While the major initiatives would take years to become a reality, Treasury Secretary Henry Paulson unveiled on Monday his agency's plan to revamp the U.S. financial regulatory bureaucracy.
After a year of planning and in the midst of a financial crisis which is taking a heavy toll on the economy, the U.S. Treasury unveiled a far reaching overhaul for financial regulation meant to boost the nation's competitiveness.
Commodity Online NEW YORK: World oil prices fell sharply on Monday as traders hunted down profits with which to close their books and on signs that a US report would show inventories rose again since the last three months.
Commodity OnlineNEW YORK: Several commodity prices tracked together today. June gold fell $15.00 to $921.50, along with the sell off in soybean and wheat prices. May crude oil closed down $4.04 at $101.58.
Treasuries prices rose on Monday as investors looked for refuge in safer investments after a report stated U.S. business activity fell in March and a top government official unveiled a plan to overhaul financial regulation.
After a wave of speculations that Brad Pitt and Angelina Jolie married this Saturday in New Orleans, the wedding was not confirmed by any source.
The dollar made slight gains against the euro and yen on Monday after consumer price inflation in Europe hit a new high above estimates.
U.S. stock indexes rose for the first time in four days on Monday, despite big losses for pharmaceutical giant Merck, while lower oil prices improved business activity and a Treasury plan was announced to boost the economy against growing credit losses.
The Bombay Stock Exchange (BSE) Sensex fell 4.44 percent on Monday, the last day of the financial quarter, to end the quarter of March down 22.9 percent, its biggest quarterly fall since the June 1992 quarter, as reports of rising inflation and global economic slowdown dampened market sentiments.
Soybean declined on Monday after a report from the U.S. Department of Agriculture (USDA) showed that U.S. farmers will plant more soybean and wheat crops this year as the bean prices continue increasing.
Crude oil futures in New York fell more than $3 on Monday on concerns U.S. demand of fuel will decrease as the economy slows down.
Japan Stocks decreased over 2 percent Monday because of uncertainty of the Japan and U.S. economy and selloff of Asian markets.
By Chris GilpinSince 2000, oil companies working in the U.S. have doubled the number of wells drilled per year with a glaring lack of results.
By Adrian AshEvery time the bankers cock up, your money steps in thanks to government bail outs to patch up the losses.
By Julian D W PhillipsFirst the Gold Market and silver prices began to tumble, followed by a recovery in the Dollar, all of which happened in an almost straight line. Markets don t do that to the extent seen last week
Commodity Online NEW YORK: World oil prices nearly lost a dollar in early trade Monday and were trading below $105 a barrel at the New York Mercantile Exchange.
By Major Ajay13th week Year 2008 represents figure thirteen (13). This figure represents Rahu as per astrology, Rahu is known for north nod of moon or Dragon 's mouth.
Commodity Online The impact of this drive is minimal but the symbolic effect is huge. Chicago is Earth Hour s US flagship city.
By Bill Bonner Europe's esperanto money has risen to $1.55. In terms of what a Dollar will buy in the United States, a Dollar is down around 25% so far this century
Fitna, a 10 minute anti-Islam film posted on the Internet by Netherlands politician Geert Wilders was removed from Liveleak.com, a video server company, due to serious threats directed to the staff.
The dollar fell slightly against the euro on Thursday after a report showed consumer spending in February rose at its slowest pace in a year.
Clear Channel's perturbed buyout deal, threatened by deteriorating credit conditions, brings to question the crucial role banks are playing in the $19.4 billion deal.