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Mark Carney Backs Measures To Boost Growth

Mark Carney

Mark Carney, the governor-elect of the Bank of England, has dropped a strong hint that he would favour more vigorous action to boost the UK economy if growth remained subdued when he takes over next summer.

Goldman Accused Of Failing To Raise Red Flags

Old Goldman Sachs

Goldman Sachs bankers failed to raise red flags about Lernout & Hauspie's accounting irregularities more than a decade ago, costing speech recognition software pioneers at Dragon Systems nearly all of their life's work and about $600m, a lawyer told a jury on Monday in federal court.

America's Biggest Bailout Close To End

US Flag

American International Group’s rescue is coming to an end more than four years after the U.S. took over the company to save the global economy in a bailout that fueled resentment against Wall Street.