Citigroup Inc. is being investigated over its student-loan servicing practices in a probe that the bank said echoes an enforcement action against at least one other institution. Citigroup, which didn’t disclose which regulatory agency is involved, is cooperating with the probe, the New York-based firm said Monday in a filing. The investigation may result in penalties or having the bank offer restitution to customers, Citigroup said.
PALO ALTO, Calif.—Auto makers have been laying the groundwork to seek relief from U.S. regulators on lofty fuel-economy targets. The Silicon Valley electric-car maker is preparing to make a public case this week for leaving mileage and emissions regulations intact, or making them even more stringent, a Tesla executive said. The company also will fight to keep other auto makers from loosening regulations in California, which has more ambitious targets
U.S. construction spending increased in June by the smallest amount in five months as a big drop in nonresidential building activity offset a third straight increase in home building. Construction spending …
U.S. factories were a little less busy last month. The Institute of Purchasing Managers’ manufacturing index slipped to 52.7 last month from 53.5 in June. Economists had expected the index to remain unchanged. …
Greece’s main stock index plunged over 22 percent as it reopened Monday after a five-week closure, giving investors their first opportunity since late June to react to the country’s latest economic crisis. …
Consumer spending in June rose by the smallest amount in four months as shoppers cut back on purchases of cars and other big-ticket items. Consumer spending edged up 0.2 percent in June, the poorest showing …
The world’s biggest oil companies are painting a grim picture of the future and speculators are listening. The net-long position in West Texas Intermediate contracted 7% in the seven days.
At this point, if you think Jon Snow (Kit Harington) is dead on Game of Thrones, then you know nothing. Not only are there a ton of theories on how Jon is vitally important to the…
Bold move, Cara Delevingne. This supermodel isn’t shy about much, and that includes her hair color. Point in case: The 22-year-old is currently rocking bold cotton candy pink locks….
Liam Payne was “shocked” to learn that Louis Tomlinson is going to be a father. Speaking to Magic Radio’s Jo Parkerson Monday, the One Direction singer recalled his reaction,…
