Debt ceiling threat has Wall Street scrambling
Wall Street tried to ignore the threat posed by Washington failing to raise the debt ceiling. No more. This week, business executives stepped up appeals for political action, worried that...
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Senate panel concludes Goldman Sachs profited from financial crisis
After a two-year bipartisan probe, a Senate panel has concluded that Goldman Sachs Group Inc. profited from the financial crisis by betting billions against the subprime mortgage market, then deceived...
Senate financial overhaul bill pits military against car dealerships
- The debate over the Senate's financial overhaul bill is setting up an unusual battle on Capitol Hill between two influential groups: auto dealers and the military. Car dealers, a...
Regulators, exchanges seek ways to prevent ‘flash crashes’
With regulators and lawmakers looking to avoid a repeat of last week's nearly 1,000-point intraday drop in the Dow Jones industrial average, the Securities and Exchange Commission said Monday that...
Dow slides again, but focus on prior day’s debacle
As stock markets skidded further Friday, regulators scrambled to explain the cause of Thursday's nearly 1,000-point midday dive in the Dow Jones industrial average. The Dow endured another roller-coaster ride...
Obama seeks compromise as Senate Democrats set vote on financial overhaul
Senate Democratic leaders scheduled a key vote on a proposed financial regulatory overhaul for Monday, setting off frantic negotiations to complete a bipartisan deal as President Barack Obama urged Wall...
Obama seeks compromise as Senate Democrats set vote on financial overhaul
Senate Democratic leaders scheduled a key vote on a proposed financial regulatory overhaul for Monday, setting off frantic negotiations to complete a bipartisan deal as President Barack Obama urged Wall...
Battle lines being drawn over financial regulation overhaul
— President Barack Obama made a new push Wednesday for a sweeping overhaul of financial regulations to try to avert future economic catastrophes, but the legislation could stall amid a...
Obama boosts effort to aid troubled homeowners
— Obama administration officials on Friday ramped up their attempts to help struggling homeowners, unveiling major changes to the government's much-criticized $75 billion program to modify mortgages to avoid foreclosures....
Dispute over proposed financial regulations escalates
— Taking a defiant stance in a major legislative battle, a top Obama administration official walked into the heart of the opposition Wednesday and accused the U.S. Chamber of Commerce...