Darling Signals Overhaul of Britain’s Bank Rules May Be Limited

Chancellor of the Exchequer Alistair Darling will say that sharpening the judgment of bank regulators is the way to prevent future banking crises, suggesting […]

California Democrats Seek Tax Increases as Budget Battle Looms

Democrats who control California’s legislature said tax increases are needed to help close a $24 billion deficit, setting up a battle with Republicans that […]

Singapore Retail Sales Fall Most Since 1999 as Car Sales Slump

Singapore’s retail sales fell the most in more than ten years in April as rising unemployment and the nation’s deepest economic slump in more […]

Strauss-Kahn Says IMF Bond to Have a ‘Little’ Secondary Market

International Monetary Fund Managing Director Dominique Strauss-Kahn said there will be a “little” secondary market for the bonds that the Washington-based lender plans to […]

Fed’s Lacker: Yield curve up on optimism

Federal Reserve Bank of Richmond President Jeffrey Lacker said Wednesday that U.S. government bond yields may be rising due to optimism on a recovery, […]

U.K. Inflation Expectations Rose in May, BOE Says

U.K. consumers’ expectations for store prices in the next year increased in May for the first time in three quarters, a survey for the […]

Texas Instruments raises profit targets

Texas Instruments raised its targets for second-quarter earnings and revenue, signaling improving demand in the chip market, and its shares rose 4%.
TI’s analog chips, […]

Mattel fined $2.3 million over lead in toys

Toymaker Mattel Corp. agreed Friday to pay $2.3 million in civil penalties for violating a federal lead paint ban that resulted in the recall […]

Blanchflower Says BOE May Expand U.K. Money-Printing

Former Bank of England policy maker David Blanchflower said the central bank may expand and widen its program of buying assets with newly created […]

Merkel Says ECB Bowed to Global Pressure on Assets

German Chancellor Angela Merkel said the European Central Bank last month gave in to pressure to start buying assets, indicating she shares the Bundesbank’s […]