| Latest financial News |
Economists see wasted crisis, urge reform financial reform
Two top economists worry that Washington is wasting the financial crisis, squandering a chance to prevent a repeat of Wall Street's 2008 meltdown.
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Fed recovers, gets new look as financial regulator
The Federal Reserve, still dusting itself off from a fight that threatened to trim its powers, could emerge from a congressional overhaul of banking rules as the top cop over the nation's largest financial institutions.
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Geithner vows to continue financial stabilization
Treasury Secretary Timothy Geithner on Tuesday said the Obama administration's strategy to halt recession and contain the financial crisis has been effective, but vowed to continue stabilization efforts.
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Senate Banking Committee Negotiators Favor Placing New Consumer Financial Protection Agency at Fed
In a move that’s raising red flags among some consumer advocates, top negotiators for the Senate Banking Committee signaled Wednesday they favor establishing a new consumer financial protection agency within the Federal Reserve as part of a compromise financial regulation reform bill.
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Rio Discusses Ventures With Chinalco, Financial Review Says
March 11 (Bloomberg) -- Rio Tinto Group is in talks with Aluminum Corp. of China about potential joint ventures, the Australian Financial Review reported.
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Western Australia Rules Out Health Deal, Financial Review Says
March 11 (Bloomberg) -- Western Australia Premier Colin Barnett, the country’s only Liberal state leader, ruled out allocating goods and services tax proceeds to fund hospitals before next month’s Council of Australian Governments meeting, the Australian Financial Review reported.
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Former Rock Financial exec David Hall forms mortgage firm
Best known for years as the pitchman of Rock Financial before a falling-out with his boss, Dan Gilbert, David Hall has launched a new mortgage company in Birmingham called Hall Financial.
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AGL May Ally With Shell After Arrow Bid, Financial Review Says
March 11 (Bloomberg) -- AGL Energy Ltd. may join Royal Dutch Shell Plc in a liquefied natural gas project in Australia’s Queensland state if Shell’s bid for Arrow Energy Ltd. succeeds, the Australian Financial Review said.
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