The Obama administration opposes the proposal because it would hinder the Fed's ability to help the economy, the White House said in a statement.
A ruling Tuesday by the 9th U.S. Circuit Court of Appeals in San Francisco means litigation can continue in a case scheduled for trial in June 2016.
U.S. markets rallied for much of the day, but gains were erased after a false alarm at a German soccer match.
For the first time, executives at major banks are under investigation for criminal wrongdoing during the subprime mortgage crisis.
It's been a rough month for the pharmaceutical giant. Recent controversies have damaged Valeant's brand, while female libido pill Addyi has barely sold.
Data closely watched by the Federal Reserve's interest rate-setting committee showed prices increasing and U.S. factory output gaining strength.
Stock markets across Europe and Asia advanced strongly Tuesday, shrugging off the short-lived impact of Friday's attacks in Paris.
Democrats have pressed House Oversight Chairman Jason Chaffetz, a Republican, to invite Valeant's CEO to testify over his company's massive price increases.
The investor also took a 1.36 million share stake in AIG during the third quarter, ahead of publicly pressuring the insurer to split into three companies.
"Valeant employees may have been personally involved in questionable billing practices that led Valeant to cut ties with Philidor," U.S. Rep. Elijah Cummings wrote.
The restraining orders would allow the sites to keep operating in New York state while their respective legal cases are heard.
The Tokyo stock index on Tuesday made up all of Monday's declines.
"Right now, there is a higher probability ... that there will be another terrorist attack somewhere in the Western world," a Blackstone executive said.
Even as the Islamic State group develops new methods of evading financial sanctions, experts say attacks like those in Paris could happen with financial independence.
U.S. consumers have pushed up quarterly results for retailers. Here’s what to expect from some of the bigger ones.
Transferring a balance to a zero-percent card may save money, but a few small mistakes could make the move costly.
In the lead-up to a critical climate conference in Paris, the world spent $391 billion on green investments -- a 20 percent increase year over year.
Stocks showed considerable resilience after the terrorist attacks in France, but Japan falling back into recession had a bigger impact on Asian markets.
However, the euro plummeted to a six-and-a-half month low against the yen Monday, as the Japanese currency benefited from its traditional safe-haven status.
Financial markets, unpredictable as always, show few clear patterns in the aftermath of incidents like the Nov. 13 terror attacks in Paris.
As investors scrambled into safe havens following last week’s deadly attacks in Paris, prices of oil and precious metals edged slightly up Monday.
Analysts expect declines will be short, while crude oil rose on speculation that supply from the Middle East may be disrupted.
Asian financial markets, the first to open since the attacks Friday night, were down Monday morning.
Asian shares and U.S. stock futures were lower and the euro skidded in early Asian trading on Monday, with stocks taking their cue from poor investor appetite for risk after the assault and Wall Street's steep losses.
The Japan offer is part of General Electric's move to shed most of its finance unit and become a "simpler" industrial business.
As a broad-based recovery in Southeast Asian stocks from this year's bear market lows fades, investors are seeking stocks exposed to the region's more enduring growth themes.
Thirty-three mainland China companies have announced plans this year to be taken private and delisted from the Unites States.
The New York Stock Exchange said it would hold a minute of silence for the victims of last week's terrorist attacks in Paris.
As French leaders seek to minimize the economic fallout, their most instructive lessons may come from the U.S. response to the attacks of Sept. 11, 2001.
Tourism and related industries may take a hit while so-called safe havens like Treasurys could get a bump.