The US government is set to decide whether to escalate a dispute with China over its currency policy. The Commerce Department was asked by US manufacturers in April to look ...
Intel Chief Executive Officer Paul Otellini offered a depressing set of observations about the economy and the Obama administration Monday evening, coupled with a dark commentary on the future of ...
Euro May Rise to $1.60 Due to Austerity: Economist By Antonia Oprita June 4 (CNBC) — Austerity measures imposed by the euro zone will likely push the euro back towards ...
Wall Street will brandish its loophole-carving knives next week as the U.S. Congress moves to a House-Senate conference on merging the two chambers' sweeping bills to tighten financial regulation.
By James Kwak So the dust has settled on the Senate bill, and it remains studiously vague about capital requirements — no hard leverage cap, for example. This is what ...
By James Kwak The June issue of The American Prospect includes a section on financial reform that is already available online. Our contribution is on the way the financial sector ...
“What we have seen is a substantial change in mentality among the overseas community in the past two years,” said Jackie Bugnion, director of American Citizens Abroad, an advocacy group ...
Remember the SPV, the special purpose vehicle designed to keep the securitized debt off the bank’s books (and out of reach of the tax man)? Many of the new CDOs ...
In the first six months of 2010, about 6,000 employees of Goldman Sachs Group Inc. will take a break from their spreadsheets and move across the southern tip of Manhattan ...
The Senate on Sunday passed a $1.1 trillion spending bill with increased budgets for vast areas of the federal government, including health, education, law enforcement and veterans' programs.
Billionaire Warren Buffett said that while his businesses have bottomed after the worst financial crisis in decades, he saw few upticks and ruled out a buoyant holiday season.
