Financial Crisis | featured news

The Treasury Department will begin selling off the remaining 2.4 billion shares of Citigroup common stock the government holds as a result of aid provided to the bank during the financial crisis.

Wells Fargo agreed to pay $100 million to Citigroup to settle all claims related to its $15-billion deal to acquire Wachovia in the midst of the financial crisis.

The ultimate size will depend on whether Dublin merely tries to shore up and restructure its crippled banks, or whether a larger package is offered to give it more breathing room.

American International Group Inc and the U.S. government agreed on a plan that would see the insurer repay taxpayers fully for bailing it out at the height of the financial crisis.

Global financial regulators on Sunday agreed on new banking rules designed to strengthen bank finances and rein in excessive risk-taking to help prevent another crisis.

With the district in a financial crisis and hundreds of its members facing layoffs, the Milwaukee teachers union is taking a peculiar stand: fighting to get its taxpayer-funded Viagra back.

The former chairman of the Federal Reserve said keeping the cuts would drive up borrowing costs and could lead to another financial crisis.

The post office wants to increase the price of a stamp by 2 cents to 46 cents starting in January. The agency has been battered by massive losses and declining mail volume and faces a financial crisis.

Germany, France and the UK said Tuesday that they will introduce bank levies to offset the cost of future financial crisis and will urge their counterparts from the Group of 20 industrial and developing nations to do the ...

The European Union agreed on a 500 billion-euro ($670 billion) emergency fund in the early hours of Monday to protect highly indebted eurozone countries from the "wolfpack" of financial markets.