The U.S. Supreme Court agreed on Friday to hear a legal challenge to a key part of the Obamacare health law which, if successful, would deprive millions of Americans of tax-credit subsidies to help them afford health insurance coverage.
A former stockbroker pleaded guilty on Thursday to his role in an insider trading scheme centered on a technology company acquired by International Business Machines Corp in 2009.
U.S. regulators plan to join their UK peers in a multi-billion-dollar settlement with a group of the biggest global banks accused of manipulating the foreign exchange market, sources familiar with the matter said, adding the deal could come as early as next week.
Only months into an overhaul of financial benchmarks at the center of market manipulation allegations, traders and investors have raised concerns over whether new rules will work and big banks will have too much influence.
