Volcker Exemption For Sovereign Debt Said to be Weighed by U.S. Regulators - Bloomberg

U.S. banking regulators are exploring whether they can exempt sovereign debt from the Dodd-Frank ban on proprietary trading after foreign governments complained that the rule […]

Spain unemployment hitting nearly 1 of 4 workers

Spain’s brutal unemployment rate soared to nearly 23 percent Friday and closed in on 50 percent for those under age 25, leaving more than 5 […]

EU ministers push bondholders in Greek deal

European finance ministers piled the pressure on Greece’s private creditors Monday to reach an agreement with Athens to cut the country’s massive debt load, with […]

Swiss National Bank chief quits amid trades uproar

Swiss National Bank Chairman Philip Hildebrand resigned abruptly Monday, bowing to a public uproar over his private currency deals just as a Swiss parliamentary committee […]

APNewsBreak: Suit challenges oil lease sale

Environmental groups challenged the first attempted auction of offshore petroleum leases in the western Gulf of Mexico since the Deepwater Horizon disaster in 2010, filing […]

US stock futures mixed after European rate cut

U.S. stock futures are mixed after the European Central Bank cut a key interest rate by a quarter-point.
The rate cut was roughly in line with […]

Strains in German economy trouble Europe

The German economy, which has been a bastion while its neighbors have buckled one by one under debt, showed signs of strain Wednesday and raised […]

Ralcorp appoints Block president, COO of Post Holdings

Terence Block, the president of Nestle Purina PetCare’s North American pet food business for most of the past decade, has been named the new president […]

IMF to monitor Italy’s economic reform efforts

The International Monetary Fund will monitor Italy’s financial reform efforts, Premier Silvio Berlusconi said Friday, a humbling step for one of the world’s biggest _ […]

US reps seek new law after raids at Gibson guitars

Two members of Tennessee’s congressional delegation on Thursday announced federal legislation aimed at quelling fears among owners of musical instruments and other products made from […]