| Apr 10, 2014
| 12:18 PM
ATHENS -- After four years of exile from global markets, Greece made a promising return Thursday by attracting strong demand at its first sale of government bonds since accepting two international bailouts to stay afloat.
A highly anticipated auction...
| Mar 20, 2014
| 12:30 PM
These days, Media Asia is a pillar of the Hong Kong film industry establishment. It can boast a production pipeline connected to a large talent pool, enviable connections in mainland China, a profile in Hollywood and even a stock market listing. But it...
| Mar 18, 2014
| 6:43 AM
WASHINGTON -- Despite a sharp jump in food costs, consumer prices increased just 0.1% last month in an indication inflation remains in check, the Labor Department said Tuesday.
Over the previous year, the consumer price index has risen 1.1%. The...
| Apr 19, 2014
| 8:10 PM
A controversy-riddled water district involved in a federal corruption investigation is in danger of losing its insurance, a political black eye that could have implications for the agency and its 2 million customers.
The Assn. of California Water...
| Mar 13, 2014
| 11:49 AM
There are more millionaires in the United States than ever before.
The number of households with net worth of $1 million or more, excluding their homes, is at a record 9.63 million, according to a new report.
That eclipses the old mark of 9.2...
| May 7, 2014
| 5:53 PM
In 2008, when Treasury Secretary Henry M. Paulson needed someone to run the controversial bailout of the nation's banks, he turned to a trusted and unflappable aide who had followed him from Goldman Sachs to Washington — Neel Kashkari.
| Mar 19, 2014
| 6:07 AM
WASHINGTON -- Janet L. Yellen, who broke the Federal Reserve's glass ceiling, marks two more milestones Wednesday, wrapping up her initial policymaking meeting as chairwoman then facing reporters' questions for the first time since taking office last...
| May 5, 2014
| 9:49 AM
Banks are reviving some of the riskier lending practices that preceded the financial crisis, attracting attention as you might expect, although they say they're keeping a lid on things this time.
One trend is enabling homeowners to tap equity...
| Mar 13, 2014
| 10:41 AM
WASHINGTON -- Stanley Fischer, the former Bank of Israel president nominated for the Federal Reserve's No. 2 job, defended his work on Wall Street and told senators at his confirmation hearing Thursday that he understood the effect of economic problems on...
| Mar 26, 2014
| 1:39 PM
WASHINGTON -- The Federal Reserve said Wednesday it rejected plans by Citigroup Inc. and four other large U.S. banks for dividend payments and stock buybacks after annual stress tests.
Those tests raised questions about weaknesses in the risk-planning...
| Mar 19, 2014
| 11:27 AM
WASHINGTON -- Federal Reserve policymakers voted Wednesday to continue reducing their bond-buying stimulus program and said they no longer would consider raising its near-zero interest rate once the unemployment rate fell below 6.5%.
The Federal Open...