President Obama has proposed a lower corporate tax rate and an end to dozens of loopholes he said helps companies move jobs and profits overseas.
A united House Republican leadership surrendered crisply and cleanly on legislation to extend expiring payroll tax cuts for 160 million Americans, skipping most if not all of the self-defeating drama that accompanied their far noisier retreat on the issue late last year.
President Obama raised $29.1 million for his campaign and for the Democratic Party in January, a strong fundraising month that put him ahead of the pace he set in the last quarter of 2011.
As ten enforcement agencies throughout the globe have been investigating a possible Libor rates fixing scandal for up to eighteen months, what regulators were looking for "doesn't seem to be what they are now encountering in terms of potential abuse," Megan Murphy, investment banking correspondent for the Financial Times, told CNBC.
Computers and Bloomberg terminals dominate trading floors, but the human element remains a crucial feature of transacting across derivatives and other parts of the global financial system, the Financial Times reports.
Most U.S. community banks "are actually doing quite well" although they still face some challenges in this economy, the acting head of the Federal Deposit Insurance Corporation told CNBC Thursday.
Insight on the community banking industry and new regulations, with Martin Gruenberg, FDIC acting chairman/vice chair.
UBS has suspended some of its most senior traders in connection with an international probe into the possible manipulation of interbank borrowing rates, in the latest controversy to hit the Swiss bank since the financial crisis, the Financial Times reports.
A Democratic leader in Romney's native Michigan says the GOP candidate "stabbed us in the back" for opposing the auto industry rescue package.
U.S. investors are looking to Europe for places to park their spare cash, but opportunities may depend on the European debt crisis continuing, according to market participants on both sides of the Atlantic.
Rick Santorum is on a roll, but a month and a half into the primary season, he's underfunded and outmanned and still lacking in organization.
Peter Kraus, AllianceBernstein chairman & CEO, and Dan Ryan, PwC Regulatory Advisory Practice chairman, discuss criticism of the Volcker rule which is set to take effect in less than five months.
Obama says he's hopeful Congress will renew a 2-percentage-point cut in the payroll tax and is pressing for extended benefits for millions of long-term unemployed.
Regulators in charge of writing the Volcker Rule, which would ban banks from trading with their own money, were inundated with complaints and suggestions from the financial industry. The New York Times reports.
Rick Santorum clashes with Occupy protesters during his first visit to Washington state, a place he said would be a "momentum changer" heading into Super Tuesday.
Given that title inflation has been with us since the 1980s, in everything from estate agents’ property descriptions to job titles for students in summer jobs frying hamburgers, we should not be surprised that “printing money” in the 21st century is referred to as “quantitative easing”.
Movie spy James Bond uses them. So does Mitt Romney. Now, you, too, can open an off-shore account.
The Securities Industry & Financial Markets Association filed five letters to the Federal Reserve this morning, urging changes to the Volcker Rule. Tim Ryan, president & CEO of SIFMA, discusses.
The Securities and Exchange Commission has begun a broad examination of the private equity industry, seeking information about the business practices of some of the country’s most powerful financial firms, the New York Times reports.
On the heels of weak performance in 2011, Louis Bacon has to reveal information about $15 billion Moore Capital to the SEC — and he’s not happy about it.