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• Wall Street ends flat after mixed data

  12 Mar 2010

  NEW YORK (Reuters) - Mixed consumer and retail data kept stocks near break even on Friday, but major indexes edged higher for a second straight week. ..More

• Cheap cigars, politics and the Volcker Rule

  12 Mar 2010

  NEW YORK (Reuters) - In mid-January, a who's who of Wall Street gathered to hear Paul Volcker, the former Federal Reserve chairman whose role in the White House seemed at best unclear. ..More

• Yellen leads picks for Fed seat

  12 Mar 2010

  WASHINGTON (Reuters) - San Francisco Federal Reserve Bank President Janet Yellen, a monetary policy dove, tops President Barack Obama's list to be No. 2 at U.S. central bank, the White House said on Friday. ..More

• Treasury says 1 million homeowners in loan modifications

  12 Mar 2010

  WASHINGTON (Reuters) - An Obama administration program to help struggling homeowners modify their mortgages has more than one million active borrowers, though fewer than 10 percent have obtained permanent loan modifications, according to a Treasury Department report released on Friday. ..More

• Calif. lawsuit claims Toyota hid defect evidence

  12 Mar 2010

  SANTA ANA, California (Reuters) - Southern California prosecutors filed the first U.S. consumer protection lawsuit against Toyota Motor Corp on Friday, claiming it had engaged in "fraud" by hiding evidence of dangerous vehicle defects. ..More

• Retail sales rise as shoppers fight winter blues

  12 Mar 2010

  WASHINGTON (Reuters) - U.S. retail sales rose unexpectedly last month despite heavy snow storms that were thought to have kept shoppers at home and bolstered hopes of a sustainable economic recovery. ..More

• Slow financial regulatory reform irks industry

  12 Mar 2010

  BOCA RATON, Florida (Reuters) - The pace of financial regulatory reform remains slow even as the global economy struggles to recover from a crisis that many say was caused by inadequacies in the current system, attendees at an annual financial conference said this week. ..More

• "Cash for keys" aids home borrowers, investors

  12 Mar 2010

  NEW YORK (Reuters) - Jon Daurio, chief executive officer of mortgage investor Kondaur Capital Corp., recently offered a $4,000 check to Barry Culver for the deed to his Bryan, Ohio house. ..More

• WaMu deal resolves fallout from record bank failure

  12 Mar 2010

  WILMINGTON, Delaware (Reuters) - Washington Mutual Inc said on Friday that it reached a deal that will bring it roughly $6 billion and help resolve its bankruptcy, but it could leave shareholders in the cold. ..More

• Author Lewis equates Wall St bonuses with "theft"

  12 Mar 2010

  NEW YORK (Reuters) - Author Michael Lewis, known for exposing the culture of excess at Solomon Brothers with his book "Liar's Poker," says Wall Street bonuses at banks bailed out by Washington are "a very elegant form of theft." ..More

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