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Finance

Dollar choppy after unemployment tops 10 percent

Associated Press
Nov 05, 2009 10:00 pm - NEW YORK -- The safe-haven dollar got an immediate boost Friday after the government said the U.S. unemployment rate rose above 10 percent, before giving back its gains ...
Credit-card rates up before new law

Associated Press
Oct 29, 2009 11:00 pm - NEW YORK -- Have you checked the interest rates on your credit cards lately? Odds are they're going way up. That's because credit-card companies are rushing to raise rat...
Obama presses for financial industry overhaul

Associated Press
Oct 20, 2009 11:00 pm - NEW YORK -- President Barack Obama is asking the financial industry to support his push for changes he says would help prevent another economic crisis and would be good...
SEC proposes changes for 'dark pools'

Associated Press
Oct 20, 2009 11:00 pm - WASHINGTON -- Federal regulators are proposing tighter oversight for so-called "dark pools," trading systems that don't publicly provide price quotes and compete with ma...
Watchdog: Bailout helped but at a great cost

Associated Press
Oct 20, 2009 11:00 pm - WASHINGTON -- A government watchdog said the $700 billion bailout for the financial industry played a major role in rescuing the economy over the last year but also eng...
CME allows gold for trading collateral

Bloomberg News
Oct 18, 2009 11:00 pm - CME Group Inc., the world's largest derivatives exchange, allowed gold to be used as collateral for trades on all its markets as an alternative to debt or equities. Gold...
Government unveils new mortgage help

Associated Press
Oct 18, 2009 11:00 pm - WASHINGTON -- The Obama administration is unveiling a new program to provide support to state and local housing agencies to provide help to thousands of home buyers and ...
Madigan takes aim at Bean on financial watchdog law

By Joseph Ryan Daily Herald Staff
Oct 14, 2009 11:00 pm - Illinois Attorney General Lisa Madigan hoped to put heat on a fellow Democrat Wednesday to back off a push to change a consumer protection measure championed by Presiden...
Bank regulators: Real estate loans biggest concern

Associated Press
Oct 14, 2009 11:00 pm - WASHINGTON -- With regulators warning that rising losses on commercial real estate loans pose risks for U.S. banks, senators asked Wednesday for greater attention to be...
House banking panel votes to regulate derivatives

Associated Press
Oct 14, 2009 11:00 pm - WASHINGTON -- A U.S. House of Representatives panel voted Thursday to regulate for the first time privately traded derivatives, the kind of exotic financial instruments ...

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