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Top Money Stories
Agreement Reached on Stimulus Bill
posted: 2 HOURS 16 MINUTES AGOcomments: 285
One day after the Senate answered the House by passing its own economic stimulus legislation, key lawmakers announce an agreement on a $789 billion compromise measure designed to create millions of jobs in a nation reeling from recession. President Barack Obama could sign the bill within days.
From BloggingStocks: Stimulus and the Battle Between Inflation and Deflation
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From BloggingStocks: Stimulus and the Battle Between Inflation and Deflation
Alex Wong, Getty Images
U.S. Senate Majority Leader Sen. Harry Reid (D-NV) said the "middle ground we've reached creates more jobs than the original Senate bill and costs less than the original House bill."
Bank CEOs Vow to Be Accountable
posted: 2 HOURS 10 MINUTES AGOcomments: 855
filed under: Financial Crisis
Facing a disgusted public and Congress, bank CEOs accept demands for greater accountability on how they're spending money from the taxpayer-funded $700 billion bailout. "Both our firm and our industry have far to go to regain the trust of taxpayers, investors and public officials," John J. Mack, head of Morgan Stanley, tells the House Financial Institutions Committee.
Also: Cuomo Blasts Merrill Lynch Execs Over Bonus Plan
24/7 Wall St.: Why Does Congress Care What Wall Street CEOs Make?
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Also: Cuomo Blasts Merrill Lynch Execs Over Bonus Plan
24/7 Wall St.: Why Does Congress Care What Wall Street CEOs Make?
Money Advertisement
posted: 13 DAYS 4 HOURS AGOcomments: 0
Caterpillar Will Rehire If Stimulus Passes
posted: 2 HOURS 15 MINUTES AGOcomments: 78
President Barack Obama says that heavy-equipment maker Caterpillar has informed him it will rehire some of the thousands of workers it has laid off in recent weeks if Congress passes an economic stimulus bill.
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Madoff's Wife Pulled $15M Before Arrest
posted: 5 HOURS 10 MINUTES AGOcomments: 179
filed under: Madoff
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Getty Images
A Massachusetts state official says the wife of disgraced money manager Bernard Madoff withdrew $15 million from a firm co-owned by her husband, including $10 million on the day before his arrest.
Federal Regulator Urges Foreclosure Halt
posted: 52 MINUTES AGOcomments: 4
filed under: Financial Crisis
As the Obama administration readies a plan to help struggling mortgage holders remain in their homes, the Office of Thrift Supervision is urging the institutions that it regulates to suspend foreclosures.
From DailyFinance: Bad News for Independent Brokers
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From DailyFinance: Bad News for Independent Brokers
Senators Doubt Bailout's Price Tag
posted: 2 HOURS 13 MINUTES AGOcomments: 124
filed under: Financial Crisis
Sen. Lindsey Graham, R-S.C., suggests that Treasury Secretary Timothy Geithner has "no clue" what the final cost of the Obama administration's bank rescue plan will be, as lawmakers urge Geithner to provide more details on how much taxpayer money will be spent.
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Karen Bleier,AFP/Getty Images
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| Symbol | Last | Change | Volume | ||
|---|---|---|---|---|---|
| BAC | 6.07 | 0.51 | 9.17% | 397.28M | |
| XLF | 9.318 | 0.428 | 4.81% | 182.79M | |
| C | 3.69 | 0.34 | 10.15% | 157.15M | |
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| Symbol | Last | Change | Volume | ||
|---|---|---|---|---|---|
| NFP | 3.53 | 1.41 | 66.51% | 1.66M | |
| XL | 4.68 | 1.78 | 61.38% | 34.28M | |
| XL-Y | 10.39 | 2.6632 | 34.47% | 1.87M | |
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| Symbol | Last | Change | Volume | ||
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| GXP | 15.39 | -4.16 | 21.28% | 8.04M | |
| DBX | 14.97 | -3.33 | 18.20% | 200 | |
| LYV | 3.99 | -0.83 | 17.22% | 4.92M | |
