Dollar interbank lending rates drop
The cost of three-month dollar loans between banks fell Friday, a day after the Group of 20 world leaders agreed to help struggling countries with extra funds and to regulate financial markets more closely.
Wall Street set to rally again on economic hopes
Stock futures surged Thursday as the world's finance leaders discussed the global economy. Investors were enthusiastic about word from the London meeting of financial regulatory changes and increased funding for the International Monetary Fund.
Jobless claims jump to 669,000
The number of people filing new jobless claims rose unexpectedly last week, while those continuing to receive benefits…
Feds seize Madoff’s Florida mansion, yacht
Authorities have begun sweeping up some of the leftovers of disgraced financier Bernard Madoff's opulent Palm Beach lifestyle — including a mansion and vintage yacht — but it won't go far repaying investors defrauded of billions.
Citi, Wachovia pay back $4.7B to California residents
Wachovia Corp. and Citigroup Inc. have agreed to return a total of $4.7 billion to state residents who bought auction-rate securities from the companies, California regulators announced.
Bernard Madoff to be on Topps trading card
The Topps Company says Bernard Madoff will be featured in a new set of trading cards dubbed the 'world's biggest hoaxes, hoodwinks and bamboozles.'
World markets off sharply in Monday trading
World stock markets fell sharply Monday amid mounting pessimism surrounding this week’s G-20 meeting of leaders, more downbeat…
Barclays snubs gov’t protection; no word on iShares sale
Barclays PLC, Britain's third largest bank, said today that it will not take part in the British government's program to insure so-called toxic assets, raising fears it will need to raise billions of pounds elsewhere.
More states see jobless rate top 10%
The governmnet says more states logged double-digit unemployment rates in February, with North Carolina and Rhode Island seeing their rates hit record highs.
Glitch once again shuts down London Stock Exchange
The London Stock Exchange PLC halted trading for three and a half hours on Thursday because of a technical glitch that prevented some customers from connecting to its systems.