Banking, finance, and taxes
4937 Articles
The most important financial lifeline for most small businesses and consumers is their bank. More often than not these banks…
The federal government has decided that Fannie Mae (FNM) and Freddie Mac (FRE) are too big to fail. The Fed…
In an attempt to save Fannie Mae (FNM) and Freddie Mac (FRE) from becoming insolvent, the US Treasury is reviewing…
The Fed offered to open it emergency discount window to Fannie Mae (FNM) and Freddie Mac (FRE) to offer them…
The financial services sector has gone from horrible to somewhat stabilizing and back to horrible and then looking even worse. …
Shareholders at Citigroup (C) have been begging new management to auction off as much of the bank as the new…
It has started to look like a pattern. A financial company gets in trouble. It stocks falls. The shareholders take…
The financial sector is reeling yet again over woes from GSE’s. In fact, there are now many traders betting that…
Wachovia (WB) named a former Treasury official as its CEO. Robert Steel most recently served as undersecretary for domestic finance…
Rules are made to be broken, or, at least altered when necessary. Shares in Freddie Mac (FRE) and Fannie Mae…
Citigroup (C) may be facing another $8 billion in write-downs in the second quarter. It may also cut 18,000 people…
Europe’s banks need to head back out on the fund-raising circuit. They may have to bring in as much as…
Penn National Gaming Inc. (NASDAQ: PENN) has been considered a dead merger for quite some time, yet it only officially…
OneBeacon Insurance Group (NYSE: OB) isn’t a household name. But today it filed for a $1 Billion mixed securities shelf…
Oppenheimer says that Merrill Lynch (MER) lost $5.8 billion in the second quarter. The analysis also says Merrill will cut…
Our top personal finance-related articles today. Your wallet will thank you later.