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India Retaliates To Khobragade's Forced Exit, Seeks Expulsion Of Same Ranked U.S.diplomat

Even as diplomat Devyani Khobragade was on her way back to India on Friday, the Indian Government sought the expulsion of an American ... tags: Devyani_KhobragadeFinancial_servicesHumid_subtropical_climateIndian_GovernmentNew_York_CityUnited_States

Raw: Yellen Confirmed to Chair Federal Reserve

The Senate confirmed Janet Yellen as the first woman to lead the Federal Reserve, elevating an advocate of fighting unemployment and a ... tags: Ben_BernankeBusinessFederal_Reserve_SystemFinancial_servicesGovernment_and_politicsIndustriesLegislature

Target: 40M Card Accounts May Be Breached

Retailer Target announced that 40 million of its customers may have had their credit card account information compromised following a ... tags: BusinessComputer_and_data_securityComputing_and_information_technologyFinancial_servicesIndustriesNationalNew_York

Fed Will Reduce Bond Purchases by $10B in Jan.

The Federal Reserve has decided to reduce its stimulus for the U.S. economy because the job market has shown steady improvement. The Fed ... tags: Ben_BernankeBusinessEconomic_policyFederal_Reserve_SystemFinancial_servicesGovernment_and_politicsGovernment_business_and_finance

Futures Little Changed As Fed Meeting To Begin

Although many in the market expect the Fed to begin to wind down its market-friendly 85 billion a month in asset purchases in March, some ... tags: Business_NewsDow_Jones_CompanyDow_Jones_Industrial_AverageFinancial_economicsFinancial_servicesMonetary_policyNEW_YORK

RBS' Technology Glitch Leaves Customers Cashless

For the time this year, RBS and its retail banking unit Netwest's online systems and debit cards failed on Monday evening as customers were ... tags: Aashika_JainCredit_cardDebit_cardFinancial_servicesTechnology_NewsThe_Royal_Bank_of_Scotland_GroupUlster_Bank

ECB's Stress Test Threshold Not Expected Above 8 Percent

A top Bank of Italy official said that the minimum capital requirement the European Central Bank will set in the stress tests that are part ... tags: Bank_of_ItalyBusiness_NewsCapital_requirementEuropean_Central_BankEuropean_UnionFinancial_servicesGianluca_Semeraro

Yellen Stands by Fed. Low Interest Rate Policies

President Barack Obama's pick to head the Federal Reserve, Janet Yellen, says that the U.S. economy has regained ground lost to Great ... tags: Barack_ObamaBusinessEconomic_policyFinancial_servicesGovernment_and_politicsGovernment_appointments_and_nominationsGovernment_business_and_finance

Chicago Bonds Hold Up In Light Trading After Downgrade

U.S. municipal bonds issued by Chicago held up in light trading even as the city's debt suffered another triple-notch ratings downgrade on ...

SAC Capital Reaches Tentative Insider Trading Deal

SAC Capital, the embattled hedge fund indicted on insider trading charges, has reached a tentative deal to settle the case and pay more ...

Wells Fargo Cuts 925 More Mortgage Jobs

Reuters - Wells Fargo Co , the largest U.S. mortgage lender, is laying off 925 employees in its home loan unit as rising rates cut into ...

Monte Paschi To Meet London Investors Over Cap Hike

LONDON/MILAN Reuters - Banca Monte dei Paschi di Siena will sound out foreign investors in London over the next few days to raise support ...