Roger Altman, former deputy treasury secretary and founder of Evercore Partners Inc., is a top candidate to replace Lawrence Summers as director of President Obama’s National Economic Council, Bloomberg News said.
Altman, 64, met with Obama Tuesday t…
Flawed foreclosure paperwork could inflict huge losses on the nation’s top banks and spread chaos through the housing market, according to a congressional report.
Accusations that major mortgage lenders including Bank of America Corp. (BAC), used fla…
IBM says it will donate a total of $50 million in free technology and services to 100 U.S. cities that can best use it to boost their efficiency in healthcare, education, transportation and other areas.
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The U.S. government’s bailout has been less than effective in helping U.S. homeowners avoid foreclosure and could end up costing more than expected, according to a report from the Troubled Asset Relief Program’s special inspect…
Americans are evenly split on which political party should control Congress, while about a third of likely voters are apathetic, according to a Pew Research Center poll released Monday.
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