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G20 plots post-crisis path

World finance leaders gather in Washington on Friday hoping to plot a course beyond the financial crisis, but Greece's worsening debt woes served as a stark reminder the global economy remains vulnerable.

Obama scolds Wall St for resisting reform

President Barack Obama scolded Wall Street on Thursday for its furious efforts to fight tighter regulation, saying the United States was doomed to another financial crisis if reforms were not implemented

Boeing CEO hits Airbus tanker over subsidies

Boeing Co's chief executive said government subsidies received by archrival Airbus give the European aircraft builder a significant advantage in their rematch for a potential $50 billon U.S. Air Force aerial-refueling fleet contract.

Obama scolds Wall Street for resisting reform

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Wall Street falls on Greece concerns, tech results

U.S. stocks fell on Thursday as concerns grew about the deteriorating financial health of Greece and big telecommunications equipment companies reported weak results.

Obama warns of another crisis without reform

President Barack Obama will tell Wall Street on Thursday to accept a sweeping bill to overhaul financial regulations, warning of another crisis unless there were tighter rules to rein in the industry's risky practices.

Weakness rife in small business loans: watchdog

Private lenders did not use prudent lending practices for a small business program that President Barack Obama hopes to expand to improve the economy, a government watchdog said on Wednesday.

Geithner says parts of U.S. economy very strong

Treasury Secretary Timothy Geithner says some parts of the U.S. economy are very strong and that the United States was rebounding from recession more quickly than most other major economies.

Wall Street to drop at open on new Greek worries

Wall Street was set to drop at the open on Thursday as Greece once again soured risk appetite with more news on its deteriorating financial position.

Stock futures drop on new Greek woes, data eyed

U.S. stock index futures fell on Thursday as Greece once again soured risk appetite with more news on its deteriorating financial position.

U.S. delays China yuan probe in aluminum case

The U.S. Commerce Department on Wednesday delayed a decision on investigating whether China's currency practices are an illegal trade subsidy that justify imposing countervailing duties.

German bank severs Goldman ties, France eyes probe

A German state bank said it had severed business ties with Goldman Sachs Group Inc, citing U.S. regulators' allegation that the dominant Wall Street bank committed fraud, while France eyed an investigation of its own.

Wall Street ends flat as healthcare weighs

U.S. stocks were little changed on Wednesday as disappointing outlooks from healthcare companies overshadowed strong earnings from Morgan Stanley and Apple Inc .

GM repays loan, government loss on bailout expected

General Motors Co and Chrysler on Wednesday reported progress in their government-financed turnarounds, but the Obama administration still forecasts some loss on the taxpayer bailout of both companies.

Tough swaps bill faces committee test

A U.S. senate committee will consider whether to drop a controversial idea to ban banks from the swaps market in a debate on derivative reform on Wednesday, as efforts to toughen regulation head into the home straight.

Fed paid record $47.4 billion to Treasury in 2009

The U.S. Federal Reserve said on Wednesday it transferred a record $47.4 billion to the U.S. Treasury in 2009 as a result of its programs to help the economy and financial firms during the financial crisis.

Republicans soften opposition to financial reform

Republican lawmakers on Tuesday took a more conciliatory tone toward Democratic proposals to crack down on Wall Street as the U.S. Senate delayed debate on a financial reform package until next week.

Ex-Lehman CEO faces Congress amid reform battle

Richard Fuld, former CEO of Lehman Brothers, lifted his bowed head, looked squarely at congressional committee members on Tuesday and acknowledged that people were hurt in the collapse of the former Wall Street giant.

Lawmakers tone down fight on financial reform

Republican party lawmakers on Tuesday took a more conciliatory tone toward Democratic proposals to crack down on Wall Street as the U.S. Senate delayed debate on a financial reform package until next week.

Ex-Lehman CEO Fuld faces Congress amid reform battle

Richard Fuld, former CEO of Lehman Brothers, was summoned to Capitol Hill on Tuesday to answer for the collapse of the fallen Wall Street giant, amid signs a vote on historic financial reforms may be delayed.

Democrats push for support for financial reform

Republican lawmakers on Tuesday took a more conciliatory tone toward Democrat proposals to crack down on Wall Street as the Senate delayed debate on a broad financial reform package until next week.

Industrial earnings to show evidence of recovery

For U.S. industrial companies, this quarter's earnings season could bring the first concrete evidence an awaited economic recovery has arrived.

U.S. will act if China does not revalue yuan: lawmaker

The United States will take action if China does not begin to take steps in the coming months to raise the value of its currency, a top lawmaker in the U.S. House of Representatives warned on Monday.

Goldman trader takes time off; reform momentum grows

Goldman Sachs Group Inc said the bond trader at the center of a landmark civil fraud case against the firm is taking time off, and the regulatory fallout on Wall Street threatened to widen.

Obama, Senate Dems forge ahead on financial reform

President Barack Obama will take his push for tighter financial regulation to New York on Thursday, with Wall Street reeling from the Goldman Sachs case and the Senate only days from a pivotal vote.

Obama to press for financial overhaul in New York

President Barack Obama will push for his plan to tighten Wall Street regulations in New York on Thursday, the White House said on Monday, as he attempts to overcome solid Republican opposition.