NEW YORK (AFP) – Wall Street rallied Friday in a delayed reaction to data showing a narrowing of job losses ...

NEW YORK (Reuters) – Wall Street's mettle will be tested this week as traders return from summer vacations to resurfacing signs of weakness after a six-month rally for stocks. The specter of September ...

WASHINGTON – A year after the near-collapse of Fannie Mae and Freddie Mac, the mortgage giants remain dependent on the government for survival and there is no end in sight. The companies, created ...

WASHINGTON (Reuters) – The U.S. Federal Housing Administration said on Friday it would not need a congressional subsidy even if mortgage-related losses push its reserves below a level demanded by Congress. Rising losses at the FHA, part of the U.S. Department ...

NEW YORK – Where do we go from here? A year after edging dangerously close to free fall, there are signs the economy is regaining a foothold. But Americans' sense of financial security is badly shaken and ...

VIENNA – With oil prices about where OPEC wants them and a modest economic upturn in the offing, the oil cartel isn't likely to tighten the taps when its leaders meet this ...

NEW YORK (Reuters) – U.S. mortgage applications rose for a second straight week, with demand for home refinancing loans rising to its highest level since early June, data from an industry group showed on Wednesday. Applications for loans to buy a ...

WASHINGTON (AFP) – The US economy stayed on a path of recovery from its deep recession as output shrank at an unrevised 1.0 percent annual pace in the second quarter, ...

GENEVA (AFP) – Top bank supervisors published plans for new accounting standards on Thursday, in a bid to prevent a replay of the recent financial crisis. The ...

NEW YORK – Investors are putting the brakes on the market's recent rally despite more signs that the economy might be stabilizing. Stocks mostly fell Thursday, but were off their lows at midday, after a seven-day winning streak sent the Dow ...