Reuters – Just when Americans have largely forgotten about the Treasury’s controversial bailout program, the Congressional Budget Office on Tuesday blamed it for an anticipated $23 billion widening in the government’s deficit.
Reuters – It’s hardly a huge surprise: those Federal Reserve officials that made careers in the financial sector are much wealthier than their colleagues, according to new disclosures on Tuesday.
NEW YORK (Reuters) – Financial industry observers are increasingly skeptical that the U.S. Securities and Exchange Commission's planned proposal to require a uniform fiduciary standard for all financial advisers will become a…
Reuters – Authorities are preparing to charge former Credit Suisse Group AG employees with criminal and civil fraud related to write-downs on subprime mortgage derivatives in 2008, according to sources familiar with the matter.
Reuters – Employment growth probably slowed in January as messengers hired during the busy holiday shopping season were laid off, but the improving labor market trend should remain intact.
AP – Here are sales figures for the fourth quarter for top-selling Pfizer prescription drugs:
The greenback is slightly softer at the close of North American trade with the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) off by a fractional 0.9% on the session. Risk appetite quickly subsided at the open after weaker t…
AP – WINNERS, LOSERS: Shipments of tubes and pipes used by the energy industry increased. Shipments of products used for manufacturing automobiles, industrial equipment and other long-lasting goods fell 2 percent.
AP – PROFIT DIVE: Drugmaker Pfizer’s fourth-quarter net income fell by half, to $1.44 billion, or 19 cents per share, because of charges and new generic competition for Lipitor, the blockbuster cholesterol-lowering drug.
AP – Early results from an exit poll of voters in Florida’s Republican presidential primary show the pain of the weak economy and divisions over what to do about illegal immigration.
