The former Federal Reserve chief also said there's been too much reliance on the Fed, and other policymakers in the government need to step up.» Read More
Traders are looking past ISM manufacturing data and weekly jobless claims, to the July nonfarm payrolls because it will be key in the Fed's decision making process.
The American stock market continues to rally leaving investors to ask how is that possible given $14 trillion of debt in the United States?
Former AIG CEO Hank Greenberg should be able to depose US Fed Chairman Ben Bernanke over the terms of AIG's bailout, a federal judge ruled on Monday.
If you're looking for a slow summer day, you won't find it this week.
If Detroit gets its way in bankruptcy court, the cost of borrowing for cities and states could spike, the CEO of bond insurer Assured Guaranty warns on CNBC.
Three years after Dodd-Frank was passed, the alphabet soup of banking regulators collaborating to write some 400 new industry rules are just 39 percent done.
Former Rep. Barney Frank on Monday dismissed calls to bring back a Depression-era law that divided commercial and investment banking.
Two stocks offer potential in the rising-rate environment that lies ahead, Barbara Marcin of GAMCO Investors says.
The U.S. financial risk council said it has designated AIG and GE Capital as systemically risky, bringing them under stricter regulatory oversight.
Because of the government's accounting chicanery, wealthy hedge funds may deserve a cut of the profits of Fannie Mae and Freddie Mac.
Investors have already started to price in improved earnings in financial names, Stuart Frankel's Steve Grasso says.
Check out last year's top 10 picks from Omega Advisors founder Leon Cooperman and guess what you find? A 31 percent return.
The New York Court of Appeals said there was easily enough evidence to hold former AIG chief Maurice "Hank" Greenberg accountable for sham transactions at the insurer.
It's time to sit out the stock market right now, Stephen Weiss of Short Hills Capital says.
Outgoing Bank of Israel Governor Stanley Fischer's influence extends far beyond the halls of power in Jerusalem and Tel Aviv's financial district.
Banks have been accused of foreclosing on homeowners because they failed to maintain mortgage paperwork. Now there are signs the same problem hurts mortgage bond investors too.
The CBOE Volatility Index, the market's so-called fear gauge, stretched over a 22 percent range in each of the last two weeks, its first such streak since March.
Active managers in both the mutual and hedge fund industries are badly underperforming their peers, and they have a mutual malady: a bad Apple.
Being designated "too big to fail" will bring new discipline to AIG, CEO Robert Benmosche told CNBC.
U.S. stock index futures ticked slightly higher Tuesday following the latest trade deficit report and ahead of some key Federal Reserve speakers.