The compromise reached by negotiators on financial regfulation reform is far from perfect, Sen. Bob Corker (R-Tenn.) and member of the Senate Banking Committee, told CNBC Friday.
Tighter regulation and fewer alternative trading venues make it less likely that a "flash crash" would be repeated in Europe, stock exchange officials and traders told CNBC.com. But other market experts expressed concerns that Europe is just as exposed to such events.
The Minerals Management Service, the agency in charge of regulating offshore drilling in the US, has investigated the Gulf of Mexico oil spill in a “completely backwards” manner, according to remarks expected to be made Thursday to a Congressional panel by Mary L. Kendall, the acting inspector general of Interior, the Wall Street Journal reported
The global economy is much better off than many economic pundits think, Jack Welch, former CEO of General Electric, told CNBC.
American populist rhetoric threatens to destroy not only one of Britain’s most cherished companies, but the “special relationship” between the United States and Britain, analysts told CNBC Friday.