US Federal Reserve's book is 22% of GDP prompting warnings that it's inflating asset-price bubblesFed's assets rose to a record $3.99 trillion on December 11, up from $2.82 trillion, when it embarked on a third round of bond buying.
18 Dec, 2013, 03.07 AM IST
US Senate on verge of approving immigration legislationThe US Senate is on the cusp of approving immigration legislation offering citizenship to millions in the country illegally and spending bi...
27 Jun, 2013, 05.57 PM IST
- Federal Reserve to gain as Jack Lew comes in as new Treasury secretary
Timothy Geithner's replacement by Jack Lew as Treasury secretary will end a period of unusually strong ties between department & Fed.
11 Jan, 2013, 04.00 AM IST
- Bernanke: Bond-buying plan could create 700,000 jobs over two years
The Fed's program is needed to help the economy grow faster and to reduce high unemployment says Ben Bernanke.
18 Nov, 2010, 04.13 AM IST
- Financial debate blocked for a third time
US Senate Republicans blocked Democrats from starting debate on a Wall Street rules overhaul for a third time this week, saying they want t...
29 Apr, 2010, 06.39 AM IST
- US: After stumble, a second chance at financial reform
The US Senate will take a second vote on Tuesday on efforts by Democrats to overcome Republican objections and begin debate on financial ov...
28 Apr, 2010, 04.20 AM IST
- Republicans signal thaw in battle over financial rules bill
Senate Democrats and Republicans signaled they were nearing a compromise on an overhaul of financial-industry regulation even as they conti...
22 Apr, 2010, 03.30 AM IST
- Fed may become more powerful
The Obama administration’s plan to revamp regulation and prevent any more crashes like those that felled AIG and Lehman Brothers includes a...
17 Jun, 2009, 01.31 AM IST
- Republicans predict doomsday if Obama budget passed
Republicans predicted eventual federal bankruptcy if Obama's massive spending blueprint wins passage. What if the govt bailed out of bailou...
23 Mar, 2009, 06.05 AM IST
- Bonus furor may prompt limits on AIG bailout money
White House is trying to put strict limits on the next $30 bn installment in taxpayers' money for AIG amid questions about whether the Obam...
17 Mar, 2009, 06.04 PM IST
- Government working on Citigroup rescue
The US government was weighing a plan to rescue Citigroup Inc, whose stock has been hammered on worries about its financial health.
24 Nov, 2008, 07.58 AM IST
- US government working on Citigroup rescue plan
One option being considered is taking some of the risky assets held by Citigroup off its balance sheet. How US govt might help Citi | US bl...
24 Nov, 2008, 07.06 AM IST
- Want a federal bailout? Why not bankruptcy, too?
What's so bad about bankruptcy as an alternative to big bailouts for automakers or other critical U.S. companies? Frozen credit and the har...
20 Nov, 2008, 09.50 AM IST
- Finance rescue to cost hundreds of billions: Paulson
Treasury Secretary Henry Paulson said on Friday a rescue plan for the troubled US financial sector will cost "hundreds of billions" of doll...
19 Sep, 2008, 11.33 PM IST
- US SEC set to overhaul rating of structured debt
The US Securities and Exchange Commission, responding to record losses on subprime-mortgage bonds, plans new rules to prevent conflicts of ...
12 Jun, 2008, 12.00 AM IST
- 'Global bank crisis fears overstated'
The credit crunch triggered by a rout in the US subprime housing market doesn’t pose a “systemic” threat to banks, Moody’s Investors Servic...
22 Aug, 2007, 02.15 AM IST
- 'CIA failed to detect Indian nuke tests in 1998'
Former US Central Intelligence Agency (CIA) Director George Tenet has written in his new book that the "failure" of the United States intel...
03 May, 2007, 09.00 AM IST