Two online payday lending companies linked to a professional racecar driver have agreed to pay a record $21 million to resolve charges by U.S. regulators that they engaged in deceptive practices, the Federal Trade Commission said on Friday.
When U.S. authorities announced the arrest of Silk Road creator Ross Ulbricht in October 2013, they made a startling claim: the online black market had seen an estimated $1.2 billion in illicit sales since its inception.
U.S. congressional Republicans on Friday proposed legislation that would set "net neutrality" rules for broadband providers, aiming to head off tougher regulations backed by the Obama administration.
The Swiss franc shock reverberated through currency trading firms around the world on Friday, wiping out many small-scale investors and the brokerages that cater to them and forcing regulators to take a closer look at the sector.
