The Federal Reserve on Monday laid out rules for banks seeking to repay taxpayer bailout funds, clearing the way for the 19 largest financial institutions to wind down their reliance on government support.
Long-term bond yields climbed sharply on Monday as improving sentiment on the economy sapped demand for government debt.
Interview and discussion with Stuart Hoffman of the PNC Financial Services Group.
ON THE same day of manufacturing icon General Motors' bankruptcy filing, reports on the industrial sector from around the globe seemed to show the sector on the mend.
Prudential Financial Inc. said Monday it will not take funds from the government's financial rescue program, but it is planning to raise $1.25 billion on its own through a common stock offering.
Stock futures pointed to a higher open Monday as upbeat data on overseas manufacturing activity and U.S. consumer spending added to hopes that the global economy may soon recover.
The Dow Jones industrial average is adding Travelers Cos. and Cisco Systems Inc., dropping Citigroup Inc.
World stocks and oil rose to their highest levels in almost seven months on Monday while the dollar hit 5-month lows after evidence of a recovery in global factory activity fanned optimism about the world economy.
Satyam Computer Services Ltd Monday announced the appointment of Venki Prathivadi as the new country manager for Australia and New Zealand .
An investor watches a market board indicating the Chinese stock market index in a trading house in central Beijing.
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