Breaking News

Ruling reversed for some New Orleans-area flood victims

NEW ORLEANS (AP) -- A Washington appeals court has reversed a lower court ruling that held the federal government liable for some of the flooding that followed Hurricane Katrina and other major storms - a ruling that could have resulted in damage payments for residents and businesses of New Orleans' Lower 9th Ward and neighboring St. Bernard Parish....

US stocks wobble and bond yields set four-year highs

NEW YORK (AP) -- U.S. stocks couldn't hang on to an early gain and finished mostly lower Monday as technology companies slipped. Bond prices continue to fall and the yield on the 10-year Treasury note drew closer to 3 percent, a milestone it hasn't reached since January 2014....

Closing arguments in fraud trial of former bank executives

WILMINGTON, Del. (AP) -- Four former Wilmington Trust Corporation executives knew they were misleading banking regulators and investors by concealing the truth about the bank's imploding commercial real estate loan portfolio in the wake of the 2008 financial crisis, a prosecutor told jurors Monday in the defendants' federal fraud and conspiracy trial....