- Gentlemen, start your drones: Judge’s ruling opens door for commercial use
- Soldier who hid, bragged about not saluting flag to be punished — in secret
- ‘Maverick’ of the seas: ‘Top Gun’ school for U.S. ship officers to launch
- Putin declares Sochi Paralympics open amid Ukrainian protest
- ‘In Jesus name, we pray’ sparks ire at Ohio council meeting
- Navy’s first laser weapon ready for prime time; drone killer to deploy this summer
- Billionaire backer: Rick Santorum ‘needs to be heard’ in 2016
- Obamacare fallout: 49 percent pessimistic; 45 percent ‘scared’
- DHS accused of holding U.S. citizen at airport, using emails to pry into her sex life
- Seattle socialist: Minimum-wage discussion skewed by ‘right-wing’ GAO analysis
Taxpayers must pay the freight for over-budget train projects
Topic - Federal Deposit Insurance Corporation
Oklahoma's banking commissioner has closed The Bank of Union in El Reno due to significant loan losses and the exhaustion of capital funds.
The chorus of optimistic forecasts is growing. The Federal Reserve's Beige Book reported moderate growth from November to the end of 2013, and that "the economic outlook is positive in most districts."
Capitol Hill has been awash recently with various ways to reform Fannie Mae and Freddie Mac, the government-sponsored enterprises, or GSEs.
Republicans haven't succeeded in repealing Obamacare, or even restraining the scheme the Democrats pushed through Congress without a single Republican vote. That's what can happen with a determined Democrat in the White House and the Democrats in control of half of Congress. Republicans in the House will now take aim at another of President Obama's hyperpartisan achievements, the Dodd-Frank Wall Street regulation bill.
Having the legislative branch enact laws, to be signed by the executive (as set out in the Constitution), has become a quaint concept under President Obama.
The suggestion in "Obama supports elimination of Fannie, Freddie" (Web, Aug. 7) that the president suddenly favors free-market solutions prompts deeper examination of this article. The suggestion that "private banks and investors" were actually the driving force "before the crisis" offers an opening clue that likely much of what the writer "knows" is incorrect, raising further need for a careful read.
A recent Wall Street Journal article examined how the Federal Reserve's use of low interest rate policies has failed to reach those most in need. Aptly calling it the "credit divide," the article said that "Fed officials have been so frustrated in the past year that low interest rate policies haven't reached enough Americans to spur stronger growth, the way economics textbooks say low rates should."
The real estate giant chaired by Richard Blum, the husband of California Sen. Dianne Feinstein, is cashing in on a new federal crisis.
The U.S. banking industry enjoyed its second-most profitable year in history in 2012, according to a new report from the Federal Deposit Insurance Corp., but that may not be enough to save the jobs of thousands of bankers.
"I'm going to save more."
U.S. banks ended 2012 with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They're helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing and anxious consumers.
U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They're helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing and anxious consumers.
Vilified as a chief cause of the global financial crisis three years ago, America's banks appear to be quietly on the mend.
A federal program giving unlimited insurance guarantees to some no-interest bank accounts, enacted at the height of the financial meltdown, will die out at the end of the year after the defeat of a Senate plan to extend it.
Last week, Christine Jacobs, the CEO of Theragenics Corp., a public company listed on the New York Stock Exchange that makes medical devices and is involved in cutting-edge cancer cures, wrote a letter to President Obama explaining why it was necessary to "begin moving our U.S. manufacturing to Costa Rica."