U.S. nonfarm payrolls shed 63,000 jobs in February — the second consecutive monthly decline.
The Houston-based asset management firm’s earnings fell $596,000, after a net income of $2.6 million in the year-ago period.
The New York attorney general Andrew Cuomo is broadening his investigation into health insurers’ practices related to payments for out-of-network services.
Ambac will seek to raise capital through a $1 billion common stock offering, plus a $500 million public offering of equity units.
Modifications to SEC's privacy regulations would allow departing brokers to take customer contact information with them.
Republicans plan to introduce a bill that would make compliance with some provisions of Sarbanes-Oxley voluntary for banks.
The rate of home loans entering the foreclosure process was 0.83%, up from 0.54% a year ago.
Pay tax on such financial products, even though no payoff from such investments is assured, would unfairly limit trade of the financial products, according to the group.
Federal Deposit Insurance Corporation chairperson Sheila Bair said most financial institutions remain well capitalized.
Manufacturing reports were down across the board with only St. Louis reporting a pickup in activity.
