Bankers from the nation’s top financial institutions faced tough questions Wednesday from Congress, which has been investigating what led to the financial collapse and what role banks played. Kwame Holman reports. Continue reading
As the world’s industrialized nations continued to roll out more plans to bolster flagging economies, European leaders called for a review of the global financial system.
President Bush’s signing of the Unlawful Internet Gambling Enforcement Act bans the use of credit cards, checks, and electronic transfers to place bets on gambling websites on the internet. Analysts discuss the implication of the recent law. Continue reading
Financial institutions in New York City, Newark, N.J., and Washington, D.C., opened for business Monday under tight security after the government warned terrorists might be planning attacks against "iconic economic targets" in those cities. Continue reading