Bernanke says recession is ‘very likely over’

WASHINGTON — Federal Reserve Chairman Ben Bernanke said Tuesday that it was "very likely" that the recession had ended although he cautioned that it […]

Settlement over bank bonuses rejected

NEW YORK — A federal judge on Monday rejected a $33 million settlement between the Securities and Exchange Commission and Bank of America Corp., […]

J&J, Elan cut deal price, resolve Biogen dispute

Johnson & Johnson has cut the amount it will pay for its 18.4 percent stake in Irish drugmaker Elan Corp Plc by $115 million […]

Fed, BOE Stimulus Exits May Differ on Bond Analysis, BIS Says

The Federal Reserve and other central banks may adopt different strategies for ending monetary stimulus because they have diverging views on the role of […]

David Olive’s 10 recession winners

It’s fair to say no one has come out a “winner” from the Great Recession in the conventional sense. Mere survival counts as winning […]

Easy money fuels all markets, but not forever

General investment theory holds that investors should diversify, buying different asset classes on expectations that profits in some will help to offset losses in […]

Fed’s Lockhart: possible Fed could curtail buys

Atlanta Federal Reserve Bank President Dennis Lockhart said on Thursday the U.S. economic recovery has started and the Fed could stop short of buying […]

Fed’s Beige Book sees signs economy is improving

Half of the Federal Reserve’s 12 districts saw evidence the U.S. economy had improved by the end of August, although labor markets remained weak […]

Wall St bonuses spark outrage on Main Street USA

All you have to do to feel the outrage over the continuing flow of bonuses on Wall Street is to take a walk down […]

Swiss Re says sees overall pricing increase

Swiss Re, the world’s second-biggest reinsurer, said reinsurance prices were rising overall, lifting its shares nearly 3 percent.
The reinsurer also said on Monday it […]