Politics Mar 18 Madoff's Accountant Arrested on Fraud Charges The longtime accountant for jailed swindler Bernard Madoff was arrested Wednesday and charged with fraud dating back 17 years for failing to conduct audits in what was may be the biggest investment fraud on Wall Street.
Economy Mar 17 Government Furor Continues Over AIG Bonuses As the furor continues over millions of dollars in employee bonuses at the failed insurance giant AIG, lawmakers and administration officials in Washington are weighing their options to either block the payments or penalize the company.
Economy Mar 17 New Home Construction Jumps as Wholesale Prices Edge Up The Commerce Department reported Tuesday that construction of new homes and apartments jumped 22.2 percent in February compared with January, pushing total activity to a seasonally adjusted annual rate of 583,000 units.
Economy Mar 16 Obama Cites 'Outrage' Over AIG Bonuses President Barack Obama said Monday that he intends to stop American International Group from paying out millions in executive bonuses, as concern intensified over the insurance giant's handling of federal rescue money.
Economy Mar 16 New Grads Increasingly Turning to Jobs in Service, Volunteer Sectors With the nation's unemployment rising to a 25-year high this month and the financial sector in turmoil, job prospects look bleak for many college seniors set to graduate this spring.
Economy Mar 13 Latin American Countries Worlds Apart in Economic Downturn With the global economy in a tailspin, some Latin American countries are feeling the effects of slumping trade and a drop in remittances from people in the United States, while others appear to have been spared for now.
Economy Mar 13 China Voices Concerns on U.S. Investments as G-20 Summit Begins China's Premier Wen Jiabao expressed concern Friday about China's massive holding of U.S. debt and Treasuries, appealing to U.S. leadership to make moves to restore economic health and insure the value of China's holdings.
Economy Mar 13 Stocks Continue Rally, End Best Week Since Nov. U.S. stock markets added gains Friday after a mixed trading day, continuing their rare four-day rally and ending their best week since November.
Politics Mar 12 Pakistan Arrests Protesters in March on Capital Pakistani police blocked a group of protesters from leaving the country's largest city Thursday, attempting to stop a cross-country demonstration march that could fan the flames of political unrest in the country.
Politics Mar 12 Madoff Pleads Guilty in Wall Street Swindle Bernard L. Madoff pleaded guilty Thursday to 11 charges that he orchestrated what may be the largest financial fraud in Wall Street history, cheating investors out of billions of dollars in a fraud that has drawn demands for stricter regulations.