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| | | ... the economy has weakened. Stocks traded near the flatline just before Dr Bernanke began his half-yearly testimony to Congress on monetary policy, but quickly headed south as he began to address the Senate Banking Committee. "The economic outlook remains ... |
| | | | US Treasury Secretary Tim Geithner said the Dodd-Frank reforms approved by the US Congress this week will ensure that banks, not taxpayers, will pay for future bank failures, and protect consumers from Wall Street greed. Yesterday the 'Wall Street Reform ... |
| | | | ... by Senate negotiators" in the final legislation. The bill heads to votes by both chambers in the Democratic-controlled Congress before going to President Barack Obama's desk to be signed. On the economic front, the Commerce Department revised lower its ... |
| | | | ... said Elizabeth Harrow at Schaeffer's Investment Research. Adding to the market unease, Harrow said, was work underway in Congress on a final version of a financial reform bill. The uncertainty about the shape of the major legislation "applied pressure ... |
| | | | ... investigation. "In creating the Financial Crisis Inquiry Commission under the Fraud Enforcement and Recovery Act of 2009, Congress granted the Commission the power to "require, by subpoena or otherwise, the attendance and testimony of witnesses and the ... |
| | | | ... Whittall. FDIC, which stands for Federal Deposit Insurance Corporation, is an independent institution created by the US Congress to oversee the banks, maintain stability in the US banking system and bear some of the burden of the losses incurred by these ... |
| | | | ... Technology earnings results topped market estimates. These beauties gave substance to Big Benny's testimony before the US Congress' Joint Economic Committee where he testified that improving business and consumer indicators "will be sufficient to promote ... |
| | | | ... points. In economic news, the Reserve Bank of Australia (RBA) governor Glenn Stevens will address the ACI 2010 49th World Congress in Sydney at 0915 AEDT. The Australian Office of Financial Management conducts a tender for $700 million of June 2014 Treasury ... |
| | | | ... NEW YORK - US stocks rebounded from opening losses on Monday as health care-related stocks posted strong gains after Congress passed a landmark overhaul of the sector. The market's about-face came as investors digested the House of Representatives' 219-212 ... |
| | | | ... Bank of Australia assistant governor for economics Philip Lowe is to speak at the Urban Development Institute National Congress at 0900 AEDT. The Westpac-Melbourne Institute survey of consumer sentiment for February is scheduled for release, while the ... |
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