by Mallory Hughes & Jenny Leonard | Nov 14, 2011 | Business & Tech
WASHINGTON — Two federal agencies responsible for regulating Wall Street are facing budget constraints, limiting their ability to close accounting gaps and leaving uncertainty in the markets. The Securities and Exchange Commission and the Commodity Futures Trading...
by Mallory Hughes & Jenny Leonard | Oct 26, 2011 | Business & Tech
WASHINGTON — The committee responsible for finding a plan to cut the U.S. deficit by at least $1.2 trillion asked the congressional budget chief hard-hitting questions about the government’s discretionary spending, spurring further debate Wednesday....
by Mallory Hughes & Jenny Leonard | Oct 18, 2011 | Business & Tech
WASHINGTON – The glare on exchange-traded funds is set to intensify when a Senate committee puts the industry under the spotlight Wednesday. ETFs – funds that track an index and can be traded like stocks – involve the investment of billions of dollars daily. After...
by Mallory Hughes & Jenny Leonard | Oct 13, 2011 | Business & Tech
WASHINGTON — Retail investors’ bullish sentiment jumped to July levels in the past week, but the portion of investors expecting stocks to fall suggests markets have yet to hit a bottom. “Right now we have a tug of war,” said Richard Ross, global technical strategist...
by Mallory Hughes & Jenny Leonard | Oct 6, 2011 | Business & Tech
WASHINGTON – Treasury Secretary Timothy Geithner assured the Senate that President Barack Obama’s nominee for director of Consumer Financial Protection Bureau is “exceptionally qualified” for the position. At a hearing Thursday morning, the banking committee voted...
