J.S.Applewhite/Associated Press. Representative Paul Ryan and Senator Patty Murray announced the tentative budget agreement. WASHINGTON - House and Senate budget negotiators reached agreement Tuesday on a budget deal that would raise ...
Frank DePascali, ex-chief financial officer of Bernard L. Madoff Investment Securities, has testified about fabricating trades. (Louis Lanzano / Bloomberg).
President Obama is praising the so-called Volcker Rule, a new regulation "that makes sure big banks can't make risky bets with their customer's deposits.
SYDNEY/MELBOURNE (Reuters) - General Motors Co said it would stop making cars in Australia by 2017 due to high costs and a cripplingly strong currency, fuelling fears rival Toyota Motor Corp will follow suit and put the entire local autos industry at risk.
The dollar edged lower against the yen during Asian trading Wednesday as investors took profits on the greenback's recent gains ahead of next week's Federal Reserve meeting.