American International Group Inc., recipient of a bailout valued at $182.3 billion, agreed to sell two Japanese life insurers to Prudential Financial Inc. as it raises funds to repay the U.S
The U.S. Treasury Department sold a 5 percent stake in Citigroup Inc.
WASHINGTON/NEW YORK (Reuters) – A single trade by Waddell & Reed Financial Inc helped spark the cascade of market selling on May 6, said a source familiar with regulators’ report on the so-called flash crash.
The U.S.
The recalls, which cover the United States and Canada, involve seven million tricycles and more than a million high chairs as well as other products.
The Relative Strength Index is a highly popular across forex trading markets, and historical data suggests that it has had a fair deal of success as a standalone trading strategy in key instances. Yet it is far from perfect and tends to strongly underperform in adverse market conditions. In a past Forex Strategy Corner article we discussed money management in a bid to protect against such adverse moves
The new health care law could make it difficult for companies like McDonald’s to continue offering limited insurance coverage to their low-wage workers.
The government says it raised $2.25 billion from the sale of trust preferred shares that it held in Citigroup, moving to recoup the costs incurred in the $700 billion financial bailout.
Midwest corn farmers who received official letters from bankrupt ethanol producer VeraSun Energy Corp. asking for money back can breath a little easier.
The government is so worried about alienating middle-class voters that it is proceeding very cautiously in limiting benefits like child subsidies.
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