgage-backed securities, a source directly familiar...