Big Banks Brace for Penalties in Probes
Big banks in the U.S. and Europe are stockpiling billions to pay for a potential trans-Atlantic settlement of allegations that they manipulated foreign-exchange rates.
FCC Plans More Power Over Broadband
The head of the FCC is laying the groundwork for expanding the agency’s authority over broadband providers, but would still allow them to cut deals with content companies for special access.
U.S. Extends Solid Growth, Sidestepping Global Tumult
The U.S. economy expanded at a healthy 3.5% annual pace during the third quarter, a sign of sustained growth fueled by government spending and a narrower trade deficit despite mounting concerns about the health of overseas economies.