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| Latest financial News |
Senate financial reform bill boosts Fed: sources
The Federal Reserve would gain new powers over non-bank financial firms and keep much of its authority over banks under a new bill to be unveiled on Monday by the Senate's architect of financial reform.
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Sen. Dodd to introduce plan to overhaul financial regulatory system
Senate banking Chairman Sen. Christopher J. Dodd will try to strike a delicate balance Monday as he introduces a new measure to overhaul the nation's financial regulatory system, including provisions aimed at shoring up support among fellow Democrats but also incorporating compromises he reached...
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Sen. Dodd to introduce plan to overhaul financial regulatory system
Senate banking Chairman Sen. Christopher J. Dodd will try to strike a delicate balance Monday as he introduces a new measure to overhaul the nation's financial regulatory system, including provisions aimed at shoring up support among fellow Democrats but also incorporating compromises he reached with Republicans.
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Dodd seeking middle ground on new financial rules
The senator trying to rewrite the nation's financial industry rules is dropping plans to create a stand-alone consumer financial protection agency and to give a single regulator the power to oversee all banks, according to people familiar with the evolving proposal.
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Dodd is expected to offer more modest financial reform legislation
Among the provisions that may be missing from the senator's proposed legislation is a stand-alone consumer agency. Legislation to be unveiled Monday by Senate Banking Committee Chairman Christopher J. Dodd to overhaul the financial regulatory system is likely to be more modest than either the Obama administration's proposal last summer or a plan Dodd pushed last fall.
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Dodd Faces ‘Ticklish Position’ Going Alone on Financial Rules
Senate Banking Committee Chairman Christopher Dodd will unveil a financial-regulation bill today without Republican backing, a move that may force him to balance the need for bipartisan accord against his own party’s goals.
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Obama's focus on financial rules, Supreme Court opinion could aid Democrats
Despite holding high-profile meetings last week on energy and immigration reform, President Obama will focus the next few months on two issues that could help his party in November: stronger financial regulations and ways to mitigate a Supreme Court ruling that allows direct corporate spending on...
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Macquarie May Bid for AIG Aircraft Fleet, Financial Review Says
March 15 (Bloomberg) -- Macquarie Group Ltd. may bid for American International Group Inc.’s $3.5 billion of aircraft assets, the Australian Financial Review reported, citing sources close to the transaction.
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| World News In Brief |
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Beckham is likely out of World Cup
David Beckham will like likely miss the World Cup after tearing his Achilles tendon.
AP source: Beckham to miss World Cup
David Beckham will miss the World Cup and most if not all the Los Angeles Galaxy season after tearing his left Achilles' tendon Sunday while playing for AC Milan.
NKoreans helping to spruce up World Cup stadiums
North Korean laborers are working on football stadiums across South Africa, including the venue where their national team will play Ivory Coast in June in its first World Cup appearance since 1966. Some 1,000 construction workers from reclusive North Korea, which maintains strict control on its citizens' travels, have been sent to help renovate stadiums across South Africa, the Seoul-based...
AP: Beckham out of World Cup after tearing Achilles' tendon
David Beckham's dream of becoming the first English player to appear in four World Cups looks to be over after he tore his left Achilles' tendon in AC Milan's 1-0 win over Chievo. The former England captain injured himself in the closing minutes of the match Sunday.
AP source: Beckham to miss World Cup
David Beckham will miss the World Cup and most if not all the Los Angeles Galaxy season after tearing his left Achilles' tendon Sunday while playing for AC Milan. His international career for England is all but over. It remains to be seen how much he'll have left for the Galaxy and Major League Soccer.
Oregon's Eaton breaks heptathlon world mark
Oregon senior Ashton Eaton broke Dan O'Brien's heptathlon world record at the NCAA indoor track and field championships.
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