MARKETS / FINANCE

Greece averted the immediate threat of an uncontrolled default on Friday when a sufficient number of private creditors agreed on a bond swap deal that will cut the country's public debt and clear the way for a new bailout.

Back in late 2010, billionaire hedge fund manager John Paulson told “a standing-room-only crowd at New York’s University Club” that US inflation could hit double-digits in 2012. His forecast on gold and inflation, however, haven’t panned out so far in 2012.

Bank regulators approved Capital One Financials acquisition of HSBC's $30 billion U.S. credit card business, the Office of the Comptroller of the Currency announced on Friday.

Employers added more than 200,000 workers to their payrolls for a third straight month in February, a sign the economy was strengthening and in less need of further monetary stimulus from the Federal Reserve.

NetJets Inc, a private jet-sharing company owned by Warren Buffett's Berkshire Hathaway Inc , was sued for $366.3 million by the government to recover unpaid taxes, four months after sued the government for nearly twice as much.

U.S. and UK intelligence officers had their fingerprints all over this forced “regime change” in Iran.

Bank regulators approved Capital One Financial's acquisition of HSBC's $30 billion U.S. credit card business, the Office of the Comptroller of the Currency announced on Friday.

Apparently, critical race theory is a tough nut to crack. What does it mean exactly, and how has it affected Obama's policies?

A senior Morgan Stanley banker pleaded not guilty on Friday to hate crime, theft and assault charges stemming from an incident last December that police say escalated from a dispute over a $200-plus cab fare to a knife attack on the driver.

Wells Fargo recently announced that it will be instituting a $7 monthly service fee for checking accounts in six eastern states, adding to the 23 states where the fee is already in place. There are a few ways to avoid this fee.

Stocks advanced on Friday as investors brushed off the technical default by Greece and focused instead on another strong monthly jobs report.

A computer hacker-turned-FBI informant known as Sabu combined daring online attacks against governments and major companies with a life of petty crime and drugs, according to a copy of his plea agreement.

The regulator for Fannie Mae and Freddie Mac , responding to political pressure, on Friday slashed salaries for the chief executives of the two firms and ruled out bonuses for many top executives.

Chris Hughes, one of the co-founders of Facebook and a former online strategist for Barack Obama during the 2008 presidential campaign, has purchased a majority stake in The New Republic, the magazine said on Friday.

Stocks were on track to end the week higher on Friday after a strong monthly jobs report, but gains were trimmed in late afternoon trade on news of a credit event in Greece.

Stocks pared gains in late trading on Friday, as worries about Greece increased after news that a derivatives group has declared a Greek credit event.

A new compensation plan for housing-giants Fannie Mae and Freddie Mac announced on Friday by their government regulator will eliminate executive bonuses and target CEO pay at $500,000.

Ford Motor Co will offer lump-sum payouts as an option for future salaried retirees in the United States as part of its push to decrease the risk presented by its pension obligation.

Since it exploded into the American consciousness earlier this week, Invisible Children's methodology has been much scrutinized, but ICC chief Louis Moreno Ocampo has defended has defended the campaign.

Search engines users disapprove of personal data being collected for search results or for targeted advertising, according to a Pew survey released on Friday that underscored the public's growing concern with web privacy.

Stocks advanced on Friday after another strong monthly jobs report showed the economic recovery was expanding.

Stocks rose on Friday after another strong monthly jobs report showed the economic recovery was broadening.

Freddie Mac requested $146 million from the U.S. Treasury in order help make interest payments on government loans used to keep the mortgage buyer afloat, the company said Friday.

Employment grew solidly for a third straight month in February, a sign the economic recovery was strengthening and in less need of further monetary stimulus from the Federal Reserve.

Employment grew solidly for a third straight month in February, a sign the economic recovery was broadening and in less need of further monetary stimulus from the Federal Reserve.

The U.S. trade deficit widened more than expected in January as high oil prices and resurgent demand helped pushed imports to a record high, a Commerce Department report showed on Friday.

Stocks rose on Friday, adding to their best two-day run in nearly three months, after a report showed the economy added more jobs than expected in February.

Stocks were set for a higher open on Friday after a report showed the economy added more jobs than expected in February, which could push indexes into a higher trading range in the weeks ahead.

Stock index futures edged lower on Friday after their strongest two-day gain in nearly three months and ahead of a report likely to show employment grew solidly for a third straight month.