MLM Counties News. Notices. Need-to-know Information.

The cost of living in the U.S. rose less than forecast in August, a sign it will take time for inflation to reach the goal of Federal Reserve policy makers as they consider trimming stimulus designed to bolster the economy.

St. Louis-based Furniture Brands International Inc. won court approval of as much as $115 million in bankruptcy financing.

The presidents of all 12 Federal Reserve regional banks urged the U.S. Securities and Exchange Commission to extend its proposed rules for money-market mutual funds to a bigger chunk of the industry’s $2.6 trillion in assets.

The Chapter 11 reorganization plan by AMR Corp., the parent of American Airlines, can’t take effect until the combination gets regulatory clearance.

Tagged with: American Airlines AMR Corp.

Saeed Ahmad alleged he was demoted after he conducted audits and told superiors about the risks the bank was taking and what he saw as a lack of adequate controls.

Tagged with: Morgan Stanley whistleblower

JPMorgan Chase & Co. and insurers reached a $300 million settlement with property owners who accused the companies of overcharging for hazard insurance.

Tagged with: JPMorgan Chase & Co.

Manufacturing in the U.S. expanded more than forecast in August to the fastest pace since June 2011, a sign the sector will contribute more to the expansion in the second half of the year.

We are a nation of risk-takers. No one has the right to take that from us.

The worst losses in U.S. debt in at least 37 years are being magnified by investors exiting the market at the same time new regulations prompt Wall Street firms to cut back on trading corporate bonds.

Raising the minimum wage to lift people out of poverty has the opposite effect. So why does an idea that violates the most basic principle of economics keep coming back to haunt us?

Tagged with: Minimum Wage Law

The plans jointly issued by two groups of international standard-setters target swaps traded outside of clearinghouses and would ensure lenders have safeguards in place when a trading partner defaults.