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Todays Top Stories :

What the Fed said: A translation

9/30/2009 12:00 AM

Here is a translation of the Federal Reserve's surprise rate policy statement...Read More

Todays Top Stories :

Children among 74 dead in 2 days of Syrian turmoil (AP)

1/27/2012 2:39 PM

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AP - Senegal's highest court ruled Friday that the country's increasingly frail, 85-year-old president could run for a third term in next month's election, a deep blow to the country's opposition which has vowed to take to the streets if the aging leader does not step aside...Read More

Facebook IPO could value it among top companies (AP)

1/27/2012 5:07 PM

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Todays Top Stories :

Wall Street cuts losses on late buying (Reuters)

1/27/2012 3:39 PM

1/27/2012 5:59 PM

Reuters - Germany is pushing for Greece to relinquish control over its budget policy to European institutions as part of discussions over a second rescue package, a European source told Reuters on Friday...Read More

Subpoenas issued to financial firms in expanded probe (Reuters)

1/27/2012 5:57 PM

Reuters - The Justice Department issued civil subpoenas to 11 financial institutions as part of a new effort to investigate misconduct in the packaging and sale of home loans to investors, Attorney General Eric Holder said on Friday...Read More

Greece, creditors laboriously piece together debt deal (Reuters)

1/27/2012 5:37 PM

Reuters - Greece and its private creditors head back to the negotiating table on Saturday to put together the final pieces of a long-awaited debt swap agreement needed to avert an unruly default...Read More

In Facebook IPO, bankers seek prestige over fees (Reuters)

1/27/2012 4:15 PM

Reuters - Facebook's initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business...Read More

Insight: How Allen Stanford kept the SEC at bay (Reuters)

1/26/2012 3:41 PM

Reuters - In 2009, federal investigators finally arrested Houston financier R. Allen Stanford. For twenty years, Stanford allegedly had run a $7 billion Ponzi scheme from his offshore bank on the Caribbean island of Antigua. U.S. authorities had been nosing around Stanford's empire for longer than a decade but hesitated to open a full-blown probe...Read More

Euro rises to 6-week high against dollar (AP)

1/27/2012 2:36 PM

AP - The euro jumped to a six-week high against the dollar after a European official said that Greece is close to reaching a deal with creditors to lower its debt...Read More

North America boosts Ford in 4Q (AP)

1/27/2012 4:37 PM

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