In Partnership with:
16283 Stories, most recent news story added 44 minutes ago
Unemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday.
Nov. 10 (Bloomberg) -- At least three U.S. banks failed in the past year after the Federal Deposit Insurance Corp. deemed them healthy enough to qualify for a program that reduced the time examiners spent on reviews by at least 20 percent.
WASHINGTON—Unemployment likely will remain high for the next several years because the economic recovery won’t be strong enough to spur robust hiring, Federal Reserve officials warned today. The cautionary note struck by the presidents of regional Fed banks in San Francisco and Atlanta were the first public remarks of Fed officials since the government reported last week that the nation’s ...
Unemployment is likely to remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, according to Federal Reserve officials. The cautionary note struck by the presidents of regional Fed banks in San Francisco and Atlanta were the first public remarks of Fed officials since the government reported last week that the nation's jobless rate ...
The credit crunch continues, with lenders getting tougher on everyone from people wanting to buy homes to small businesses trying to grow.
Senate Banking Committee Chairman Christopher Dodd on Tuesday called for sweeping new government powers to prevent another economic collapse.
(RTTNews) - The dollar was mixed versus other majors on Tuesday, stabilizing versus the euro but turning lower against the sterling and loonie. With no first-tier economic data to consider, traders focused some attention on a pair of speeches from Federal Reserve officials.
The measure would give the government new power to prevent another financial system meltdown and protect consumers. Dodd's 1,100 page-draft would strip the Federal Reserve and other regulators of their powers to regulate banks and hand that job to a single agency. The bill also would take away the Fed's ability to monitor credit cards and mortgages and establish a new "Consumer Financial ...
Nov. 10 (Bloomberg) -- Emerging-market stocks are poised to gain 25 percent by the end of next year, for the steepest two- year rally since 1989, as earnings surge and investors boost holdings in the fastest-growing economies, Morgan Stanley said.
Senate Banking Committee Chairman Christopher Dodd takes the wraps off a sweeping package of bank-reform measures, including provisions to create a consolidated bank regulator, limit fallout from the collapse of a bank deemed too big to fail, and set up a consumer-protection agency.
Sen. Christopher Dodd's measure breaks with the Obama administration's outline to overhaul the financial system and is sure to be opposed by current regulating agencies, as well as banks. The chairman of the Senate Banking committee today unveiled his version of legislation to overhaul the nation's financial regulations, which sharply differs from the Obama administration's plan by proposing the ...
Nov. 10 (Bloomberg) -- Job openings in the U.S. rose in September to the highest level in three months, indicating companies are waiting to make sure the economy will keep growing before committing to expand payrolls.
Nov. 10 (Bloomberg) -- Treasury 10-year notes rose for a third day as stocks fell and the government prepared to sell a record $25 billion of the securities.
Boston Fed Chief: Living Wills Could Play Key Role
Nov. 10 (Bloomberg) -- U.S. stocks fluctuated following six straight gains for the Standard & Poor’s 500 Index as earnings that disappointed investors at MBIA Inc. and Fluor Corp. offset better-than-estimated results at Priceline.com Inc.
Nov. 10 (Bloomberg) -- The dollar rose from almost a 15- month low against the currencies of major U.S. trading partners on speculation demand for higher-yielding assets fell.
