French Finance Minister Christine Lagarde is poised to be appointed to head of the International Monetary Fund after the U.S. joined countries including European Union nations and Russia in supporting her candidacy.
BusinessWeek.com — Finance
U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a second day, amid optimism European nations will take action to prevent a Greek default and after Nike Inc. beat earnings estimates.
BusinessWeek.com — Finance
U.S. stock futures advanced, indicating the Standard & Poor’s 500 Index may rise a second day, amid optimism that a deal can be reached to help Greece avoid defaulting on its debt.
BusinessWeek.com — Finance
The U.S. supports French Finance Minister Christine Lagarde to become the next head of the International Monetary Fund, the Treasury Department said today.
BusinessWeek.com — Finance
The European debt crisis would pose a threat to U.S. money-market mutual funds if a rash of sovereign defaults caused big banks to fail to meet obligations within the next three months.
BusinessWeek.com — Finance
U.S. stocks advanced, breaking a three-day losing streak for the Standard & Poor’s 500 Index, as regulators issued capital rules to safeguard the global financial system and technology companies rallied.
BusinessWeek.com — Finance
The decision to make too-big-to-fail banks primarily use retained earnings and ordinary shares to meet heightened capital requirements was a victory for U.S. regulators over their European counterparts.
BusinessWeek.com — Finance
Consumer spending unexpectedly stagnated in May as employment prospects dimmed and rising inflation caused Americans to cut back.
BusinessWeek.com — Finance
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