Congressional investigators have stepped up their inquiry into the work of credit rating firms that examined MF Global's overly risky bets on European government bonds and whether they overlooked crucial information in their evaluations, the Wall Street Journal reported, citing people familiar with the matter.
Treasury Secretary Timothy Geithner will travel to China and Japan next week to discuss U.S. sanctions on Iran and the state of the global economy with top government officials, the Treasury Department said on Wednesday.
U.S. Treasury Secretary Timothy Geithner will travel to China and Japan next week to discuss U.S. sanctions on Iran and the state of the global economy with top government officials, the Treasury Department said on Wednesday.
U.S. stocks fell more than 1 percent on Wednesday after a hefty year-end rally and the S&P 500 erased gains for the year on renewed concerns about the euro zone's financial health.
AT&T gives up on $39 billion bid for T-Mobile USA
Banking stocks fell sharply on Monday, leading U.S. stocks lower in a low-volume session as investors again focused on the uncertain outlook in the euro zone.
General Electric, the No. 1 U.S. conglomerate, unveiled a major upgrade of its Proficy Historian enterprise software to enable manufacturers to better access huge databases and improve quality.
American Airlines bankruptcy won't hurt flyers... now
An American Airlines pension plan default in bankruptcy would be the largest in U.S. history as its accounts are underfunded by $10 billion, government pension insurers estimated on Tuesday.
Google argues against U.S. online piracy bill
Deforestation in northern regions linked to global cooling, researchers announced Wednesday.
Jordan Landon, 9, of Cove City, North Carolina, spent almost 2 days stuck in a car wreck, after the vehicle her father and she were in met with an accident.
The European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to research from the San Francisco Federal Reserve Bank.
Prime Minister Yoshihiko Noda on Friday declared Japan's readiness to join talks on a U.S.-led free trade pact that could radically transform the nation's economy and challenge its political status quo.
Stocks tumbled 3 percent on Wednesday in the market's worst day since mid-August as a spike in Italian bond yields signaled the European debt crisis had worsened.
The government of Switzerland has proposed a multibillion-dollar settlement with U.S. authorities over allegations that it helped wealthy Americans avoid billions of dollars in U.S. taxes, according to sources briefed on the matter.
Real-time disclosure of the credit ratings on debt in the $3.7 trillion U.S. municipal bond market will be available in coming months, the board that collects market data said on Monday.
United Continental Holdings, Inc. on Thursday reported its net income plunged 23.4 percent year over year as fuel expenses and merger-related costs weighed down its performance.
RBC Capital Markets recently published an interesting sell signal for the U.S. dollar early next month.
United Continental Holdings Inc and its rival US Airways Group Inc said on Thursday their quarterly profits were battered by soaring fuel costs, but travel demand appears to be robust despite gathering economic threats.
United Continental Holdings and its rival US Airways Group on Thursday said their quarterly profits were battered by soaring fuel costs, but travel demand appears to be robust, undeterred by gathering economic threats.
Pakistan has strongly denied the BBC’s report.
