Business News / Business

Fed questions BofA on tax strategy for hedge funds

Bank of America has been questioned by U.S. regulators over a strategy that helps hedge funds and other large clients reduce their taxes on dividend payments.

In the strategy, known as "dividend arbitrage," a bank moves ownership of a client's ...

Recessions bad for birth rate

Recessions are bad for babies -- and not just during the recession, according to new research.

Women who were in their early 20s during the recent recession are likely to have fewer children -- even a decade or more after the economy has ...