Fed officials disagree on more easing

Federal Reserve officials on Wednesday disagreed on what should prompt more support for the economy and what impact more asset purchases could have....

Global stock underwriting down 9 percent so far this year

Global stock underwriting proceeds have slipped nine percent so far this year as investors prove less willing to take risks amid an uncertain economic recovery...

Fed boss says plodding economy still needs help

The economy is recovering from a deep recession more slowly than anticipated and still needs help from the Federal Reserve..

Wall Street Week Ahead: Stocks eye strong September finish

Stock investors will head into next week wondering if September will end as strongly as it began for the market, with manufacturing and personal income...

Wall Street critic Warren to shape consumer watchdog

President Barack Obama named Wall Street critic Elizabeth Warren on Friday to oversee creation of a new consumer financial protection agency...

US homes lost to foreclosure up 25 pct on year

Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis...

Bailout anger may hamper U.S. in future crisis: panel

Public anger over the U.S. Treasury's $700 billion bailout program may hamper the government's ability to respond to a future financial crisis....

Blue-collar, unemployed and seeing red

Scott Stevenson was only 10 years old when he first heard grown-ups voice the gloomy words that, in retrospect, predicted the disappointing arc his life has taken...

European stocks, euro rally on bank reform

European stock markets and the euro rallied on Monday after central bankers and regulators agreed new rules to strengthen banks' reserves to help avert...

Oil Rises Most in Six Weeks on

Crude advanced for a second day in New York on expectations fuel demand will climb in the U.S. and China, the world’s largest oil-consuming nations...

New GM CEO's pay package worth $9 million

New General Motors Co. CEO Daniel Akerson will get up to $9 million in salary and stock, the same pay package granted to his predecesso..

IMF says risks to global growth have intensified

The International Monetary Fund said on Friday that downside risks to global recovery have intensified due to recent turbulence in sovereign debt markets...

Oil climbs to near $76 on economic indicators

Oil prices climbed to near $76 a barrel Friday in Asia as better economic indicators from Japan to the U.S. boosted confidence....

FDIC's Bair warns of government "exposure" in mortgages

A key U.S. banking regulator raised concern on Wednesday about the risk of "exposure" the government is taking on in the mortgage market...

Gov't launches plan to help "underwater" borrowers

The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners....

Strong yuan would hurt China: economists

China must resist external pressure for yuan appreciation because a stronger exchange rate would take a big bite out of economic growth...

China vows to boost imports, help world recovery

A Chinese official defended the country's trade record Monday as a top economic adviser to President Barack Obama visited Beijing amid renewed pressure by American lawmakers over...

European stocks soar on US data; dollar breaches 85 yen

European equities surged on Friday and the dollar jumped above 85 yen as financial markets welcomed a better-than-expected payrolls report in the United States....

UPS cargo plane crashes near Dubai airport

A UPS cargo plane with two crew members on board crashed shortly after takeoff Friday outside Dubai, officials said....

Burger King sets sights overseas after $3.26B sale

Burger King's new ruler could help its empire expand. Burger King Holdings Inc. sealed a deal Thursday to sell itself for $3.26 billion to 3G Capital...

SEC says it lacked authority to charge Moody's

The Securities and Exchange Commission has declined to seek fraud charges against Moody's Investors Services....

Retail data: Americans still cautious in August

Not even skinny jeans for $20 are pulling Americans into stores. Nervous about jobs and an unraveling economy...