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.
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.
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.
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.
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.
Despite the recent run-up in stocks, Kyle Bass, managing partner of Hyman Capital, thinks other asset classes are better for investors.
US Treasury Secretary Timothy Geithner will call on emerging nations to show more flexibility on currencies in exchange for a greater say in international financial institutions, a Treasury official told CNBC Wednesday.
The uproar over bad conduct by mortgage lenders intensified Tuesday, as lawmakers in Washington requested a federal investigation and the attorney general in Texas joined a chorus of state law enforcement figures calling for freezes on all foreclosures, reports the New York Times.
The head of the International Monetary Fund has warned that governments are risking a currency war if they try to use exchange rates to solve domestic problems, reports the Financial Times.
As new regulations push banks toward safer investments and lending practices, the middle class will suffer the most, analyst Meredith Whitney told CNBC.
The US needs to deleverage the financial system and restore market discipline and must keep the effects of protracted low interest rates in mind, as a bond bubble seems to be developing, FDIC Chairwoman Sheila Bair told CNBC.
A growing number of towns, cities and other local governments are seeking refuge in havens many states provide as alternatives to federal bankruptcy court, the NY Times reports.
When Capitol Hill set out to force derivatives onto exchanges, lawmakers carved out a broad exemption for so-called "end users" — non-financial companies seeking to hedge their exposure to fluctuations in currencies, commitments and interest rates. An ambiguity in the Dodd-Frank financial reforms, however, threatens to undermine the end-user exemption
Many of the country’s largest casinos, long opposed to gambling games like poker on the Internet, are now having second thoughts.
Why not just a dignified, stand-up, serious handshake? That’s what Reagan would have done. A strong handshake shows friendship, respect, and even affection. But a big fat hug seems to go over the line.
The Federal Communications Commission (FCC) confirmed Monday it will still investigate unjustified charges by Verizon Wireless after the cell-phone operator said it would refund millions of dollars to customers.
As many households and small businesses are being turned away by bank loan officers, large corporations are borrowing vast sums of money for next to nothing — simply because they can, the New York Times reports.
George Osborne will on Monday vow to break the dominance of the City in the British economy, as he seeks to balance tough rhetoric on the deficit with the need to sustain future growth in all parts of the UK. The FT reports.