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Wayne Ellis

Federal Reserve Building
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After three years of court-wrangling and trade-offs, the Volcker Rule will be finalized today by the Federal Reserve, the Federal Deposit Insurance Corp. (FDIC) and three other agencies to restrict risky proprietary trading, while protecting economically essential activities such as market-making.

woman running in Lululemon clothing
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A group of Lululemon investors has banded together to sue the apparel company for securities fraud.

[Stock traders]
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Bloomberg reports that the Vanguard Group, Inc. has grown its market share from 15 to 20 percent since 2010.

Disappointing Christmas Present
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With the holiday season upon us, retailers typically drink in revenues and watch their share prices soar. While that might be the case with Wal-Mart and Costco, Target’s being left behind.

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Third quarter figures for the euro zone reflected an increase in gross domestic product of only 0.1 percent, after a 0.3 percent gain over the three previous months.

bank sign
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The European Commission (EC) handed down its largest fines ever, totaling $2.3 billion, for interest rate rigging.

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