Dec 11, 2012 It looks like the U.S. government’s rescue of insurance giant AIG is coming to an end. And, amazingly enough, it’s a happy ending: The government is selling the last of its AIG stock -- for a profit.
Dec 5, 2012 A British academic and banker have composed an opera that highlights the harmonies they find in the world of finance , which some view as a place of turbulence.
Nov 16, 2012 The Spanish government is suspending foreclosures for the neediest homeowners just a week after a woman there committed suicide when officials arrived at her apartment to seize it.
Nov 15, 2012 The Federal Housing Administration may need taxpayer money as delinquencies mount on loans it guaranteed for first-time home buyers.
Nov 14, 2012 The 2008 stock market crash sent folks walking away from Wall Street. Even today, an air of fear still holds some from re-entering the market. Have investors come around?
Nov 13, 2012 Yesterday, the Greek parliament pushed through an extensive package of cuts and tax increases -- its most aggressive austerity budget so far -- in order to receive their next bailout payment.
Nov 12, 2012 European finance ministers are meeting today in Brussels to decide whether Greece will receive its next scheduled bailout payment of $40 billion.
Nov 9, 2012 Following Tuesday's election, the markets took a plunge. The major stock indexes all fell nearly 2.5 percent -- the biggest sell-off of the year.
Nov 7, 2012 Car country played a big role in President Obama's re-election last night. Michigan and Ohio both benefited from the auto industry bailout and both went for the President last night.
Nov 7, 2012 What does Obama's victory mean for the economy, monetary policy, and the fiscal cliff? Exit polls showed a majority of Ohioans favored the auto industry bailout which may have put Obama over the edge in the swing state.