Vladimir Putin pledged on Saturday to widen Russia's anti-crisis aid package with a car scrappage scheme and mortgage support to jolt the economy out of the worst recession in 15 years.

The Senate Banking Committee said on Friday it will hold a hearing on Federal Reserve Chairman Ben Bernanke's renomination to a second term on December 3, putting the central bank chief under scrutiny at a time when the Fed is facing intense criticism in Congress.

Three years after a billionaire divorce gone terribly wrong, this is what is left: unfinished plans for America's largest home, several bankruptcies and an auction featuring a talking moose head.

A U.S. congressional panel on Thursday approved a measure to open the Federal Reserve's monetary policy decisions to government audits, a surprise blow to the central bank's efforts to shield its independence and a signal of frustration with the central bank.

Whiel Wall Street profits have rebounded to record levels, the Street is not showing signs yet of a real employment recovery.    

Some of Goldman Sachs Group's largest shareholders have asked the company to cut the size of its bonus pool and pass along more of its profits to investors, the Wall Street Journal reported, citing people familiar with the situation.

The state-owned Korea Development Bank (KDB) will "aggressively" consider buying Korea Exchange Bank a media report quoted KDB CEO as saying, in his first public expression of interest in the domestic rival.

Banks that are considered too large to fail should be dismantled rather than "coddled," Dallas Federal Reserve Bank President Richard Fisher said on Thursday.

A U.S. congressional panel on Thursday approved a measure to open the Federal Reserve's monetary policy decisions to government audits, a surprise blow to the central bank's efforts to shield its independence and a signal of frustration with the central bank.

Wall Street firms have started bring new workers on board, but executives claim they can't find top talent despite the thousands of professionals out of work.

Identity fraud has been on the rise, as criminal cunning may be mixing with desperation during the downturn. But a new breed of products is tackling the trickier matter of preventing identity theft, says the New York TImes.

U.S. Treasury Secretary Timothy Geithner said Thursday that no financial firm should be able to escape regulation, and the largest institutions need oversight from a single, strong regulator.

The coroner’s report left no doubt as to the cause of death: toxic loans. That was the conclusion of a financial autopsy that federal officials performed on Haven Trust Bank, a small bank in Duluth, Ga., that collapsed last December, the New York Times reported.

The Organization for Economic Co-operation and Development said on Thursday the tentative recovery had spread across the economies it monitors but warned growth would remain modest for some time as unemployment rose.

JPMorgan Chase & Co. is beefing up in Europe by buying the half of Cazenove it does not already own in a deal valuing the 190-year old UK stockbroker at 2 billion pounds ($3.4 billion).