WASHINGTON US government-controlled mortgage finance giant Freddie Mac said late Friday that it would ask the Treasury for an additional 30 to 35 billion dollars to prevent its collapse.
Longer-term Treasury prices have fallen for five straight trading days - indicating that investors are starting to bet on inflation despite the slumping economy.The market is factoring inflation as it ...
ICICI Bank has appointed. N. S. Kannan, the present Executive Director of ICICI Prudential Life Insurance Company , as Executive Director & Chief Financial Officer on the Board of ICICI Bank effective May 1, ...
Hefty falls in Asia, mixed closings in Europe, and a generally positive showing in the Americas marked stock trading around the world on Friday.
As speculation swirls on whether U.S. Sen. Jim Bunning will run for re-election in 2010, his latest campaign finance report shows that he raised only $27,591.44 in the last three months of 2008.
The 16-member eurozone might still be in the grip of a severe economic slump, but signs have emerged that the downturn that has engulfed the currency bloc in recent months could be reaching its low point.
Venture capital investments plunged 33 percent in the fourth quarter, falling to the lowest level in nearly four years as the financiers of new business ideas became more reluctant to take on new risks during a ...
Canadian stocks ended an otherwise disappointing week in positive territory as rising gold prices trumped another day of poor earnings results in the U.S. The S&P/TSX Composite Index was up 141.41 points or ...
Some big banks and an automaker increased the amount they spent to lobby the government late last year even as they received billions from the $700 billion financial rescue program.
President Barack Obama, keen to get his economic program rolling, met Friday with top Democrat and Republican leaders and said Congress appears "on target" to approve a massive new stimulus package by Feb.
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