Obama officials and House Democrats are no longer considering having financial firms pre-pay into a fund to help cover the costs of winding down too-big-too-fail financial firms, a source said.
The Fed would play less of a role in handling firms that pose a systemic risk to the economy, giving more authority to a council composed of several regulatory agencies
The Capmark Financial Group, the big commercial real estate finance company cobbled together from pieces of GMAC, may file for bankruptcy as soon as this weekend, a person briefed on the matter told DealBook on Saturday.
Despite what you’ve heard, the public option might not be off the table after all.
Stocks slipped on Friday with the Dow closing below the psychologically important 10,000 mark after a stronger dollar hit commodity prices and dragged down the energy names.
A cursory look at quarterly earnings suggests corporate America is regaining its foothold. But a look at the stock market's reaction indicates otherwise.
Stocks surrendered earlier earnings-fueled gains on Friday as investors began to lock in some profits. So where should you put your investment dollars now? Brian Place, president of Place Financial Advisors, and Peter Boockvar, equity strategist at Miller Tabak, discussed their market outlooks.
Is Friday's sell-off simply profit taking or are we heading into a period of weakness? What's your market 'tell'?
As US corporations continue to report better than expected earnings for Q3, it's hard not to be upbeat and positive on the outlook for the stock market.
Kenneth R. Feinberg may succeed in trimming back executive pay, but only shareholders can curtail greed in the corner offices, reports the NYT.
CIT Group, struggling to restructure billions in debt and stay out of bankruptcy court, could finalize a deal in the next 24 hours with Wall Street bank Goldman Sachs over a disputed payment on a $3 billion loan, according to a published report.
Ahead of Friday's opening bell, investors will be watching earnings from Microsoft and Fed Chairman Ben Bernanke's address at the Boston Fed's annual conference.
The importance of strong leadership can’t be understated. Here are a few of the business world’s best bosses.
As the government outlines plans to slash pay at Bank of America, Citigroup and other banks, will top talent run for the exits and drag down shares in the process?
After hours, shares of Amazon surged as much as 11% after the company released earnings. Even at these levels, Joe Terranova says it's a stock to own going forward!
Today is the biggest earnings day of the season and as of this afternoon, just over 30% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
As stocks search for direction, the traders are closely watching the action in Goldman. What does it signal into the close?
If the market continues at its current pace since the March lows, it could hit 1,280 on the S&P by the end of the year, said Laszlo Birinyi Jr., president of Birinyi Associates. He shared his market insights.
Those who protest these limits on executive compensation are pushing back by arguing that top talent at the 7 firms will flee to Goldman Sachs, JP Morgan or hedge funds that have no limit on executive compensation. So what?
The weakening dollar has been one of the catalysts driving stocks and other risk assets higher, and it is a main focus of traders this week as they sort through a deluge of corporate earnings news and watch the dollar shrink to a 14-month low.