Senate OKs filing extension for jobless

Jobless Americans will soon get two more months to file for unemployment benefits and the COBRA health coverage subsidy, under a bill passed by […]

Smaller funds held up as a big failure

Motorists in Sydney and Melbourne woke up Nov. 5 to the prospect that Australians could one day be supporting Canadian pensioners each time they drive […]

Should FHA home loans be more expensive?

Should it be more expensive to get a mortgage insured by the Federal Housing Administration?
That is the question the House Financial Services Committee […]

ICE and NYMEX: two oil titans battling to win

The world’s two biggest energy exchanges are fierce competitors, but the likelihood is both will emerge as winners from the latest tussles for liquidity.
By […]

China Loans Growth to Spur Inflation Next Year, BNP’s Sanft Says

China’s lending growth has been “too high” in the past year and may spur inflation in 2010, said Erwin Sanft, head of China and […]

BOE Policy Makers Split Three Ways on Bond Program

Bank of England policy makers split three ways in a vote to extend the bond-purchase program to 200 billion pounds ($336 billion), and discussed […]

International Aero Engines in Airbus deal

Dubai Aerospace Enterprise said on Sunday it has reached a $340 million agreement with International Aero Engines, a consortium led by Rolls-Royce and Pratt […]

Goldman Sachs boss says banks do “God’s work”

The chief executive of Goldman Sachs, which has attracted widespread media attention over the size of its staff bonuses, believes banks serve a social […]

P&G, Colgate top expectations; P&G shares rise

Procter & Gamble Co blew past profit forecasts on Thursday as sales started to rebound, pleasing investors who were eager to see whether the […]

FDIC Bair: Suspend some Wall St. bonuses

Wall Street firms should consider, at least temporarily, suspending eye-popping bonuses, Federal Deposit Insurance Chairman Sheila Bair said.
“It distresses me,” Bair said, referring to […]