Trichet Says Fed’s Move Wasn’t Aimed at Weakening the Dollar - Bloomberg

European Central Bank President Jean- Claude Trichet, speaking on behalf of the world’s central bankers, said the Federal Reserve’s decision to buy more assets was […]

BOE names Kathryn Matayoshi as superintendent

The Hawaii State Board of Education unanimously voted Kathryn Matayoshi to be the new superintendent of the Hawaii State Department of Education.
At a special meeting, […]

Washington to share $160M in education cash with 30 other states

A consortium of 31 states that was led by Washington received a $160 million grant Thursday from the Department of Education to develop a student […]

Report: Target may make additional amends over MN Forward donation

Target Corp. may be trying to find another way to cool down the anger of gay rights advocates upset over a $150,000 political donation to […]

Goldman settles with SEC for $550 million

Goldman Sachs paid $550 million to settle charges of defrauding investors in a sale of securities tied to subprime mortgages, the Securities and Exchange […]

ASK THE EXPERT: Steve Meeks senior vice president, Paric Corp.

All businesses — and particularly retailers — thinking of conserving costs by shrinking space should consider at least three factors to assure the maximum […]

CIT loss won’t be last for taxpayers

CIT Group is the first big bailout loss for taxpayers, but it won’t be the last.
CIT (CIT, Fortune 500) filed for Chapter 11 […]

U.S. banks slow to absorb commercial property losses: report

A U.S. Federal Reserve report found that banks in the country are slow to take losses on their commercial real estate loans that have […]

U.S. banks need to have higher capital: Greenspan

Banks in the United States need higher capital than they currently have, Alan Greenspan, former chairman of the Federal Reserve told a Mumbai conference […]

Bad assets may need more support

The U.S. Treasury Department should consider expanding programs to cleanse troubled assets from bank balance sheets if current efforts fail to restart markets or […]