Business news

Sheila Bair’s band of bank watchdogs is about to get even busier.
Under the toxic asset cleanup plan announced earlier this week by Treasury […]

The Obama administration on Tuesday mounted a full-scale push for government authority to shut down troubled institutions like insurer AIG to avoid the need […]

The Sunshine State’s annual population growth will fall to its lowest level in 60 years, researchers at the University of Florida predict.
Florida is projected to […]

Private-equity firm Apollo Management is in talks to take a substantial ownership stake in Charter Communications Inc. as part of the cable company’s bankruptcy […]

At first glance, it seems the government’s online attempt at tracking where and how stimulus money is being used isn’t delivering on its promise […]

Australia, facing its first recession in two decades, has more scope to cut interest rates and boost spending than other countries, said central bank […]

European Central Bank council member Yves Mersch said he has “no religious approach” to lowering borrowing costs to zero, though policy makers must make […]

Federal Reserve Chairman Ben S. Bernanke said the biggest risk to an economic recovery is a shortage of “political will,” using his first televised […]

WASHINGTON–The U.S. trade deficit narrowed 9.7 per cent in January to its smallest since October 2002, as both imports and exports tumbled for the […]

WASHINGTON — A top Treasury official told Congress Wednesday that the federal government should not force banks that receive taxpayer assistance to make loans […]