Trump Demands Fed Lower Rates, Reviving Pressure Campaign

President Donald Trump intensified pressure on the Federal Reserve to lower interest rates, threatening to cut off trade with certain economies with which the US has a deficit if the central bank doesn’t act. Trump issued his demands Friday in a lengthy social media...

Radiant World Sent Lender Fake Glencore Deals, Lawsuit Says

Iron ore trader Radiant World used Glencore invoices that had already been paid, supported by fake contracts, in order to raise $31.7 million, a lender alleged in a filing to Singapore’s High Court. The disclosure — in papers filed by Singapore-based Incomlend Pte.,...

Fidelity: 769,000 savers have $1 million or more in their 401(k)

The first half of the year treated retirement savers well. The average 401(k) account balance with Fidelity Investments grew 10.5% in the second quarter from the end of March, a gain of 13.1% from a year earlier. Individual retirement account (IRA) balances jumped...