World finance leaders gather in Washington on Friday hoping to plot a course beyond the financial crisis, but Greece's worsening debt woes served as a stark reminder the global economy remains vulnerable.
President Barack Obama scolded Wall Street on Thursday for its furious efforts to fight tighter regulation, saying the United States was doomed to another financial crisis if reforms were not implemented
Boeing Co's chief executive said government subsidies received by archrival Airbus give the European aircraft builder a significant advantage in their rematch for a potential $50 billon U.S. Air Force aerial-refueling fleet contract.
President Barack Obama scolded Wall Street on Thursday for its furious efforts to fight tighter regulation, saying the United States was doomed to another financial crisis if reforms were not implemented
Goldman Sachs Group Inc intensified its public relations counteroffensive over fraud charges on Thursday as the company's chief executive watched President Barack Obama urge Wall Street to back regulatory reforms.
The Nasdaq edged higher on Thursday as another steady stream of strong earnings from companies, including Starbucks Corp , overshadowed worries about Greece's ability to handle its debt.
One after another, shortly after a diagnosis of breast cancer, each of the women learned that her health insurance had been canceled. First there was Yenny Hsu, who lived and worked in Los Angeles. Later, Robin Beaton, a registered nurse from Texas. And then, most recently, there was Patricia Relling, a successful art gallery owner and interior designer from Louisville, Kentucky.
Goldman Sachs Group Inc intensified its public relations counteroffensive on Thursday over fraud charges, as the company's chief executive watched the U.S. president urge Wall Street to back regulatory reforms.
U.S. stocks fell on Thursday as concerns grew about the deteriorating financial health of Greece and big telecommunications equipment companies reported weak results.
President Barack Obama will tell Wall Street on Thursday to accept a sweeping bill to overhaul financial regulations, warning of another crisis unless there were tighter rules to rein in the industry's risky practices.
Private lenders did not use prudent lending practices for a small business program that President Barack Obama hopes to expand to improve the economy, a government watchdog said on Wednesday.
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.
Wall Street was set to drop at the open on Thursday as Greece once again soured risk appetite with more news on its deteriorating financial position.
U.S. stock index futures fell on Thursday as Greece once again soured risk appetite with more news on its deteriorating financial position.
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.
A German state bank said it had severed business ties with Goldman Sachs Group Inc, citing U.S. regulators' allegation that the dominant Wall Street bank committed fraud, while France eyed an investigation of its own.
U.S. stocks were little changed on Wednesday as disappointing outlooks from healthcare companies overshadowed strong earnings from Morgan Stanley and Apple Inc .
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.
A U.S. senate committee will consider whether to drop a controversial idea to ban banks from the swaps market in a debate on derivative reform on Wednesday, as efforts to toughen regulation head into the home straight.
The U.S. Federal Reserve said on Wednesday it transferred a record $47.4 billion to the U.S. Treasury in 2009 as a result of its programs to help the economy and financial firms during the financial crisis.
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.
