Bloomberg News

Genworth Names McInerney CEO To Fix Mortgage Insurer

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Genworth Financial Inc., the insurer whose stock plunged more than 80 percent since the end of 2006, named Thomas J...

SEC Seeks Sanctions Against Ex-Morgan Keegan Fund Directors

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Eight former directors overseeing mutual funds for Morgan Keegan & Co. were accused by U.S...

Controversial Short Seller Continues To Highlight Problems At Asian Firms

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The founder of Los Angeles-based Muddy Waters, who has been vocal about accounting problems at U.S.-listed Chinese companies, is switching his focus elsewhere.

U.S. Intelligence Agencies Predict A Transformed World

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New technologies, dwindling resources and explosive population growth in the next 18 years will alter the global balance of power and trigger radical economic and political changes.

Fracking Seen Robbing OPEC's Power To Set U.S. Gasoline Prices

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The success of American drillers in coaxing fossil fuels from shale rock has the potential to boost production so much that it may deny OPEC the power to set global oil and gasoline prices, an...

Budget Crisis Really A 'Fiscal Slope'

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The image of a "fiscal cliff," coined by Federal Reserve Chairman Ben S. Bernanke, actually misstates the economic reality of a failed budget compromise, experts say.

Goldman Fined For Failing To Prevent Trader’s $8.3B Bet

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Goldman Sachs Group Inc. will pay $1.5 million to settle U.S. regulatory claims the firm failed to supervise a commodities trader who concealed an $8.3 billion position.

Brokers Must Disclose Bonuses To Clients In Finra Proposal

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Brokers who switch firms would be compelled to tell customers about any recruiting bonuses and other incentives received under rules proposed by industry regulators to protect clients from conflicts...

Democrats Hint At Entitlement Program Cuts

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Senate Democratic leaders are signaling that they may be willing to trade an entitlement program overhaul to secure a deal to rein in the national debt.