Fannie Mae (FNMA:US) and Freddie Mac (FMCC:US) would be eliminated and private interests would be on the hook for the first 10 percent of mortgage losses under a bill leaders of the Senate Banking Committee plan to introduce within days.
Employers posted more job openings in January despite cold and stormy weather, though hiring slowed slightly. The number of job openings rose 1.5% to 3.9 million and was close to November's five-year high, the Labor Department said Tuesday.
NEW YORK (Reuters) - Major world equity markets were mostly steady on Tuesday, the euro edged down and gold rose as traders kept a wary eye on tensions between Ukraine and Russia and the pace of growth in China.
... slideshows. * Tanker's escape from navy would be huge blow to govt. * Cargo is first oil sale from rebels demanding autonomy.
LONDON (AP) - Bank of England Governor Mark Carney on Tuesday sought to shield his institution from being dragged further into a global scandal over the alleged manipulation of foreign exchange markets.