News and Finance

Regulators in individual European Union countries would get enhanced authority to police banks' foreign subsidiaries under a draft proposal before the EU.
Conceived in […]

Gov. Arnold Schwarzenegger has vetoed a bill that would have prohibited some of the lending practices advocates say contributed to the downturn in California’s […]

On the day of the first public discussion between lawmakers and the administration about the Treasury’s $700 billion financial rescue proposal, the debate is […]

Experts are cautiously optimistic that the massive federal bailout of the nation’s financial sector will solve the credit crisis that hit Wall Street this […]

The dollar tuned mixed Friday after rallying early in the day following the government’s announcement that it was putting together a plan to help […]

The disruption tearing through financial markets bounced from Wall Street down to Charlotte, N.C., and out to St. Louis on Thursday.
Wachovia Corp. of […]

German producer prices rose less than economists expected in August, evidence that inflation pressures are easing in Europe's largest economy.
Producer prices rose 8.1 […]

Italy’s labor minister said on Thursday that the liquidation of Alitalia was a “very real risk” later in the day when an investor group […]

Capping an extraordinary day in financial markets, authorities pieced together an emergency $85 billion rescue of insurance company American International Group Inc to stave […]

Democratic presidential nominee Barack Obama said investors shouldn't expect taxpayers to bail them out when financial markets are in turmoil and proposed closer scrutiny […]