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Legislation Regulations

  • Sen. Paul Kanjorski

    These could well be the final days for Rep. Paul Kanjorski’s long journey from the coal banks of northeastern Pennsylvania to the halls of power in Washington.

  • mortgage_loan_statement_200.jpg

    A government watchdog is investigating government-owned GMAC Mortgage after a company employee admitted to approving thousands of foreclosures without reading the paperwork.

  • Sphygmomanometer

    The four largest health insurance companies in the US denied coverage to more than half a million individuals because of their pre-existing conditions from 2007 to 2009, according to a congressional investigation.

  • Foreclosure sign

    Up to 40 state attorneys general are preparing to launch a joint investigation into the mortgage industry over the foreclosure-document mess.

  • A BP cleanup crew removes oil from a beach at Port Fourchon, Louisiana. Officials now say that it may be impossible to clean the hundreds of miles of coastal wetlands affected by the massive oil spill which continues gushing in the Gulf of Mexico.

    Deep water oil drills quieted by a six-month moratorium will again hum off the Gulf Coast, helping an industry that, despite its dangers, puts needed money in the pockets of thousands along the Gulf Coast.

  • Crewmen aboard the motor vessel Joe Griffin look on as the mobile offshore drilling unit Q4000 lowers a pollution containment chamber May 6, 2010 in the Gulf of Mexico. The chamber was designed to cap the oil discharge that was a result of the Deepwater Horizon incident.

    The Obama administration on Tuesday lifted the six-month moratorium on deep water oil drilling in the Gulf of Mexico that was imposed after the BP oil spill.

  • Cigarette in ashtray

    The European Commission is preparing for a smoking ban across the European Union, with legislation introduced as early as next year, according to several media reports Tuesday.

  • FDIC Chairwoman Sheila Bair on CNBC'c Power Lunch

    Regulators are struggling to create a global mechanism that could wind down a big financial institution without the disruption caused by Lehman Brothers’ collapse in 2008, reports the Financial Times.

  • Regulatory pressures have changed the landscape of how businesses are choosing to use their capital.

  • Texting and driving is as dangerous and driving while drunk, Clarence Ditlow, executive director of the Center for Auto Safety, told CNBC Monday. Such sentiment, fueled by the increasing number of cell-phone-related accidents, is part of what is driving a nation-wide ban on combining the two activities.

  • stock_markets_index_200.jpg

    Among the most wrong-headed of possible SEC proposals to “fix” the markets is a sentimental appeal to establish a “special status” for market makers like the days of old when “the specialists on the dominant exchanges were subject to significant trading obligations designed to promote fair and orderly markets and fair treatment of investors.”

  • Trucks on roadway.

    According to several trade groups in the trucking industry, there could be a shortage of drivers next year, and the estimates range from 200,000 to as many as 500,000.

  • Foreclosure

    As a scandal unfolds over shoddy preparation of foreclosure documents, the fallout is beginning to hammer the housing market, especially in states like Florida, the NY Times reports.

  • wallet_businessman2.jpg

    Working as a trader or an investment banker at a European bank might be about to get a whole lot less lucrative. The FT reports.

  • greece_flag_200.jpg

    With Greece hitting its marks on the financial bailout earlier this year, it is now taking steps to streamline business and investment processes to promote growth, the country’s finance minister, George Papaconstantinou, told CNBC Thursday.

  • you_know_im_right.jpg

    In her new book, YOU KNOW I'M RIGHT More Prosperity, Less Government she takes on today's toughest issues: the deficit, unemployment, health care, education, housing and immigration.

  • tax_notice.jpg

    In recent years, some 20,000 people have turned to American Tax Relief after seeing the company’s advertisements on television where actors portraying clients say the company reduced their back taxes , reports the New York Times.

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  • A group of Washington Mutual creditors have signed on to a settlement that pushes the bank's reorganization plan a step closer to approval.

  • stocks_portfolio_200.jpg

    Despite the recent run-up in stocks, Kyle Bass, managing partner of Hyman Capital, thinks other asset classes are better for investors.