Goldman Faces Record Payout in Mortgage Suit
Goldman Sachs has held talks to resolve an FHFA lawsuit over crisis-era mortgage securities and a deal could cost the firm in the range of $800 million to $1.25 billion, according to people familiar with the matter.
Federal Reserve's Rate Debate Looks Set to Heat Up
Federal Reserve officials will likely move closer to ending their purchases of mortgage and Treasury bonds at a policy meeting next week and discuss when and how to raise interest rates.
Fox Bolsters Cash With BSkyB Deal
British Sky Broadcasting Group said it agreed to buy all of Sky Italia and most of Sky Deutschland from Rupert Murdoch's 21st Century Fox, for more than $9 billion.