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Jobs report shows momentum for new year

Jobs report shows momentum for new year

The government is expected to report Friday that businesses stepped up hiring in December, a trend likely to gain momentum in 2011. Economists are predicting that employers added a net…

End of TARP leaves small banks scrambling to repay

End of TARP leaves small banks scrambling to repay

The U.S. government’s $700 billion bailout of the financial system has become a form of long-standing aid for many of the nation’s small and regional banks, even as the program…

BP execs face grilling on Capitol Hill

BP execs face grilling on Capitol Hill

BP Plc’s U.S. chief faces accusations in Congress on Tuesday that the energy giant caused the worst oil spill in U.S. history with a calculated strategy to cut costs, hours…

Democrats block GOP effort to kill consumer protections

Democrats block GOP effort to kill consumer protections

The Senate on Thursday rejected a Republican attempt to defang consumer protections in a sweeping Wall Street reform bill, while voting to give small banks a break on deposit insurance.…

Some agreement on Wall Street reform

Some agreement on Wall Street reform

Key senators reached a partial agreement on Wall Street reform on Tuesday, but disputes over some issues continued, and the Senate adjourned without casting votes on amendments as planned. The…

Republicans block Wall Street reform…again

Republicans block Wall Street reform…again

Undaunted by the political risks, Senate Republicans hung together and again thwarted Democratic efforts to start formal debate on sweeping legislation to rein in Wall Street excesses. For the second…

Dems ramp up pressure on Wall Street

Dems ramp up pressure on Wall Street

Democrats planned to keep up the pressure on Republicans after an expected setback put the brakes on Senate consideration of financial regulations. But their task got slightly more complicated by…

Dems to GOP: ‘Go ahead, make our day’

Dems to GOP: ‘Go ahead, make our day’

With a showdown vote looming, Democrats are resisting Republican appeals for a broad compromise on financial overhaul legislation and are eager to test whether GOP unity will crack in an…

Porn surfing by SEC execs draws GOP ire

Porn surfing by SEC execs draws GOP ire

Republicans are stepping up their criticism of the Securities and Exchange Commission following reports that senior agency staffers spent hours surfing pornographic websites on government-issued computers while they were supposed…

Did Goldman-Sachs buy the Obama White House?

Did Goldman-Sachs buy the Obama White House?

While lawyers for Goldman Sachs worked overtime to avoid civil fraud charges from the Securities and Exchange Commission, the firm’s CEO visited the White House four times. In addition, the…

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