close
This ad will auto close in 10 seconds
Rating agencies inconsistent in their treatment of China, India

Rating agencies inconsistent in their treatment of China, India

Slamming global credit rating agencies for not upgrading India despite clear improvement in its economic fundamentals, Chief Economic Adviser Arvind Subramanian on Thursday said they are following "inconsistent" standards while rating India and China.

Top US CEOs reaped billions from stock gains in recent years

CEOs at large U.S. companies collectively realized at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial crisis first hit, according to a Reuters analysis. The reason for the windfall: the soaring value of their stock awards.

Geithner revisits US financial crisis in new book

Former US Treasury Secretary Timothy Geithner says he regrets not pushing for stronger financial safeguards ahead of the devastating 2008 crisis, according to reported excerpts of his new book.

Barack Obama to mark 5-year anniversary of US financial crisis

President Barack Obama will mark the five-year anniversary of the US financial crisis on Monday in an effort to move back to his domestic agenda after weeks of dealing with Syria.

Bank of America may face civil charges over financial crisis

Bank of America may face civil charges over its actions during the financial crisis related to its mortgage products, the bank said in a filing to a US regulatory agency.

Bernanke defends Fed response to financial crisis

Chairman Ben Bernanke said Friday that the Federal Reserve was left with few good options when it stepped in to shore up the largest US financial institutions during the 2008 crisis.

Rise in US exports brightens outlook for economy

American businesses sold a record number of goods and services in Europe, China and other foreign markets in February, while imports declined.