Citigroup was forced to write off $50 million after two traders accused of attempting to influence global lending rates left the bank, according to people familiar with a worldwide investigation that is gathering pace, the Financial Times reports.
The Obama administration's new mandate that religious organizations pay for their workers' birth control has become a bludgeon for Republican culture warriors.
More than a dozen traders and brokers in London and Asia have been fired, suspended or put on leave by their employers as a multinational probe into alleged manipulation of crucial global lending rates accelerates, the Financial Times reports.
The Washington state House of Representatives approved a Senate-passed bill to legalize gay marriage in a vote on Wednesday, moving the state another step closer to becoming the seventh to recognize same-sex nuptials.
Wednesday, 8 Feb 2012 | Source: The Associated Press
Mitt Romney just can't shake his difficulty attracting conservatives. And that reality is undercutting his effort to cast himself as the inevitable Republican presidential nominee and prolonging a race that each day exposes deep divisions within the party.
Wednesday, 8 Feb 2012 | Source: The Associated Press
Resurgent Rick Santorum said his sweep of three GOP contests earned his shoestring campaign $250,000 overnight, cash he needs to take his upstart bid for the Republican presidential nomination to Mitt Romney's turf.
Wednesday, 8 Feb 2012 | Posted By:
| Source: cnbc.com
Critics of the Federal Reserve won't be satisfied until the agency is shut down for good. But abolishing the Fed only raises the bigger issue: What would—or should—be in its place?
Former U.S. senator Rick Santorum rejuvenated his presidential hopes on Tuesday with a shocking sweep of the three nominating contests in Colorado, Minnesota and Missouri, dealing a blow to wounded front-runner Mitt Romney.
Tuesday, 7 Feb 2012 | Source: The Associated Press
A federal appeals court on Tuesday declared California's same-sex marriage ban to be unconstitutional, putting the bitterly contested, voter-approved law on track for likely consideration by the U.S. Supreme Court.
Tuesday, 7 Feb 2012 | Source: The Associated Press
President Barack Obama's re-election campaign is asking top fundraisers to support a Democratic-leaning outside group that is backing his bid for a second term, reversing Obama's opposition to "super" PACs.
On the eve of contests in Colorado, Minnesota and Missouri, Mitt Romney focused his campaign's firepower on Rick Santorum to head off his surge in two of those states.
Mitt Romney's remark that he's not worried about the very poor, the latest gaffe in a campaign rich with blunders, joins a long list of wait-let-me-explain episodes in presidential election history.
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