President Obama calls Congressional leaders for fiscal cliff update as deadline looms
President Barack Obama telephoned congressional leaders on Thursday from both parties with just a few days left to reach a deal to avoid the year-end tax increases and spending cuts known as the fiscal cliff. official More...
HSBC avoids charges of money laundering to Mexcian drug cartels, financing terrorists with $1.9 billion payoff
HSBC. the banking giant, will pay $1.92 billion in a settlement with U.S. regulators to resolve money-laundering allegations, the bank announced Tuesday. Photo/RevisorWeb 2004 wikimedia commons This deal will defer More...
Fiscal Cliff returns Washington to ‘insults’ as Rand Paul challenges the narrative
The national election is over and Republicans and Democrats appear to have returned to their pre-election stances: blame one another. House Speaker John Boehner declared himself disappointed that “no substantive More...
Timothy Geithner offers mixed review of the economy, then targeted by GOP
“The economy is not growing fast enough. Unemployment is very high. There’s a huge amount of damage left in the housing market. Americans are living with the scars of this crisis.” – Secretary More...
Geithner and Wang discuss U.S. and China economic relations
Treasury Secretary Timothy Geithner on Sunday discussed economic ties with Chinese Vice Premier Wang Qishan in a brief meeting in eastern China. Geithner and Wang, who are designated as special representatives of More...