by Lucy Ren | Jul 8, 2015 | Business & Tech
WASHINGTON–Insurance and investment management companies want an “off-ramp” for companies deemed systemically important financial institutions, a designation that subjects them to tougher scrutiny, top executives told a Senate Committee on Banking, Housing and...
by Lucy Ren | Jul 7, 2015 | Business & Tech, Topics
WASHINGTON—In light of the approaching fifth anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act, experts including Treasury Secretary Jacob Lew are evaluating the impact of the most far reaching and controversial reform in the U.S. financial...
by Kulwant Saluja | Jul 7, 2015 | Business & Tech
WASHINGTON, D.C., July 7 — Greece’s rejection of bailout terms imposed by European creditors has deeply concerned western economists, but the referendum had only a mild impact on the U.S. stock market. Greek Prime Minister Alexis Tsipras said that his...
by Xiaolan Tang | Jul 2, 2015 | Business & Tech
Former Gov. Rick Perry took his case for the GOP presidential nomination to Washington Thursday, arguing that it is the Republican Party’s moral and historical duty to court black voters. Published in conjunction with
by Jin Wu & Phoebe Tollefson | Jul 2, 2015 | Business & Tech
WASHINGTON – International forecasters predict a rosy outlook for beef producers worldwide over the next decade, but ranchers in Montana are proceeding with caution. “Cattle prices are more or less an attitude,” said Jim Baker, a regional director at the Montana...
by Siyuan Du | Jul 1, 2015 | Business & Tech
Washington – The National Highway Traffic Safety Administration will meet Thursday to address its concern that Fiat Chrysler Automobiles NV has not met recall requirements for about 10 million vehicles. The automaker could be charged with a civil penalty that...