Haiti mourned its dead on Saturday and hundreds gathered in the ruins of a wrecked Catholic cathedral to honor an archbishop and other victims killed in last week's earthquake as the government ended search-and-rescue operations.
President Barack Obama launched an extraordinary attack on the Supreme Court on Saturday, saying a ruling on corporate donations to political campaigns this week strikes at democracy itself.
The Financial Stability Board , charged by the G20 to coordinate national regulation in response to the financial crisis, on Saturday welcomed U.S. proposals to limit banks' size and trading activities.
Ben Bernanke's confirmation to a second term as Federal Reserve chairman suddenly appeared in jeopardy on Friday even after U.S. Senate Majority Leader Harry Reid said he would back him.
A favorite Wall Street measure of investor anxiety surged on Friday as U.S. stocks sank on concerns over the White House's plan to rein in risk-taking by banks indicating more stock market turmoil in weeks ahead.
China hit back at U.S. criticism of Internet censorship and hacking on Friday, warning that relations between the two global heavyweights were being hurt by a feud centered on web giant Google.
As the Obama Administration seeks backing for a tax on banks' lucrative pay packages, the Internal Revenue Service has been stepping up its oversight of executive pay through its auditing and other powers.
Stocks capped their worst three-day slide in 10 months on Friday on fears the White House's plan to curb bank risk-taking would cut profits, and tech shares slumped after Google Inc's disappointing results.
Firms with strong earnings escaped a broader decline among U.S. stocks while the effect of President Barack Obama's bank restrictions, which weighed on the whole market, may be most pronounced in investors' preference between big banks and regional bank stocks.
Ben Bernanke's nomination for a second term as U.S. Federal Reserve chairman, once seen as a sure thing, appeared in jeopardy on Friday after two more Senate Democrats said they would vote against it.
Ben Bernanke's nomination for a second term as U.S. Federal Reserve chairman, once seen a sure thing, appeared increasingly under threat on Friday after two Senate Democrats said they would vote against it.
Major European economies offered support on Friday for U.S. President Barack Obama's plan to limit banks' size and trading activities but indicated they had no plans to follow suit.
China hit back at U.S. criticism of Internet censorship and hacking on Friday, warning that relations between the two global heavyweights were being hurt by a feud centered on web giant Google.
Two U.S. Senate Democrats on Friday said they would vote against Ben Bernanke for a second term as Federal Reserve chairman, adding an element of uncertainty for Wall Street.
President Barack Obama believes the Senate will confirm Federal Reserve Chairman Ben Bernanke for a second term to lead the U.S. central bank, the White House said on Friday.
Shares of several major U.S. financial institutions fell on Friday along with the broader market a day after President Barack Obama's proposals to further restrict banking activity.
The FTSE 100 index was essentially flat early in the London session, but proceeded to drop as much as 40 points, or 1.4 percent, after weaker than expected U.K. retail sales were announced at 9:30 am in London.
U.S. stocks dropped on Friday as proposed sweeping restrictions on U.S. banks and the delayed confirmation of Fed Chairman Ben Bernanke overshadowed solid earnings from General Electric and McDonald's.
U.S. stocks continued to fall in early trading on Friday, a day after President Barack Obama's bank restriction proposal, even as three industry titans beat earnings estimates.
U.S. President Barack Obama's plan to limit financial risk-taking could force banks, such as Goldman Sachs or JPMorgan , to shed parts of their private equity operations.
France, Britain and Germany offered support on Friday for President Barack Obama's plan to limit banks' size and trading activities but fell short of pledging to follow suit on the proposal that has stunned world markets.
France, Britain and Germany offered some support on Friday for U.S. President Barack Obama's plan to curb banks' size and trading activities, which has stunned markets and could rewrite the world's financial order.
