"Stop it. Just stop it," you said. "Stop with the personal finance books. Twelve ways to build my nest egg. Six ways to retire at 60. Sixty ways to retire at 6. What would the Buddha do with $5,000 and the right ETF? I can't take it anymore."
Representative Dave Camp, the top Republican tax writer in Congress, emerged from a meeting with party leaders today without a firm timeline for action after working for almost three years on revisions to the tax code.
Automobile dealers who three years ago won an exemption from direct oversight by the U.S. Consumer Financial Protection Bureau have found that it still has a lot of clout over how they finance car sales.
Radian Group Inc. accused Arch Capital Group Ltd. of inducing a former account manager to quit and take confidential information with her to gain a competitive edge when it enters the U.S. mortgage-guaranty business.
JPMorgan Chase & Co., the biggest U.S. bank, is using cheap funding from government-chartered institutions to meet new regulations designed to ensure it won’t need a taxpayer bailout in any future crisis.
Two Japanese clean energy funds plan to raise about 1 billion yen ($10 million) from the public and urge regional financial institutions to provide loans for wind and solar projects to boost the local economy.
U.K. credit unions, which have total assets of 537 million pounds ($895 million), face new rules from Britain’s financial regulator as the government prepares to let them carry out a wider range of activities.