Marcus Baram

It's been a long road back for Christina Fitzgerald.

After nearly two years spent looking for work in several cities, Fitzgerald arrived in Charlotte, N.C., in 2010, pregnant and homeless at age 41, living out of her Honda Accord and still unable to land a job. She found temporary shelter...

Some top Walmart executives have been active in a lobbying group that is pushing to weaken the country's main anti-bribery law, as first reported in the Washington Post. That statute is at the heart of the Justice Department's criminal investigation of the giant retailer in the wake of...

Less than a year after a tsunami devastated Japan, killing almost 16,000 people and causing nuclear accidents, the Obama administration is proposing to cut $4.6 million from tsunami early warning and education programs.

The cuts to the National Oceanic and Atmospheric Administration's 2013 budget have been fiercely criticized by scientists...

It's got all the ingredients of a high-stakes courtroom thriller: billions of dollars on the line, intense Wall Street deal-making, and highly profitable oil speculation. But the big banks aren't taking any chances in this drama. They've hired the son of Supreme Court justice Antonin Scalia to help them fight...

In China, the former president of the state-owned Shanghai Pharmaceutical Group was recently sentenced to death for taking almost $2 million in bribes and embezzling $5 million.

Over here, the authorities are a little less aggressive. The FBI insists it is on the case.

In its latest financial...

Three years ago Mesa, Arizona, had so many foreclosures that President Obama chose the city as the site for a speech about the housing crisis. The conservative city regularly made the headlines due to the antics of former Republican state senator Russell Pearce, who was the lead sponsor of the...

Some of the world's biggest companies are benefiting from a program meant to help America's small businesses, according to a new study.

Lockheed Martin, IBM and AT&T all have snatched up federal government contracts meant for small businesses, according to a study from the American Small Business League.

In what is becoming a troubling pattern, financial regulators have yet again delayed a vote on a crucial provision of the Dodd-Frank Act.

The Commodity Futures Trading Commission again put off voting on a rule that would more strictly regulate the massive swaps market, which is used by firms to...

Los Angeles may be known for the glamor of Hollywood and the glitz of Beverly Hills, but it's also the homeless capital of America.

More than 51,000 homeless people live in Los Angeles County, from Antelope Valley to the South Bay, with double-digit percentage increases in the number of...

Is it more important to speed up the approval of medical devices for patients in pain or to make sure that they're safe?

That question is being debated today at a Congressional hearing amid fierce lobbying that pits the medical device industry against some consumer groups.

At issue is...

Amid the hue and cry on Wall Street that the Volcker rule goes too far to restrict banking activities, the former CEO of one giant bank thinks that the Volcker rule doesn't go far enough because it's not sufficiently tough to prevent firms from sneaking their way around the rule.

It will hurt big banks and small banks, foreign banks and domestic banks, state and local governments, big corporations and the poor. It may well make your whites less white and your colors less vibrant.

These are just some of the potential horrors of the so-called Volcker Rule, at least...

It will hurt big banks and small banks, foreign banks and domestic banks, state and local governments, big corporations and the poor. It may well make your whites less white and your colors less vibrant.

These are just some of the potential horrors of the so-called Volcker Rule, at least...

In recent years, Walmart has taken some steps to try to turn around its reputation as the company that everyone loves to hate through its sustainability initiatives, low-cost banking services and increased community donations.

But the mega-retailer still has a long way to go, judging by its repeat violations of...

If you work on Wall Street and you observe some illegal shenanigans, make sure you call up the right Financial Fraud Enforcement Task Force.

Over two years ago, President Obama announced to great fanfare the Justice Department's formation of a Financial Fraud Enforcement Task Force, which was tasked with investigating...

Along the banks of the American River, adjacent to the Highway 160 bridge in Sacramento, reside a few dozen homeless men and drifters. Nylon tents sprawl across the grass. In one of them lived Kevin Moore and Ray Sletto, whose bodies were found on the afternoon of Jan. 17.

A former Iraq-based General Electric executive claims he was fired after raising concerns that the company was violating federal anti-bribery laws.

Khaled Asadi says he objected to GE's hiring of a woman close to a senior Iraqi official in the summer of 2010 in order to "curry favor"...

This story has been updated

A former bank president faces 15 years behind bars after being found criminally responsible for fraud that "contributed to the financial crisis." One of the world's most-admired banks is accused of forcing California state pension funds to cover its $95 million in losses on mortgage-backed...

It's a Dickensian tale of fraud updated to the current day and its economic challenges.

A New York woman whose job was to help underwater homeowners in Buffalo avoid foreclosure stole $300,000 from them and gambled it away at casinos. Lori J. Macakanja, 36, Dunkirk, N.Y., was sentenced on Thursday...

The hubris of financial industry titans truly knows no bounds.

The chairman of the derivatives exchange that had oversight of bankrupt hedge fund MF Global raised some eyebrows on Thursday morning when he told analysts on a conference call that self-regulation worked "flawlessly" in that case.