Banks worldwide need to strengthen their balance sheets to stabilize the financial system, senior U.S. regulators said on Tuesday.
Can white elephants come in green? President Barack Obama flew to Holland, Mich., on Thursday to attend groundbreaking ceremonies for a new lithium-ion battery plant, which the White House advertised as an example of federal stimulus grants at work and a gateway to a clean-energy future.
Futures for the S&P 500, Dow Jones and Nasdaq were down 0.2 to 0.3 percent at 900 GMT (5 a.m. EDT), pointing to a lower open on Wall Street on Tuesday.
Al Qaeda's No. 2 leader mocked President Barack Obama for voicing confidence over victory in Afghanistan, in an Internet message posted on Monday.
U.S. Vice President Joe Biden said on Sunday it was too soon to judge if a surge of U.S. troops into Afghanistan was winning the war and insisted he bore no ill will toward General Stanley McChrystal.
Sikorsky Aircraft, a unit of United Technologies Corp , expects a significant first order this week from a Middle Eastern country for the international version of its Black Hawk helicopter.
The passage of Wall Street reforms by Congress helps the economic recovery now under way by easing uncertainty that had been holding back investment, Vice President Joe Biden said on Sunday.
The Securities and Exchange Commission said on Friday it created three expert units to focus on big financial companies, complex securities and securities offerings.
U.S. stocks slumped on Friday after Bank of America, Citigroup and bellwether GE reported disappointing revenues and the consumer mood darkened on resurgent fears about the economy.
Stock index futures were higher on Friday after quarterly profits from General Electric Co and Bank of America Corp topped estimates as earnings season heated up.
President Barack Obama heard a sobering message from Warren Buffett when he asked for the investment guru's views about the economic recovery, according to an interview Obama gave NBC News on Thursday.
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 were little changed at 0757 GMT (3:57 a.m. EDT), pointing to a flat open on Wall Street on Friday.
The Congress on Thursday approved the broadest overhaul of financial rules since the Great Depression and sent it to President Barack Obama to sign into law.
The U.S. Congress on Thursday approved the broadest overhaul of financial rules since the Great Depression and sent it to President Barack Obama to sign into law.
The Senate on Thursday by a vote of 60 to 39 approved the most sweeping overhaul of bank and capital market regulation in decades, sending it on to President Barack Obama to be signed into law.
Hassan Nemazee, an Iranian-American businessman who raised money for the political campaigns of Barack Obama and Hillary Clinton, was sentenced to 12 years in prison for defrauding Bank of America Corp, Citigroup Inc and HSBC Holdings Plc out of $292 million.
The broadest overhaul of financial rules since the Great Depression was on its way to becoming law on Thursday after it cleared a crucial hurdle in Congress.
A U.S. judge handed a 12-year prison sentence on Thursday to Hassan Nemazee, a former fundraiser for Barack Obama and Hillary Clinton who admitted to a $292 million fraud of three major banks.
South Korea is ready to consider creative solutions to open its market to more U.S. beef and auto imports to help win U.S. approval of a bilateral free trade agreement
The broadest overhaul of U.S. financial rules since the Great Depression was on its way to becoming law on Thursday after it cleared a crucial hurdle in Congress.
The broadest overhaul of U.S. financial rules since the Great Depression is likely to clear a crucial hurdle in Congress on Thursday morning, paving the way for President Barack Obama to sign the measure into law.
Stock index futures were higher on Thursday after better-than-expected quarterly profits from JPMorgan Chase & Co allayed concerns about the strength of the financial sector.
