Obama Focuses on 3 to Fill Fed Board
By SEWELL CHAN
The administration on Friday identified two economists and a lawyer as its choices to fill vacancies on the central bank’s board of governors.
A French amphibious assault ship docked at St. Petersburg, Russia, in November.
Once-legendary Russian weapons are suffering embarrassing quality problems, and Russia’s own military is in talks with France to buy assault ships.
The administration on Friday identified two economists and a lawyer as its choices to fill vacancies on the central bank’s board of governors.
When car and gas sales were excluded, the gain was 0.9 percent, raising hopes that confidence was growing.
Bank is pushing the Swiss government to pass a treaty with the United States that would resolve a dispute over tax-evading client.
The Treasury Department said that more than 168,000 households had received permanent new mortgages under its modification plan.
A top Chinese regulator warned bluntly that any move by Google to stop censoring its Chinese search engine would draw a response from Beijing.
Consumers remain pessimistic even as the stock market recovers, but history suggest that’s not such a bad thing.
DealBook explores the British origins and basis of Lehman Brothers' now-infamous "Repo 105" accounting practice, which helped the firm mask how over-indebted it really was.
The bank used accounting gimmicks to hide its weakness in the months before its bankruptcy, a report says.
The European Central Bank president, Jean-Claude Trichet, sharpened his criticism of the banking industry, and seemed to single out hedge funds.
Shares initially gained after a rise in retail sales was reported, but slipped after a disappointing report on January’s business inventories.
Twenty states have their own versions of the old federal estate tax. The many clauses and provisions mean that, even in the absence of a federal estate tax, you might not be able to die tax-free.
Bowing to privacy concerns, Netflix said it was shelving its plans for a sequel to a contest that awarded a $1 million prize.
Advice for making an informed decision about supporting an ailing parent without bankrupting the family.
The regulations require cable TV companies to make programming available on equal terms to rival TV providers.
British Airways cabin crew are preparing to walk off the job for seven days later this month after talks with management broke down without an agreement.
The Securities and Exchange Commission filing was the final step in the company’s years of effort to become a publicly traded private equity firm.
G.E. makes nearly half the wind turbines used in the U.S. But these aren’t your grandfather’s windmills: each 1.5 megawatt turbine is 30 stories tall.
In recent months, the Japanese automaker has recalled about eight million cars worldwide over gas pedals that could stick or become caught on floor mats.
A look at 2008 compensation for chief executives at 198 major companies.
White Collar Watch finds Lehman Brothers’ accounting gimmicks are eerily reminiscent of those used by Enron, and it anticipates that the government will pursue civil charges, at the least, for securities fraud.
Many bank customers are having to decide whether to ask for overdraft protection. Most should say no.
Investors in CMKM Diamonds are suing the S.E.C. for $3.87 trillion for knowing about a fraud at the tiny firm but not stopping it.
Meridee A. Moore of Watershed Asset Management, a hedge fund, likes the back-and-forth of working in an open space. Private offices, she says, are lonely.
Women at many of the world’s top companies continue to lag behind their male peers in pay and opportunities, a new report says.
Nearly one in five of the businesses created in 2008 were by people 55 and older, but success isn’t guaranteed.
A continuously updated summary of credit crisis developments.