The chairman of the Senate Banking Committee on Tuesday unveiled a sweeping regulatory reform bill that would strip the Federal Reserve of nearly all of its power to oversee banks, setting up a possible clash with the Obama administration, which has argued for the central bank to play a pivotal role...

One day in late summer 2008, FBI and Secret Service agents flew to Chicago to inform Barack Obama's campaign team that its computer system had been hacked. "You've got a problem. Somebody's trying to get inside your systems," an FBI agent told the team, according to a source familiar with the inc...

The government's most prominent criminal case against Wall Street executives accused of wrongdoing in the financial crisis collapsed Tuesday as a jury found two former Bear Stearns hedge-fund managers not guilty of charges they lied to investors when their investments in subprime mortgages turned...

By now most people have heard the story of the frog that's put in a pot of cold water on a hot stove and doesn't notice as it is gradually boiled to death. The story may not be true: Most frogs apparently will jump out of the pot at some point. But it remains a useful metaphor for how dysfunctional...

A regulatory bill that Sen. Christopher J. Dodd (D-Conn.) introduced Tuesday would create three agencies aimed at policing threats to the economy, preserving banks in good health and protecting borrowers from abuse.

The number of homeowners getting help from the government's massive foreclosure program is growing, according to data released Tuesday, but it is unclear how many of these borrowers might still lose their homes.

Hospitality giant Marriott International is launching a new brand called the Autograph Collection, aimed at tapping customers who prefer independent, high-end hotels over brands such as Marriott, Hilton and Four Seasons.