ABI Blog Exchange

The bankruptcy trustee winding down the parent of Downey Savings & Loan has reached a settlement with the Federal Deposit Insurance Corp., closing the books on a legal fight over the rights to more than $444 million in tax refunds and other asset

Consumer prices rose in May by the largest amount in more than two years, thanks mainly to a spike in gas prices – the biggest in six years. Aside from energy, prices remained flat, the U.S. Bureau of Labor Statistics reported Thursday.

It's hard to get consumers and merchants to change their behaviors. But eventually the convenience and well-crafted incentives of mobile payments will prompt people to give up the plastic habit.

In a decision with broad and significant implications for many investors, the Court of Appeals for the Fifth Circuit has held that claims arising under a guarantee of a security issued by an affiliate can be subject to mandatory subordination pursuan

The Supreme Court has not handled its recent major bankruptcy decisions well. The jurisdictional confusion engendered by its 2011 decision in Stern v.

Sonja Morgan of “The Real Housewives of New York” attends the NBCUniversal Cable Entertainment 2015 Upfront in New York in May.

Shawn Thew/European Pressphoto Agency