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Senate confirmation vote on a second four-year term as chairman of the Federal Reserve, Ben S. Bernanke finds himself under attack from both ends of the political spectrum. Libertarian Rep. Ron Paul (R-Tex.), abetted by a number of liberal Democrats,...

Bank of America said Thursday that it raised $19.29 billion in a complex share sale to help pay back $45 billion in bailout funds. Repaying the money could help the ailing bank attract a new chief executive to replace Kenneth...

Professor Elizabeth Warren of Harvard Law School, details information on how poverty edges its way upward from the underclass citizens to middle class Americans...According to the latest revelations, 20 percent of Americans are unemployed, underemployed or just out of work,...

Most eyes will be on Bernanke, who will appear before the Senate Banking Committee on Thursday for a confirmation hearing for a second term as head of the central bank. Lawmakers across Capitol Hill have been increasingly critical of the...

Of all of Bank of America's problems, paying back the government's $45 billion loan is perhaps the most consequential. The bank is eager to free itself from the aid, which came from the government's Troubled Asset Relief Program, and all...

Indian outsourcing vendors, Tata Consultancy Services (TCS), Infosys and Wipro, are set to gain offshoring projects worth around $1 billion over the next one to two years...Experts such as Andy Efstathiou, director of the banking sourcing practice at research and...

Wichitopekington Tiahrt Rep. Todd Tiahrt, R-Goddard, has introduced a bill in Congress to halt further spending to bail out financial institutions and automakers...Supporters credit the program with staving off a worldwide depression by rescuing banks and other institutions that are...

A group of House Democrats are stepping up demands for greater transparency from the Federal Reserve after reports that the Fed mishandled the bailout of insurance giant American International Group Inc. The group, led by Rep. Elijah Cummings, D-Md., wants...