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Last year, private-equity firm Lone Star Funds bought up nearly $6.7 billion of Merrill Lynch's credit debt obligations at 22 cents on the dollar. Could that be the private model the Treasury Department wants others to duplicate? Simon Johnson, a professor at MIT and a former chief economist at the International Monetary Fund, offers his insight.

Authorities now say that all the missing from the collapse in Changsha had been accounted for, according to state broadcaster CCTV.

Top executives of Wells Fargo and Equifax faced lawmakers on Capitol Hill to answer questions about ongoing scandals at both companies.

Sophie Varon loves to shop. The store Forever 21 is her weakness. And lately, she's been wondering if her shopping habit has become a shopping problem.

The economy and high prices are likely to be the top issues as voters go to the polls this summer and fall.

Charlie Shrem went to prison for his involvement in Bitcoin trading. Now he's out and part of the next evolution of Bitcoin's future, investments that trade using Bitcoin's underlying technology.

JEA, the city-owned utility, accounts for 27 of the 70 positions that earn more than $200,000 a year.

President Trump's new taxes on imported goods are creating a "scary ride" for the U.S. market, says personal finance columnist Michelle Singletary. She recommends keeping these three things in mind.

The European Union wants to sharpen its sanctions against Russia. But its leaders acknowledge Europe's economy could suffer.

If activists have their way, not only the looters, but the buyers, of stolen cultural relics will face criminal repercussions.