"Business men and women in New York know instinctively that they are taxed too much, the regulatory climate is too onerous," Perry said during a radio interview with New York Post columnist Fred Dicker on Tuesday. Cuomo over the issues that face us as a state and talk about the economic policies and compare New York to Texas, "Perry said.» Read More
The head of the Securities and Exchange Commission said Wednesday the agency must do more to tighten oversight of Wall Street's credit-rating industry to help bolster investor confidence.
A Manhattan judge has given investors a green light to go after Bernard Madoff's personal property by forcing the disgraced financier into bankruptcy.
For the last eight weeks, nearly 200 federal examiners have labored inside some of the nation’s biggest banks to determine how those institutions would hold up if the recession deepened, the New York Times reported.
A rollercoaster ride is how you'd best describe markets over the past six months. Violent swings with stocks dropping a heart-stopping 20% in one session. And that's sent investors fleeing to safe haven options.
Joe Magyer, senior analyst at The Motley Fool doesn't see gold as a hot prospect. Gold he thinks, has very little intrinsic value to it – it's basically just a really shiny, malleable metal.
The Long Island law student who is suing Bernie Madoff''s brother over the loss of his trust fund has a new and unlikely adversary: the bankruptcy trustee who is representing Bernie Madoff's creditors.
The chief executive of Goldman Sachs said the economic crisis has been "deeply humbling" for financial firms, and that banks receiving taxpayer money need to pay back the funds as soon as possible.
U.S. securities regulators will consider about 4 proposals to restrict short selling, a type of investing blamed for accelerating the severe downturn in financial services stocks.
There are many reasons people don’t rob banks. But what if the only consequence of getting caught is that you have to give back half of the money you stole?
In this Web Extra, the traders game market moving events in the week ahead including the start of earnings season. What’s the trade?
The board that sets U.S. accounting standards is giving companies more leeway when valuing assets, providing a potential boost to battered banks' balance sheets.
The House is set to pass legislation that would for the first time give the Food and Drug Administration the authority to regulate cigarettes and other tobacco products.
European Union regulators said Wednesday they would drop a threat to fine MasterCard after the company promised to temporarily cut fees it charges for cross-border card purchases which can hike costs for shops.
Yamaha Motor USA recalled about 120,000 off-highway recreational vehicles for repairs Tuesday, after two models were involved in 46 deaths.
Cramer loves himself a rant, for sure. But not the kind coming from Washington these days.
Former Enron CEO Jeffrey Skilling will be resentenced July 30, after an appeals court earlier this year ruled his 24 year sentence was too harsh.
A Colorado company that drug and medical device makers pay to oversee patient safety during clinical trials drew scorn Thursday at a Congressional hearing on whether such companies adequately supervise medical trials, the New York Times reports.
New York Attorney General Andrew Cuomo wants answers from AIG. And he’s made a new move in his effort to get them. What does it mean for the market?
Look out hedge funds, private equity firms, and other institutional investors. Outrage over the financial crisis has sparked Tim Geithner into action and you're in his sights!
A House panel endorsed a gentler approach Thursday to trying to stop bailed-out financial institutions from giving their employees big bonuses, as lawmakers indicated they were willing to put down their pitch forks and partner with industry to salvage the economy.