Obama tax panel on treasure hunt

President Obama has now added tax reform to his to-do list.
The administration said this week it will form a task force to propose ways […]

Student scores one against Madoff’s brother

A New York student won a court order to temporarily freeze the assets of Peter Madoff, the brother of jailed swindler Bernard Madoff, the […]

15 of 20 top AIG bonus recipients return cash

Executives at American International Group have started giving back their bonus cash in full, according to New York Attorney General Andrew Cuomo.
On a conference […]

AIG rivals met Bernanke to complain: report

Some of American International Group Inc’s biggest rivals have urged U.S. Federal Reserve Chairman Ben Bernanke to prevent the insurance giant from using the […]

WaMu holding company sues FDIC

The holding company for failed savings and loan Washington Mutual Inc, has sued the Federal Deposit Insurance Corp. for billions of dollars in claims in […]

OECD May Cut China Growth Forecast to as Little as 6%

The Organization for Economic Cooperation and Development may cut its forecast for China’s economic growth this year to as little as 6 percent because […]

Japan May Inject Capital Into Companies, Hosoda Says

Japan’s government may follow the U.S. lead in injecting capital into large companies to help avert bankruptcies as the country grapples with recession, the […]

NY investing in Irish economy

State Comptroller Thomas DiNapoli has announced that the state’s retirement fund will invest $30 million in northern Ireland.
The investment will be made through the fund’s […]

Was the Dow’s good week a sign that the worst is over?

NEW YORK — Investors have seen this before.
Since the bear market began in late 2007, the Dow Jones industrial average has fallen into […]

IRS says E-filing up in 2009

Americans are wasting no time trying to get their money back from Uncle Sam. The IRS said Friday that taxpayers are e-filing their returns from […]