Regulators are in talks with several major banks to settle a number of investigations of their sales of mortgage-bonds, The Wall Street Journal reported.
The probe focused on the sale of pools of mortgages and other loans as collateralized debt oblig…
The European Central Bank left interest rates unchanged for a 20th straight month.
Officials at the ECB in Frankfurt left the benchmark lending rate unchanged at 1%, Bloomberg News reported. The move was widely forecast by analyst and economists.
A…
When it comes to predicting the U.S. economy, who has the best crystal ball? Lou Crandall, chief economist at economic advisory firm Wrightson ICAP, according to Bloomberg Markets magazine’s new list of top analysts released Th…
The Dow jumped skyward on Wednesday as stocks rallied around the globe on a stream of strong economic news, both abroad and in the U.S. A less anxious outlook for European sovereign debt also helped.
Continue r…
The Dow jumped skyward on Wednesday as stocks rallied around the globe on a stream of strong economic news, both abroad and in the U.S. A less anxious outlook for European sovereign debt also helped.
Continue r…