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Legislation Regulations

  • The Goldman Sachs booth on the floor of the New York Stock Exchange

    Goldman Sachs could spin off at least part of its proprietary trading operations as early as this month to comply with new rules that limit Wall Street firms from betting their own money in financial markets, according to people familiar with the matter.

  • Many "yield-starved investors" are putting their money to work in the "wrong areas." This is not the time to be "venturing in and buying yield investments, that was last year—that game’s over," Shelley Bergman said.

  • Blackberry Torch 9800

    A top executive of Research In Motion, the Canadian company that makes BlackBerry smartphones, said on Tuesday that his company would not give in to pressure from foreign governments to provide access to its customers’ messages.

  • A home is advertised for sale at a foreclosure auction in Pasadena, California.

    One real estate expert thinks federal subsidies for first-time homebuyers could help jumpstart the housing market.

  • Goldman Sachs

    Facing pressure from critics of Wall Street to limit its role in elections, Goldman Sachs  has pledged not to spend any of its vast corporate reserves on political advertising. The NYT reports.

  • We think there are meaningful differences between the US today and Japan during the '90s. High on our list is the difference in wages. A straight forward construct of inflation reveals employee earnings are a primary driver. During the early part of the 1990s wages in Japan were averaging around 2.0%.

  • Treasury Secretary Timothy Geithner

    Treasury Secretary Timothy Geithner says the Obama administration will move quickly to implement new financial regulations while eliminating those that are outdated.

  • The 850-pound "Bahia Emerald"

    The case of who really owns the 840-pound Bahia emerald is headed to trial in September after a judge rejected a motion to dismiss a Northern California man's ownership claim.

  • Citigroup Center

    The paltry fines paid by Citi and two of its executives should be a reminder to investors and creditors that lying pays.

  • online_shopping2.jpg

    Dueling pieces of legislation, both of which were introduced in Congress in July, address the issue of whether to close the loophole that allows online shoppers in most states to avoid paying  sales tax.

  • As the markets and businesses delve into the recent major pieces of legislation, they find the bills contained onerous provisions that mandate non-economic activity and increases in costs.

  • (AP Photo/Donna McWilliam)

    It sure was when it came to the integrated oil names. Exxon Mobil stock had become a whipping boy for "closet-indexing" money managers, who fretted about having exposure to the space, and risk arbitrageurs, who were selling (XOM) on fears it might buy BP.

  • See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.

  • Southwest Airlines reported record revenue and earnings growth Thursday and all signs point to continued growth for the low-cost airline, Gary Kelly, chairman and CEO said on CNBC Thursday.

  • BP sign

    To rebuild BP's , advertising experts recommended that the company look beyond traditional media and take steps to build a relationship with the public through social media.

  • With financial regulatory reform now law, the 'Fast' desk discusses how it will affect the credit card company's bottom line in the future.

  • Wall Street

    "What the law did was force the banks to rethink their business lines, their pricing strategies, their methodology for maintaining their balance sheet," banking analyst Dick Bove . "When they rethink it all, they will be able to offset all of the costs of this bill."

  • The U.S. Securities and Exchange Commission seal hangs on the facade of its building in Washington, DC.

    As the battle over toughened financial restrictions moves to a new front, the regulatory agencies that will create hundreds of new rules for the nation’s banks will face a lobbying blitz from companies intent on softening the blow. And many of the lobbyists the regulators hear from will be their former colleagues. The NYT reports.

  • A dead fish coated in heavy oil floats near shore June 4, 2010 near East Grand Terre Island, Louisiana.

    The oil is clearing much faster than expected, but concern remains over the unseen effects. The NYT reports.

  • An oil-stained Sandwich Tern sits on oil absorbent boom in Long Bay on June 19, 2010 west of Port Sulpher, Louisiana. The bird was reported and delivered to the Louisiana Department of Wildlife and Fisheries for rehabilitation.

    As BP transitions to a new CEO, the company is also subtly transitioning to a new, more aggressive strategy when it comes to its liabilities for the Gulf oil spill.