TIMOTHY GEITHNER

Treasury Secretary Timothy Geithner says some parts of the U.S. economy are very strong and that the United States was rebounding from recession more quickly than most other major economies.

The U.S. Commerce Department on Wednesday delayed a decision on investigating whether China's currency practices are an illegal trade subsidy that justify imposing countervailing duties.

General Motors Co believes taxpayers could recoup their entire $50 billion investment in the company although the Obama administration still expects the government to take a loss, albeit a smaller one than first thought, on the industry's 2009 bailout.

General Motors Co and Chrysler on Wednesday reported progress in their government-backed turnarounds, while the Obama administration still expects a loss on the taxpayer bailout of the industry although smaller than initially forecast.

Distressed automaker General Motors Co repaid its government loans way ahead of schedule and is now on a strong path to viability, the Treasury Department said on Wednesday

General Motors Co and Chrysler on Wednesday reported progress in their government-financed turnarounds, but the Obama administration still forecasts some loss on the taxpayer bailout of both companies.

Former Lehman Brothers CEO Richard Fuld lifted his bowed head, looked squarely at U.S. lawmakers on Tuesday and acknowledged that people were hurt in the collapse of the former Wall Street giant.

Republican lawmakers on Tuesday took a more conciliatory tone toward Democratic proposals to crack down on Wall Street as the U.S. Senate delayed debate on a financial reform package until next week.

Richard Fuld, former CEO of Lehman Brothers, lifted his bowed head, looked squarely at congressional committee members on Tuesday and acknowledged that people were hurt in the collapse of the former Wall Street giant.

Republican party lawmakers on Tuesday took a more conciliatory tone toward Democratic proposals to crack down on Wall Street as the U.S. Senate delayed debate on a financial reform package until next week.

Richard Fuld, former CEO of Lehman Brothers, was summoned to Capitol Hill on Tuesday to answer for the collapse of the fallen Wall Street giant, amid signs a vote on historic financial reforms may be delayed.

Lehman Brothers' former chief executive said he only learned of Lehman's use of a controversial accounting technique a year after the investment bank filed for bankruptcy in September 2008.

The United States will take action if China does not begin to take steps in the coming months to raise the value of its currency, a top lawmaker in the U.S. House of Representatives warned on Monday.

When Lehman Brothers Holdings Inc's embattled former chief executive Richard Fuld faces U.S. lawmakers again on Tuesday, he will blame a perfect storm for the firm's collapse and defend Lehman's use of a controversial accounting technique.

President Barack Obama will take his push for tighter financial regulation to New York on Thursday, with Wall Street reeling from the Goldman Sachs case and the Senate only days from a pivotal vote.

U.S. stock index futures fell on Monday as lingering concerns over fraud charges against Goldman Sachs weighed on investor sentiment.

U.S. stock index futures fell on Monday as lingering concerns over fraud charges against Goldman Sachs weighed on investor sentiment.

Stock index futures fell on Monday as lingering concerns over fraud charges against Goldman Sachs weighed on investor sentiment.

Stock index futures fell on Monday as lingering concerns over fraud charges against Goldman Sachs weighed on investor sentiment.

Stocks futures fell on Monday, pointing to a weaker start for Wall Street, on lingering concerns over fraud charges against Goldman Sachs weighing on investor sentiment.

Goldman Sachs Group Inc saw pressure building on both sides of the Atlantic on Sunday, just two days after it was charged by the U.S. Securities and Exchange Commission.