Finance
-
Treasuries gain before five-year note auctionNov 23, 2009 10:00 pm - Treasuries rose before the Federal Reserve publishes the minutes from its November meeting, when it specified rates would stay unchanged, and the U.S. prepared to sell a...
-
Americans save more but earn less as rates fall
Nov 20, 2009 10:00 pm - NEW YORK -- The U.S. is finally becoming a nation of savers. Now if only we could get something for our money. Interest rates are sinking to near zero for the first tim...
-
Oppenheimer settles lawsuit with Oregon for $20 million
Nov 19, 2009 10:00 pm - NEW YORK -- OppenheimerFunds Inc. said Thursday it will pay $20 million to settle a lawsuit the state of Oregon filed over the company's management of its 529 college s...
-
Panel sets fees for big firms, aims to rein in Fed
Nov 19, 2009 10:00 pm - WASHINGTON -- Taking aim at Wall Street and the nation's central bank, a key House committee voted Thursday to assess upfront fees on large financial firms to pay for t...
-
Inverness widow wins $1.1 million in lawsuit against brokerage firmNov 17, 2009 10:00 pm - A 90-year-old self-made millionaire won about $1.1 million from a Chicago brokerage firm and two brokers accused of churning her longtime stock account. Josephine DesPar...
-
Citi raises salaries for CFO, global markets head
Nov 17, 2009 10:00 pm - NEW YORK -- Citigroup Inc. said its chief financial officer and co-head of global markets are getting raises, while CEO Vikram Pandit will continue to collect a salary o...
-
CIT Group says 3Q loss widened to $1.07 billion
Nov 16, 2009 10:00 pm - NEW YORK-- Commercial lender CIT Group Inc. says it lost $1.07 billion during the third quarter as its cash crunch worsened ahead of filing for bankruptcy protection ear...
-
U.S. banks prepaying $45B in insurance fees
Nov 11, 2009 10:00 pm - WASHINGTON -- U.S. banks will prepay about $45 billion in premiums to replenish a federal deposit insurance fund now in the red, under a plan adopted by federal regulato...
-
Loews, Guardian join Allstate sellings munis as individuals buyNov 11, 2009 10:00 pm - Loews Corp., the holding company run by New York's Tisch family, and Guardian Life Insurance Co. of America sold state and local debt as individuals poured a record $55 ...
-
Economic forecasts in bank tests miss their mark
Nov 09, 2009 10:00 pm - WASHINGTON -- All but one of the 19 largest banks have raised the extra capital cushion regulators said they'd need to withstand a deeper recession -- a sign, the Treas...