Finance
-
Fed may reconsider plan to limit debit card feesFeb 17, 2011 10:00 pm - 3WASHINGTON (AP) — The Federal Reserve told Congress on Thursday that it may reconsider its proposal to limit the fee that banks charge merchants for debit card transact...
-
Bernanke urges nations to help ease trade gapsFeb 17, 2011 10:00 pm - PARIS — Federal Reserve Chairman Ben Bernanke on Friday urged countries with large trade surpluses like China to let their currencies rise in value to help prevent anot...
-
AIG expects 4Q charge of $4.1B for loss reservesFeb 08, 2011 10:00 pm - NEW YORK — American International Group Inc. said Wednesday that it expects a fourth-quarter charge of $4.1 billion to build up loss reserves for its Chartis property an...
-
Auto show's economic models sport figures to rev recoveryFeb 07, 2011 12:00 am - An old wives' tale insists that you can predict the veracity of the approaching winter by counting the brown bands of fuzz on woolly bear caterpillars. An old columnist'...
-
Dollar climbs as jobless rate falls to 9 percentFeb 03, 2011 10:00 pm - NEW YORK — The dollar is climbing after a government report said the U.S. unemployment rate fell to 9 percent in January, the lowest level since April 2009. The positive...
-
SEC announces $10 mil settlement with TD AmeritradeFeb 02, 2011 10:00 pm - OMAHA, Neb. — TD Ameritrade has agreed to a $10 million settlement for failing to properly supervise representatives who misled investors about the safety of the mutual ...
-
Watchdog says overhaul didn't end future bailoutsJan 24, 2011 10:00 pm - WASHINGTON — A government official says the financial overhaul enacted last summer won't deliver on its promise to end bailouts. Special Inspector General Neil Barofsky ...
-
BofA reports loss of $1.6 billion in 4QJan 20, 2011 10:00 pm - NEW YORK — Bank of America is reporting a loss of $1.6 billion in the fourth quarter after the bank increased costs related to soured home loans. Bank of America Corp. s...
-
Regulators shut banks in NC, SC, Ga, ColoJan 20, 2011 10:00 pm - WASHINGTON — Regulators on Friday closed banks in North Carolina, South Carolina, Georgia and Colorado, bringing to seven the number of closures in 2011 following last y...
-
Lending pushes GE income up 52%Jan 20, 2011 10:00 pm - NEW YORK — General Electric Co. said Friday that fourth-quarter net income increased 52 percent as the company made more money in both its lending and industrial busine...