A provision in the Senate’s two-year budget deal would cut the Federal Reserve's operating surplus by $2.5 billion, the second time in recent years that Congress has diverted Fed funds. ... Read full article
There were no sighs of relief from bankers, who realize their planning could still prove useful as the potential for another shutdown looms. ... Read full article
Financial firms have mostly shrugged off the government's budget woes, but Washington's gridlock might pose a bigger risk than they think. ... Read full article
Profits at the Puerto Rico-based company rose in the second quarter, lifted in part by commercial loan growth in its U.S. operations. Popular executives said they have sold off the company’s remaining direct exposure to the island’s central government. ... Read full article
