Senator Christopher Dodd of Connecticut, who heads the Senate Banking Committee, is planning to propose the merger of four bank agencies into one super-regulator, an idea that is significantly different... Read »

China’s central bank said on Saturday it had done a good job promoting economic growth and would keep implementing pro-growth policies as set by the country’s top leadership at a meeting... Read »

Fidelity Investments and Vanguard Group Inc. are among those discussing the creation of a cash reserve to blunt a run on money markets like the one that occurred last September, according to a report... Read »

Microsoft Corp. (MSFT), amid mounting government scrutiny of executive pay, said its board approved a shareholder advisory vote on executive compensation, starting at its shareholder meeting Nov. 19.  Read More →

Larry Summers on Friday accused financial lobby groups of using ‘death panel’ type scare tactics to try to block the creation of a consumer financial protection agency.  Read More →

CME Group Inc. is in talks with banks including Goldman Sachs Group Inc. and Morgan Stanley to join a credit swap clearinghouse after signing Pacific Investment Management Co. and BlackRock Inc. as members.  Read More →

The world economic downturn has passed its low point, with financial markets rebounding, Morgan Stanley CEO John Mack said on Friday.  Read More →

In one of its largest phase-outs of a government economic rescue plan to date, the Treasury Department officially ended its year-old program to guarantee money market mutual funds, the department said... Read »

Unemployment rose in 27 U.S. states in August, with California and Nevada reaching record levels of joblessness. Rhode Island rounded out the list of states with the highest level of unemployment since... Read »

U.S. bank regulators will meet at the end of the month to explore options, possibly including some that are not well-known, to replenish the dwindling fund that safeguards bank deposits, the chairman... Read »