These are just some of the policy battles that must be hashed out by Dec. 11 as Congress races to close out a $1.1 trillion spending bill and avoid a holiday season government shutdown. President Barack Obama and his Democratic allies promise to fight off what they consider the most glaring examples of GOP overreach. For powerful interest groups such as banks,...» Read More
A new stock market regulatory agency is about to ride into town. The New York Stock Exchange and the NASD are announcing plans to combine their regulatory operations--and make the world's largest securities watch dog.
There's more than just a little rumbling over the Sarbanes-Oxley act--since it's become law in the U.S. Many say it's hurting companies with all of its compliance requirements--and hurting the stock market--particularly IPO's.
There’s legislation being debated in the U.S. Senate on whether to allow more oil drilling in the Gulf of Mexico. It's not just the oil--but the oil revenues coming in that's a big part of this. The benefit for nearby states is the chance of collecting federal royalties – as much as $650 million for each state.