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Finance

SEC proposes new rules for credit rating agencies

Associated Press
Sep 17, 2009 11:00 pm - WASHINGTON -- Regulators on Thursday proposed rules designed to stem conflicts of interest and provide more transparency for credit rating companies. They also proposed ...
Rates on 30-year loans drop to 5.04 percent

Associated Press
Sep 16, 2009 11:00 pm - WASHINGTON -- Rates for 30-year home loans edged down for the third-straight week and are close to record lows reached over the spring, providing an excellent opportunit...
Rejection of BofA settlement a setback for SEC

Associated Press
Sep 15, 2009 11:00 pm - WASHINGTON -- A judge's condemnation of the Securities and Exchange Commission in rejecting its $33 million settlement with Bank of America over bonuses at Merrill Lync...
Report: Citigroup plans to pare US stake

Associated Press
Sep 14, 2009 11:00 pm - NEW YORK -- Citigroup Inc. is reportedly considering a plan in which the Treasury Department would sell part of its holdings in the bank, while the bank would issue new ...
Dollar index drops in longest stretch of losses since March

Bloomberg News
Sep 10, 2009 11:00 pm - The Dollar Index fell for a sixth day in its longest losing streak since March as global economic prospects encouraged investors to sell the greenback and buy higher-yi...
Geithner: Confidence has returned to markets

Associated Press
Sep 10, 2009 11:00 pm - WASHINGTON -- Citing emerging financial sector stability, Treasury Secretary Timothy Geithner said Thursday that a number of government rescue efforts in place since th...
Why does $1,000/ounce gold matter?

Associated Press
Sep 08, 2009 11:00 pm - NEW YORK -- Gold prices rose above $1,000 an ounce Tuesday for the first time in seven months, mostly because of a weak dollar that's driving people to other investment...
How safe is your community bank?

By Anna Marie Kukec
Sep 08, 2009 11:00 pm - After Platinum Community Bank in Rolling Meadows suddenly closed last weekend, many consumers may well wonder: "How safe is my neighborhood bank?" At this point in an un...
Mutual fund fees to undergo Supreme Court scrutiny

Associated Press
Sep 03, 2009 11:00 pm - BOSTON -- For most investors, the first Monday in October will be just another trading day. But after a turbulent year in the stock market, investors may want to pay mo...
Mortgage rates edge down, still above record lows

Associated Press
Sep 02, 2009 11:00 pm - WASHINGTON -- Rates for 30-year home loans edged down this week, remaining close to record lows reached over the spring. The average rate for a 30-year fixed mortgage wa...

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