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Mortgage applications jumped last week: MBA

Applications for U.S. home mortgages jumped last week, recouping the previous week's steep decline as interest rates continued to fall, an industry group said on Wednesday.
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Banks seek to avoid Volcker rule fire sale

U.S. banks want regulators to give them more time to liquidate investments in certain private equity funds under the Volcker rule, arguing that without more leeway they will have to hold fire sales.
Raj Rajaratnam at sentencing

Hedge Funds Getting It From All Sides... Or Not

To hear it from one side, private equity and hedge fund managers are under a veritable siege: under attack from politicians, regulators, an ornery market and uneasy clients. But the hedge fund managers themselves seem to be saying all is good in Greenwich.
Environmental activists demonstrate outside the United Nations Climate Change conference (COP17) in Durban December 3, 2011. The protest march was part of a Global Day of Action to demand a fair climate change deal.

'Big Three' Polluters Oppose Binding Climate Deal

The world's three biggest polluters China, the United States and India refused to move toward a new legal commitment to curb their carbon emissions Tuesday, increasing the risk that climate talks will fail to clinch a meaningful deal this week.
People work at a cafe in Taipei in this July 31, 2009 file photo.

Newer Economies Allow more High Tech Freedom at Work

Employees in fast-growing economies have more freedom over the technology they use for work than their counterparts in developed countries, and are more likely to see corporate provision of devices as a perk, according to a study.
An employee picks up a gold bar at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna

Gold Eyes EU Summit, Could Approach $2000

The European Union (EU) summit this Friday will consume market attention, as it will discuss steps to resolve the Eurozone debt crisis. Price sensitivity to headlines will persist, if not intensify, and make for jerky market moves.

What Does New York's Medicare-Medicaid Integration Mean for MCOs?

New York State's Medicaid Redesign Team (MRT) recently published its final recommendations to the New York State Dept. of Health, proposing a model that would fully integrate Medicaid and Medicare services for those eligible for both programs (dual eligibility).
Military helicopters

8 Aircraft and 4 Helicopter Crashes to Date: Defence Ministry

According to information conveyed by Indian Defence Minister, A.K. Antony, to the Rajya Sabha, a total of 8 fighter aircrafts and 4 helicopters, belonging to country's armed forces, have crashed between the period Jan. 1, 2011 and Dec. 2, 2011.
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Stock futures flat on caution over EU summit

Stocks index futures were little changed on Wednesday after two days of gains as investors waited to see if European officials can craft a plan to combat the region's debt crisis at a summit this week.
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Stock futures rise on EU summit optimism

Stock index futures rose on Wednesday as optimism continued to grow that European Union leaders would craft bold measures to combat the region's debt crisis at a summit this week.
Michele Bachmann

Michele Bachmann 2012: What Are Her Positions?

For most of her campaign, Michele Bachmann has made more headlines for her gaffes than for her platform, and her popularity has fallen as a result. But moving past the YouTube clips and headlines, what are the Minnesota congresswoman's political positions?

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