Freddie Mac , the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support amid a "prolonged deterioration" in housing.
World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resis...(11:24 AM ET)
U.S. Treasury Secretary Timothy Geithner said high unemployment rates show that economic recovery is still perilous and governments need to maintain stimulus as long as necessary t...(11:16 AM ET)
World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resis...(7:16 AM ET)
Bank regulators closed Gateway Bank of St. Louis, in St. Louis, Missouri, and Prosperan Bank, of Oakdale, Minnesota, on Friday, the 118th and 119th U.S. bank to fail this year.(Nov 06)
Bank regulators closed Home Federal Savings Bank, of Detroit, on Friday, the 117th U.S. bank to fail this year as deteriorating loans continue to take their toll on financial insti...(Nov 06)
Private equity firm Blackstone Group LP <BX.N> posted a forecast-beating quarterly profit on Friday and said it is gearing up for more deals and IPOs as the lending and equit...(Nov 06)
Warren Buffett's Berkshire Hathaway Inc <BRKa.N> <BRKb.N> on Friday said quarterly earnings tripled, as rising stock markets boosted its investment holdings and a quiet...(Nov 06)
Warren Buffett's Berkshire Hathaway Inc <BRKa.N> <BRKb.N> on Friday said third quarter net income tripled, as rising stock markets boosted its investment holdings and a...(Nov 06)
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